Green energy transition: Why analysts are calling for governments to go 'beyond market economics'

Renewable power is set to dominate European power generation this decade, but significantly more policy momentum is required to boost wind, solar and hydro's share of primary demand, analysis finds. The remarkably rapid march of renewable power could see it become the backbone of much of the global electricity system by as soon as the end of this decade - but concerted policy action is still needed to deliver a successful transition away from fossil fuels towards a system dominated by solar, wind and hydro power. That is the conclusion of experts from S&P Global's Commodities Insights...