Solar, wind power hits record 10% of global electricity in 2021
POWER & RENEWABLE ENERGY

Solar, wind power hits record 10% of global electricity in 2021

Wind and solar, the fastest-growing sources of electricity, set a new high of 10% of global electricity in 2021.

Fifty countries around the world have now accomplished this milestone. In 2021, clean energy sources generated more electricity than coal, accounting for 38% of global electricity.

According to Ember's global lead, Dave Jones, the wind and sun have come. The transformation of the current energy system has begun. To reverse global emissions rises and combat climate change this decade, they must be implemented at a breakneck pace.

Ember's third annual Global Electricity Review was published, along with all of the supporting statistics. The paper and statistics cover energy generation in 209 nations from 2000 to 2020, with the most recent data for 75 countries representing 93% of global power consumption in 2021.

In 2021, 50 countries, including all five of the world's top economies, generated more than a tenth of their electricity from wind and solar, according to the analysis.

In 2021, China, Japan, Mongolia, Vietnam, Argentina, Hungary, and El Salvador became the seventh country to pass the milestone for the first time: China, Japan, Mongolia, Vietnam, Argentina, Hungary, and El Salvador. Since the Paris Agreement was signed in 2015, the global proportion of wind and solar has doubled.

The Netherlands, Australia, and Vietnam are undergoing the most rapid shift, with approximately a tenth of their electricity consumption switching from fossil fuels to wind and solar in just two years.

In 2021, ten nations, led by Denmark with 52%, generated more than a quarter of their electricity from wind and solar, indicating that significant amounts of variable renewables can be successfully integrated into the grid. After the pandemic, power consumption increased to its highest level ever in 2021 (plus 1,414 TWh), the equivalent of adding a new India to the world's electrical need.

Despite record-breaking growth in wind and solar output, they only met 29% of the global increase in electricity demand in 2021, with fossil fuels covering the remainder.

Image Source

Also read: India loses 29% of solar power potential due to air pollution

Wind and solar, the fastest-growing sources of electricity, set a new high of 10% of global electricity in 2021. Fifty countries around the world have now accomplished this milestone. In 2021, clean energy sources generated more electricity than coal, accounting for 38% of global electricity. According to Ember's global lead, Dave Jones, the wind and sun have come. The transformation of the current energy system has begun. To reverse global emissions rises and combat climate change this decade, they must be implemented at a breakneck pace. Ember's third annual Global Electricity Review was published, along with all of the supporting statistics. The paper and statistics cover energy generation in 209 nations from 2000 to 2020, with the most recent data for 75 countries representing 93% of global power consumption in 2021. In 2021, 50 countries, including all five of the world's top economies, generated more than a tenth of their electricity from wind and solar, according to the analysis. In 2021, China, Japan, Mongolia, Vietnam, Argentina, Hungary, and El Salvador became the seventh country to pass the milestone for the first time: China, Japan, Mongolia, Vietnam, Argentina, Hungary, and El Salvador. Since the Paris Agreement was signed in 2015, the global proportion of wind and solar has doubled. The Netherlands, Australia, and Vietnam are undergoing the most rapid shift, with approximately a tenth of their electricity consumption switching from fossil fuels to wind and solar in just two years. In 2021, ten nations, led by Denmark with 52%, generated more than a quarter of their electricity from wind and solar, indicating that significant amounts of variable renewables can be successfully integrated into the grid. After the pandemic, power consumption increased to its highest level ever in 2021 (plus 1,414 TWh), the equivalent of adding a new India to the world's electrical need. Despite record-breaking growth in wind and solar output, they only met 29% of the global increase in electricity demand in 2021, with fossil fuels covering the remainder. Image Source Also read: India loses 29% of solar power potential due to air pollution

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement