Renewable Energy Surges: Solar and Wind Outpace Global Demand, Top Coal
Global renewable energy generation has surged, with solar and wind power combined outpacing overall global demand. This growth, driven by record-breaking increases in solar generation and robust wind growth, has led to a significant milestone: renewable energies generated more power than coal for the first time ever.
In the first half of the year, global solar generation grew by a staggering 31%. This remarkable increase, coupled with a 7.7% rise in wind generation, resulted in a combined growth of over 400 terawatt hours for these renewable sources. This surge in clean energy production has not only outpaced global demand but also surpassed coal generation for the first time in history.
However, the picture is not entirely rosy. In the U.S., demand growth has outstripped the growth of clean power generation, leading to increased fossil fuel generation and emissions. This shift was largely driven by former President Donald Trump and his administration, who promoted fossil fuels through policies such as accelerating mining permits, extending coal plant lifespans, and cutting funding for climate projects. Key figures involved include Trump himself and his Energy Secretary Chris Wright, who reversed renewable energy subsidies and supported fossil fuel interests.
Meanwhile, in the EU, sluggish wind and hydropower generation contributed to higher coal and gas generation, also increasing fossil fuel generation and emissions. In contrast, India saw record solar and wind growth that outpaced demand, with fossil fuel generation also dropping. China, on the other hand, added more solar and wind than the rest of the world combined, leading to a 2% decrease in its fossil fuel generation.
Despite the mixed picture, the global trend is clear: renewable energy is growing rapidly and is now a significant player in the global power landscape. With China leading the way in renewable energy additions, and India also making significant strides, the future of global energy generation appears to be shifting towards cleaner sources. However, the U.S. and the EU must address their challenges in clean energy growth to fully harness the benefits of this renewable energy revolution.
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