Renewables Generated 40% of Global Electricity for First Time Ever in 2023 [View all]
By: Cristen Hemingway Jaynes
Published: August 28, 2024
Edited by Chris McDermott
Source: https://www.ecowatch.com/renewables-global-electricity-generation-2023.html
According to two new reports from BloombergNEF (BNEF), the global clean energy transition has reached significant milestones and is poised to continue at its current pace. Last year for the first time more than 40 percent of the planets electricity was generated by zero-carbon sources 14 percent from solar and wind.
In 2023, nearly 91 percent of net power capacity additions worldwide were from solar and wind up from 83 percent in 2022 compared with six percent from fossil fuels, the lowest level ever, a press release from BNEF said.
We have seen a step-change in renewable energy compared to a few years before. Theres now no question this is the largest source of new power generation, wherever you go. said Sofia Maia, lead author of Power Transition Trends 2024.
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