The Effect Of Increased Renewables On Cycling Plants
Source: Waltron Group
According to World Bank data, the growth in global electricity production in most countries has remained relatively constant over the past decade. Only developing nations such as China and India have seen any significant growth. In that context, the growth of renewable energy sources to about 20% of overall supply is a remarkable paradigm shift in the power generation industry. With wind and solar growing five to seven times faster than other sources, this trend will only continue to accelerate.
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Waltron Group
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