More than 30% of world’s electricity now comes from renewables, report reveals

illuminem summarizes for you the essential news of the day. Read the full piece on Euronews or enjoy below:

🗞️ Driving the news: A recent report by the energy think tank Ember reveals that over 30% of the world’s electricity is now generated from renewable sources, with significant contributions from wind and solar energy
• The European Union leads this trend, generating 44% of its electricity from renewables

🔭 The context: This shift towards renewable energy sources represents a significant transformation in global energy dynamics, reflecting increased adoption and technological advancements in solar and wind power
• The report analyzed data from 80 countries, covering 92% of global energy demand

🌍 Why it matters for the planet: The growth in renewable energy usage is crucial for reducing global carbon emissions and combating climate change
• It also lessens the dependency on fossil fuels, which is particularly significant in the context of geopolitical tensions and environmental sustainability

⏭️ What's next: Despite challenges such as droughts affecting hydropower, the continued expansion of renewable energy is expected to lead to a decline in fossil fuel power generation
• This shift is seen as an inevitable step towards achieving lower emissions in the power sector

💬 One quote: “The renewables future has arrived,” says Dave Jones, Ember’s director of global insights

📈 One stat: 44% - The percentage of electricity generated from renewables in the European Union in 2023

Click for more news covering the latest on energy