The shift away from fossil fuels to various forms of renewable energy is expected to accelerate in the coming decades. Some forecasts expect renewables to account for 50 percent of the total power mix by 2030 and 85 percent by 2050.
Source: McKinsey Energy Insights Global Energy Perspective 2022
To help accelerate that shift, the European Commission has proposed large-scale installation of solar panels – also called photovoltaic (PV) panels – on the roofs of buildings, starting in 2027.