Renewable EnergyMarket UpdateOutlook for 2022 and 2023The IEA examines the full spectrum of energy issues including oil, gas and coal supply and demand, renewable energy technologies, electricity markets, energy efficiency, access to energy, demand side management and much more. Through its work, the IEA advocates policies that will enhance the reliability, affordability and sustainability of energy in its 31 member countries, 10 association countries and beyond.Please note that this publication is subject to specific restrictions that limit its use and distribution. The terms and conditions are available online at www.iea.org/t&c/This publication and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.Source: IEA. All rights reserved.International Energy Agency Website: www.iea.orgIEA member countries: Australia Austria Belgium Canada Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland ItalyJapanKoreaLithuania Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Republic Spain Sweden Switzerland Turkey United Kingdom United States The European Commission also participates in the work of the IEAIEA association countries:ArgentinaBrazilChinaEgyptIndia Indonesia Morocco Singapore South Africa ThailandINTERNATIONAL ENERGYAGENCYRenewable Energy Market Update 2022 Outlook for 2022 and 2023 Abstract PAGE | 2 IEA. All rights reserved. Abstract Renewable electricity capacity additions broke another record in 2021 and biofuels demand almost recovered to pre-Covid levels, despite the continuation of logistical challenges and increasing prices. Howev...
