Renewable energy reached 32% of global electricity in 2024, outpacing fossil fuels.

From Yahoo Finance: 2025-04-08 10:53:00

Renewable energy accounted for a record 32% of global electricity in 2024, up from 30% in 2023. The increase was driven by wind, solar, and hydroelectric power, highlighting the global shift towards sustainable energy. Electricity demand rose by 4% due to heatwaves and tech advancements like AI and electric vehicles, with renewables poised for further growth.

Concerns over energy security, exacerbated by trade disputes, could boost demand for renewable energy in 2025. Despite uncertainties in global economy and fears of recession, renewable energy outpaced fossil fuels in 2024. Gas power plants contributed 22%, coal 34%, and nuclear 9% of global electricity, with renewables leading the charge.

In response to heatwaves and tech advancements, global electricity consumption grew by 4% in 2024, with renewables playing a key role in meeting the demand. The continued expansion of renewable energy sources signals a shift towards sustainable energy solutions and away from traditional fossil fuels.



Read more at Yahoo Finance: Renewable energy hits 32% of global electricity in 2024, states Ember report