A New Energy Era: Wind And Solar Outpace Hydropower

Over the past decade, the global growth rate of renewable energy trounced every other energy source. During that period, modern renewables grew exponentially, at an average annual rate of 12.6%. Renewables were the only energy category that grew globally at double digits over the past decade.For perspective, in 2010 the world consumed 10.6 exajoules of renewable energy. In 2022, that reached 45.2 exajoules. The 5.

Together, wind and solar power provided 3,428 TWh of electricity in 2022. In 2010 that number was only 380 TWh. Wind and solar reached a record 14.4% share of power generation in 2022.Hydroelectricity, which the Review reports as a separate category, is growing globally at a much slower rate than modern renewables like wind and solar power. Global hydropower consumption in 2022 was 40.7 exajoules, up 0.7% from 2021.

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