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Renewable energy will be world's main power source by 2040, says BP Annual energy forecast predicts record surge in wind, solar and other renewables Renewable energy sources will be the world's main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP. The UK-based oil company said wind, solar and other renewables will account for about 30% of the world's electricity supplies by 2040, up from 25% in BP's 2040 estimates last year, and about 10% today.
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