IN THIS WEEK’S ISSUE

In 2023, 30 percent of global electricity came from renewable sources

Patrick D Costa

Day by day the rate of electricity generation from renewable sources is increasing worldwide.

Day by day the rate of electricity generation from renewable sources is increasing worldwide. In 2023, 30.3 percent of the world’s total electricity generation will come from solar and wind power projects.

UK-based think tank company Amber said this information in a report. Amber also referred to this amount of electricity production as a ‘record’.

Incidentally, as a result of burning fossil fuels like coal, fuel oil, various greenhouse gases including carbon dioxide are constantly released into the air, which are responsible for climate change and warming. Due to this reason, much importance is being given to curbing the use of fossil fuels around the world.

The United Nations Environment Conference COP 28 was held in Dubai last year. More than 100 member states have agreed to triple electricity production from renewable sources by 2030.

In the report published on Thursday, Amber said that the rate of electricity generation from renewable sources increased in 2023 compared to the previous year in 2022. In 2022, 29.4 percent of the world’s total electricity generation came from various renewable sources.

China is the leader in generating electricity from renewable sources such as solar and wind power. In 2023, China generated 23.2 percent of the world’s total electricity generated from solar projects and 9.8 percent of the total electricity generated from wind projects.

If the current pace of expansion of renewable energy projects in various countries continues, AMBER expects the world’s reliance on fossil fuels to decrease by at least 2 percent by the end of 2024.

Friday’s report said in this context, ‘It is very hopeful that people are now realizing that the era of global use of fossil fuels for power generation is coming to an end. One day people will rely entirely on renewable sources for electricity and that day is not far off.’

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