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The study also showed that countries from almost every region are moving away from fossil fuel power. The EU, Oceania, and North America have seen a significant drop in fossil fuel generation by 30%, 20%, and 15%, respectively, from their regional peaks. The EU is the leader in this regard, with only one member state not reaching the five-year mark since its peak in fossil fuel power in 2000.
The study also revealed that economies that have passed the peak in fossil fuel power for at least one year represent 50% of global demand. This indicates we are at a tipping point for fossil fuel power generation. According to Ember’s analysis, power sector emissions have barely increased by 0.2% in the first half of 2023.t conducts an extensive analysis of electricity data sourced from 78 countries, representing 93% of the world's electricity demand.
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