Growth in solar and wind power pushed renewable generation to a record 30% of global electricity production in 2023, putting a global target to triple renewable capacity by 2030 within sight, a report by think tank Ember said.
Cutting fossil fuel use and emissions in the power sector is seen as vital to meeting global climate targets. More than 100 countries at the COP28 climate summit in Dubai last year agreed to triple renewable energy capacity by 2030.
More than half of the global additions in solar and wind capacity came in China last year, the report said, with total global solar generation up 23.2% and wind power up 9.8%.
Industry experts have said issues around grid connections and permits for new projects need to be solved for the target to be met.
The report predicted continued renewable growth would see fossil fuel power production fall by 2% in 2024 and push overall fossil fuel power production to less than 60% of global electricity production for the first time since at least 2000, when Ember’s data begins.
“A permanent decline in fossil fuel use in the power sector at a global level is now inevitable, leading to falling sector emissions,” the report said.
Solar One will continue to help advance the transformation of the electric grid in New York and New Jersey via our Here Comes Solar, Green Workforce and Clean Energy Communities programs.
You can read more about this (and take a look at some nifty charts) on Canary Media’s website here.