Renewables 2021
Analysis and forecasts to 2026
Cite report
IEA (2021), Renewables 2021, IEA, Paris https://www.iea.org/reports/renewables-2021
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In this report
Renewables 2021 is the IEA’s primary analysis on the sector, based on current policies and market developments. It forecasts the deployment of renewable energy technologies in electricity, transport and heat to 2026 while also exploring key challenges to the industry and identifying barriers to faster growth.
Renewables are the backbone of any energy transition to achieve net zero. As the world increasingly shifts away from carbon emitting fossil fuels, understanding the current role renewables play in the decarbonisation of multiple sectors is key to ensuring a smooth pathway to net zero.
While renewables continued to be deployed at a strong pace during the Covid-19 crisis, they face new opportunities and challenges. This year’s report frames current policy and market dynamics while placing the recent rise in energy and commodities prices in context. In addition to providing detailed market analysis and forecasts, Renewables 2021 also explores trends to watch including storage, producing hydrogen from renewable electricity, stimulus packages, aviation biofuels and residential heating.
Renewables 2021 includes a data dashboard which enables users to explore historical data and forecasts for the electricity, biofuels for transport and heat sectors, as well as an interactive calculation tool which allows users to explore and compare the economics of different residential heating systems, in terms of cumulative discounted cash flow and levelized cost of heating (LCOH).
Additional downloads
Renewables 2021 dataset
Renewables 2021 dataset product gives full access to all the data in Excel format, plus additional premium data for the electricity sector, including additional historical years.
