Global Clean Power Surges Past 40%, but Challenges Remain
In 2024, renewables and nuclear surpassed 40% of global power generation for the first time since the 1940s, driven largely by a record increase in renewable energy additions, particularly solar power. Solar energy doubled in three years, becoming the fastest-growing and largest source of new electricity, while fossil fuel generation saw a small increase primarily due to heatwaves increasing cooling demands. Despite this, clean energy growth is projected to outpace demand growth in the coming years, signaling a potential decline in fossil fuel reliance. This transition is significantly influenced by China and India’s substantial investments in renewable energy sources.
John Q. Hosedrinker