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Global Electricity Generation

All articles tagged with #global electricity generation

energy-and-environment2 years ago•2 min saved

Global Renewable Energy Capacity Surges, On Track to Triple by 2030

The International Energy Agency reported that global renewable energy capacity grew by 50% in 2023, with solar power accounting for three-quarters of the new capacity. This growth puts the world on track to meet the pledge to triple renewable energy capacity by 2030, potentially reducing reliance on fossil fuels. Record growth rates across various countries are expected to lead to renewables overtaking coal as the largest source of global electricity generation by early 2025. However, challenges remain in financing and deploying renewables in emerging and developing economies to meet the tripling goal.

via The Guardian|

#climate-targets #energy-and-environment #global-electricity-generation

energy-transition2 years ago•3 min saved

Clean energy sources break records, powering a greener future.

Wind and solar power generated a record amount of global electricity in 2022, pushing worldwide electricity generation to its cleanest-ever level, according to a report by independent climate think tank Ember. Solar was the fastest-growing source of electricity for the 18th consecutive year, rising by 24% YoY, while wind generation added 17% in 2022. Despite this progress, coal remained the single largest source of electricity worldwide last year, producing 36% of global power. Researchers said that much more needs to be done to ensure that developing countries are not left behind and locked into high carbon futures.

via CNBC|

#clean-energy #energy-transition #fossil-fuels