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2.1 The measurement of macroeconomic performance

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Question 30

Extract A

Table 1: New renewable energy capacity additions (MW) by source in a national grid, 2023 and 2024

20232024
Solar PV86,300114,200
Onshore Wind42,40039,100
Offshore Wind16,10024,500
Biomass & Hydro13,20011,800
Total158,000189,600

Figure 1: Projected Grid Storage Battery Capacity requirements, Megawatt-hours (MWh), 2020 to 2035

YearLithium-IonFlow BatteriesSodium-SulfurTotal
20201202010150
20244508030560
2030 (estimate)1,8004002002,400
2035 (estimate)4,2001,2006006,000

Using the data in Extract A (Table 1), calculate the index of total renewable energy capacity additions in 2024 if, in the base year, total capacity additions were 145,000 MW.

Give your answer to two decimal places.

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2.1 The measurement of macroeconomic performance Questions

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  3. /2.1 The measurement of macroeconomic performance