Renewables to rival coal for power generation in 2035, group says



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Herald Net

LONDON -- Renewable energy is set to rival coal as the main generator of the world's electricity by 2035 as the costs of technology fall and subsidies rise, the International Energy Agency said Monday.

Wind farms, solar parks and hydroelectric dams are forecast to become the second biggest power generator in 2015 and rise to almost a third of all generation in 2035, a level approaching that of coal, the Paris-based agency that advises 28 nations on energy policy said in its annual outlook.