Eswatini Daily News

Global wind and solar reached record levels in 2022, study finds

Solar Energy has been on the rise around the world.

Solar Energy has been on the rise around the world.

By Khulile Thwala

A boom in wind and solar pushed the amount of electricity produced by renewable energy to record levels last year, according to a new analysis.

According to a study by think tank Ember, the use of coal, oil and gas to produce electricity is expected to fall in 2023. This would signify the first year to see a decline in the use of fossil fuels to generate electricity, outside of a global recession or pandemic.

The report further made findings that levels of planet-heating pollution from fossil fuel electricity generation may have already peaked.

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The findings show the world has reached the “beginning of the end of the fossil age,” the lead author of the research, Małgorzata Wiatros-Motyka, said in a statement.

“We are entering the clean power era,” she stated.

The study analysed data from 78 countries representing 93 per cent of global electricity demand, for the fourth edition of its annual Global Electricity Review.

Nearly 40 per cent of global electricity is now powered by renewables and nuclear energy, marking a new record high, according to the report.

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It was further found that wind and solar made up 12 per cent of global energy generation in 2022, up from 10 per cent the previous year.

Solar energy was the fastest-growing source of electricity in 2022 for the 18th year in a row, rising by 24 per cent compared to the previous year. Wind generation increased by 17 per cent.

Ember forecasts that in 2023, clean energy will be able to meet the total growth in electricity demand.

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