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

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By illuminem briefings

· 2 min read

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.

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