Renewable Energy Generated a Record 30% of the World's Electricity in 2023

Renewable energy accounted for a record 30% share of electricity generation globally last year, driven by growth in solar and wind power, clean energy think tank Ember said in a report on Wednesday. “With record construction of solar and wind in 2023, a new era of falling fossil generation is imminent,” Ember said.

Ember, however, struck today an optimistic note about emissions falling from now on, saying that “the latest forecasts give confidence that 2024 will begin a new era of falling fossil generation, marking 2023 as the likely peak of power sector emissions.” “The renewables future has arrived. Solar in particular is accelerating faster than anyone thought possible,” said Dave Jones, Global Insights Programme Director at Ember. “The decline of power sector emissions is now inevitable.

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