Share of renewables in global power production 2010-2024
In recent years, scrutiny over the environmental impact of more traditional energy sources has translated into a rapid growth of renewables. The share of energy from renewable sources used in electricity generation worldwide has been rising annually, reaching roughly 31.9 percent in 2024.
Increasing capacity and production
As renewable shares continue to grow, so does the installed capacity. Since 2010 the cumulative renewable energy capacity has risen from 1.2 terawatts to 4.4 terawatts in 2024. Renewable electricity production has also increased significantly, rising to 8.4 petawatt hours in 2022. Despite this impressive and steady growth, the consumption of renewable energy still pales in comparison when compared to fossil fuel energy consumption.
Consumption on the rise
In the past two decades, global consumption of renewables has risen from just 31 exajoules in 2000, to over 90 exajoules in 2023. Globally, both China and the United States are the leading consumers of renewable energy, with a combined consumption of 38 exajoules.
