While the world’s renewable energy capacity may not be growing fast enough to hit certain 2050 goals, 2022 was still a record-breaking year for renewable energy growth.
Renewables made up 46 percent of Germany’s power consumption, the UK set its record for wind production, and China’s solar power for electricity generation increased by 30 percent.
Going forward, 33 percent of the world’s electricity is expected to come from renewables by 2024 compared to 29 percent in 2020.Despite experts saying that the world’s renewable energy capacity is not growing fast enough to support government pledges for a green transition by 2050, several clean energy production records were broken in 2022.
Wind power continues to be one of the fastest-growing renewable energy sectors. In the U.K., the National Grid ESO stated that a record level of wind energy was produced in the last week of 2022, with 20.918GW of electricity produced in the half-hour period between 6:00 pm and 6.30 pm on 30 December 2022. This means that wind energy contributed 61.4 percent of the U.K.’s energy supply that day. The previous record was set with an output of 20.896GW on 2nd November 2022.
As well as putting many countries on track to meet renewable energy and climate pledges in the coming decades, the increase in the global green energy capacity has had a more immediate effect in Europe. As Europe faced gas shortages and sharply rising energy prices, several countries turned to renewable energy to meet demand. Between May and August last year, the EU generated 12 percent of its electricity from solar power sources, an increase of 9 percent from 2021.
While there is still a long way to go to achieve the ambitious Paris Agreement and COP27 climate pledges through the development of the world’s renewable energy capacity, several noteworthy achievements were made in 2022. Both Europe and Asia saw huge advances in their green energy development, with almost
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