Thursday, March 31, 2022

Hallo, renewables sceptics

 From a Twitter thread  by Asaad Razouk


Hello renewables sceptics and oil, gas and coal lobbyists and mouthpieces spreading falsehoods about renewables: Wind and solar generated over 10.3% of global electricity for the first time in 2021, twice the share compared to 2015 [4.8%] when the Paris Agreement was signed.

The momentum is strong.

50 countries crossed the 10% wind and solar landmark, with 7 new countries in 2021 alone: China, Japan, Mongolia, Vietnam, Argentina, Hungary and El Salvador.

3 countries - the Netherlands, Australia and Vietnam - shifted over 8% of their total electricity demand from fossil fuels to wind and solar in just the last 2 years

Another 3 countries generated more than 43% of their electricity from wind and solar in 2021: Denmark, Luxembourg and Uruguay achieved 52%, 43% and 47% respectively, leading the way on technology for high renewable grid integration

Combined, clean electricity sources generated 38% of the world’s electricity in 2021, more than coal (36%)

The growth in wind and solar is also up: wind generation rose by +14% in 2021 (the highest since 2017), and solar by +23% (the highest since 2018); combined, they rose by 17%

If we can carry through the 10-year average growth rate of 20% in solar and wind power deployment all the way to 2030, these will account for over 50% of total global electricity generation by the end of this decade (ceteris paribus) 

[29% of incremental growth in electricity demand was met by renewables.  The increase in electricity demand was exceptional, 5%,  as the world rebounded from the Covid Crash.  If demand growth slips to 3% this year, renewables will meet 50% of incremental demand.]

(Source: EMBER)


Source: EMBER

 

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