Renewables, particularly solar panels, are projected to surpass coal as the top source of electricity production globally by 2025, according to the International Energy Agency (IEA). The IEA's annual report on the electricity market states that renewables should account for over a third of total electricity production, reaching 37% by 2026. When combined with nuclear power, low-emission sources are expected to generate nearly half of the world's electricity by 2026. The IEA also anticipates a slow decline in coal usage, with electricity from coal decreasing by 1.7% annually through 2026.
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