Renewables, global record in 2024 - Reached 32% of total energy. Coal remains the main source
Renewable energy generation provided a record 32% of global electricity last year, according to a report by the Ember organization. Overall energy demand rose by 4%, driven by heat waves and data centers.
Energy security fears, exacerbated by a trade war being fueled by US President Donald Trump's sweeping tariffs, could further boost demand for renewable energy this year, the organization said.
The tariffs have sent energy and stock markets plummeting and fueled concerns about a global recession.
Ember explained that while it was too early to say whether the consequences of the tariffs would affect electricity demand this year, renewable energy could benefit.
"Countries are thinking about their security and energy security more than ever before and I think that means that renewables like wind and solar will become increasingly attractive," sources from the organization explained.
The growth of green energy production in the global electricity mix in 2024 beat last year's record of 30%, the report showed.
“Despite geopolitical and economic tensions, the renewables industry delivered an additional 858 TWh of generation to the system last year, more than the combined annual electricity consumption of the United Kingdom and France,” representatives of the organization said.
Increased energy consumption for artificial intelligence, data centers, electric vehicles and heat pumps contributed 0.7% of global demand growth last year.
While heat waves in 2024 increased demand for cooling by electricity, which added 0.7% or 208 terawatt hours (TWh) to the global total.
Gas-fired power plants contributed 22% of global electricity generation, reflecting little change from 2023. Coal remained the largest source of generation, providing 34% of the global share, down from 36% previously.
Nuclear energy contributed 9%, slightly down from 9.1% in 2023.
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