By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Tech NewsTech NewsTech News
Reading: Renewables Reach Record Levels: Powering More than a Third of the Globe
Share
Notification Show More
Font ResizerAa
Tech NewsTech News
Font ResizerAa
Follow US
© 2024 TECH.Forum | Technology News . All Rights Reserved.
Tech News > Blog > Sustainability > Renewables > Renewables Reach Record Levels: Powering More than a Third of the Globe
RenewablesSustainability

Renewables Reach Record Levels: Powering More than a Third of the Globe

Elina Norberg
Last updated: May 14, 2024 7:41 am
Elina Norberg 1 year ago
Share
Renewable energies sets a record high
SHARE

Introduction
A recent report by the energy think tank Ember has highlighted a significant milestone in global energy trends: more than 30% of the world’s electricity is now generated by renewable sources. This achievement is particularly notable in the European Union, which surpasses the global average substantially.

Key Findings from the Ember Report

  • Global Impact: In 2023, renewable sources like wind and solar played a pivotal role in reaching over 30% of global electricity generation.
  • EU’s Leadership: The European Union is leading with 44% of its electricity derived from renewables, primarily due to rapid expansion in solar and wind energy.
  • Solar Surge: Solar energy has emerged as a top performer, doubling its energy output compared to coal and maintaining its lead as the fastest-growing energy source for the nineteenth consecutive year.

Why is the EU Outperforming?

The EU’s proactive measures, such as the European Green Deal and REPowerEU, have significantly contributed to its leading position. Early adoption and aggressive policy frameworks have set the stage for a faster transition away from fossil fuels. The geopolitical landscape, intensified by the Ukraine crisis, has further accelerated the EU’s shift to renewable energy.

Global Perspective on Fossil Fuels

Despite a setback in hydropower due to droughts in China and other regions, the report optimistically predicts a continued decline in fossil fuel usage. Notably, coal usage saw an unexpected rise due to these hydropower shortfalls, yet the overarching trend points towards a steady decrease in fossil fuel dependence.

The Road Ahead

The report underscores a crucial pivot in 2023, marking what could be the peak of emissions in the power sector. With renewable energy expected to grow further, the focus remains on sustaining this momentum through strategic policies and investments.

Conclusion

The significant rise in renewable energy usage marks a transformative era in global electricity production. With the EU setting a robust example, the stage is set for a widespread adoption of cleaner energy sources. The decline in fossil fuel power, once seen as the backbone of industrial economies, is now viewed as inevitable, paving the way for a sustainable and greener future.

You Might Also Like

Italian Companies Lead the Way in Sustainable Governance

Embracing Sustainable Wellness: Eco-Friendly Practices for a Healthier Life

Sustainable Products: New EU Rules in Action

New EU Law Promotes Sustainable Products

Power Demand Soars with Heat Waves Straining Grids

TAGGED: Record High, Renewable Energy
Share This Article
Facebook Twitter LinkedIn Email
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article OpenAI Launches New AI Model GPT-4o with Realistic Voice Capabilities
Next Article Exploring the Hydro Energy Market: A Glimpse into 2031
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

Italian Companies Lead the Way in Sustainable Governance
Sustainability
Brazil’s G20 Leadership: A Chance to Boost Public Health and Decolonise Global Health
Global & EU Policies World & Europe
Why Speeding Up Support for Article 6.2 of the Paris Agreement Matters
Global & EU Policies World & Europe
Embracing Sustainable Wellness: Eco-Friendly Practices for a Healthier Life
Sustainability

Most Viewed Posts

  • OpenAI Launches New AI Model GPT-4o with Realistic Voice Capabilities
  • EU Sets New Standards for Election Integrity: A Guide for Social Media Titans Under the Digital Services Act
  • How Secure Are Your Digital Footprints?
  • Renewables Reach Record Levels: Powering More than a Third of the Globe
  • Sustainable Practices and Goals at Largest Companies like Amazon, Google, and Apple
about us

Tech.forum News is Europe's premier source of technology related news, gathered from all over the globe on a single platform to fulfill your yearning for the latest updates on technology

Find Us on Socials

© Copyright | Tech.Forum News. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?