A new study by the Lappeenranta University of Technology (LUT) and the Energy Watch Group (EWG) shows that a global transition to 100% renewable electricity is not a long-term vision, but already a tangible reality. The study was presented on 8th November 2017 during the Global Renewable Energy Solutions Showcase event (GRESS) on the sidelines of the United Nations Climate Change Conference COP23 in Bonn.

The International Energy Agency’s calls for new investments in fossil fuels, in particular oil and gas, in its latest World Energy Outlook (WEO). This undermines the agency’s seemingly positive messages related to climate protection and the development of renewable energy, an analysis by the Energy Watch Group shows.

Energy Watch Group makes the International Energy Agency (IEA) responsible for consistently underestimating the potential of renewable energy and promoting conventional energy sources.