A report by the climate and energy think tank Ember has said that wind and solar energy reached a record 12 per cent of global electricity generation in 2022, up from 10 per cent in 2021. Ember studied power sector data from 78 countries in its annual global electricity review, representing 93 per cent of global power demand.
The report concluded that the growth in wind and solar in 2022 met 80 per cent of the rise in global electricity demand. Ember forecasts that, assuming average growth in electricity demand and in clean power, fossil fuel generation will decline 0.3 per cent in 2023, followed by larger falls in subsequent years and more wind and solar comes online.
The International Energy Agency said that as the power sector is the leading source of CO2 emissions, it needs to become the first sector to reach net zero emissions by 2040 and this would require wind and solar reaching 41 per cent of global electricity generation by 2030.