A decline in fossil fuel power is now ‘inevitable’, the report's authors say, Ednews informs via Euronews.
More than 30 per cent of the world’s energy is now generated using renewables and the European Union is well ahead of this global average, a new report has found.
Energy think tank Ember found that major growth in wind and solar helped push global electricity production past this milestone in 2023.
The report covers 80 countries which represent 92 per cent of the world’s energy demand and historic data from 215 other countries. Its authors say that this rapid growth has brought the world to a crucial turning point where fossil fuel generation starts to decline.
Clean power sources have already helped to slow the growth in fossil fuels by almost two-thirds in the last 10 years.
“The renewables future has arrived,” says Dave Jones, Ember’s director of global insights. “Solar in particular is accelerating faster than anyone thought possible.”
Solar was the world’s main supplier of electricity last year, providing twice as much new energy than coal. It maintained its status as the fastest-growing source of energy for the 19th year in a row.