Fossil fuels are a 'crutch': How AI's unlikely winner could be renewable energy
Uniunea Europeana
Stalled demand for energy in Europe pushed investors away from renewables, but artificial intelligence could see cash flow back into the sector, while also uplifting fossil fuels. Global electricity generation from renewables is expected to jump by 60% in 2030 , accounting for 45% of total electricity output, per the International Energy Agency. Almost 50% of European power came from renewables in 2024, and the region has a strong pipeline of solar and on- and offshore wind waiting to be
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