LONDON (Reuters) - Energy produced by wind, solar and other renewable sources will grow by fourfold by 2030, but the clean-energy sector will account for only a small fraction of total output, a BP report said on Wednesday.
Renewable energy, excluding hydropower, will total 860 million metric tons of oil equivalent (Mtoe) by 2030, accounting for around 5 percent of the world's total energy production of 16,605 Mtoe.
In 2010, renewable energy production totaled nearly 159 Mtoe or just over 1 percent of the global total, data from BP's Energy Outlook 2030 showed.