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The Generation Capacity of Renewable Energies, Such as Wind Energy and Solar Energy, Equates to Almost the Entire Increase in Global Electricity Demand in the First Half of 2022
A report in the UK from the energy think tank Ember to be published on Wednesday (5) will show that renewable energies covered all the growth in global electricity demand in the first half of 2022, preventing any growth in electricity generation from coal and gas.
The growing generation of wind and solar power covered more than 75% of the growth in global electricity demand in the first half of 2022, while hydropower covered the rest. According to the publication, this prevented a potential 4% increase in fossil fuel generation, thus avoiding US$ 40 billion in fuel costs, as well as 230 metric tons of carbon dioxide emissions.
Wind, Solar, and Hydropower Renewables – Achieved an Increase of 416 TWh, More Than the Increase in Electricity Demand.
Wind and solar energy alone had an increase of 300 TWh, equivalent to 77% of the increase in global electricity demand. The growth of wind and solar energy generation in China accounts for 92% of the growth in electricity demand; in the United States, 81%, and in India, 23%, according to Ember data.
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“The first step to ending the dominance of expensive and polluting fossil fuels is to build enough clean energy to satisfy the world’s growing appetite for electricity”, said a senior analyst at Ember.
The Growth of Wind and Solar Energy Reduces Fossil Fuel Power Generation
In China, the growth of wind and solar energy reduced fossil fuel energy by 3% – without this growth, fossil fuels would have increased by 1%. In India, fossil fuel energy grew by 9%, but without the growth of wind and solar energy, the increase would have been 12%. In the United States, it slowed the growth of fossil fuel energy from 7% to just 1%. In the EU, fossil fuel energy grew by 6%, but without the growth of wind and solar energy, the number would have increased by 16%.
Despite the cessation of fossil fuel production in the first half of 2022, coal and gas production increased in July and August. This raises the possibility that CO2 emissions from the power sector may increase in 2022, following a record high last year.
