The IEA discusses the hurdles bioenergy faces

Jeremy Moorhouse, energy analyst at the International Energy Agency (IEA) spoke to Bioenergy Insight to unpick what the World Energy Outlook 2022 report means for bioenergy. It is predicted that we will see an 85% acceleration in renewable electricity from 2022-2027, according to the International Energy Agency’s report, which is 30% higher than forecast in its last analysis. Bioenergy Insight asked whether Russia’s invasion of Ukraine was solely responsible, and if not, what other factors are in play. “Renewable electricity deployment is accelerating in response to both more ambitious expansion policies and the energy crisis. This year’s forecast has been revised upwards by almost 30% from last year’s despite energy market turbulence, mainly because China, Europe, the United States and India are implementing existing policies, regulatory and market reforms and new policies more quickly than expected to combat the energy crisis,” Moorhouse said. China’s 14th Five-Year Plan and market reforms, the REPowerEU plan and the US Inflation Reduction Act are...