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By 2050, Half of the World's Power will come from the Sun & the Wind

R Sinduja

News Editor

According to the Bloomberg report, nearly half the world's electricity will come from renewable sources of energy by 2050 as the costs of wind, solar, and battery storage continue to plummet. This shift in the next 3 decades will come as electricity demand increases by 62%, and investors put $13.3 trillion into new projects. Solar and wind will supply 50% electricity; hydro, nuclear & other renewables will provide 21%.