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Energy Mix

Solar and wind energy grew quickly enough in 2023 to push renewables up to 30% of global electricity supply and begin pushing fossil fuels off the power grid, the Ember climate consultancy concludes in a report released May 8.

The report projects that fossil-fuelled electricity generation will decline 2% next year, because while demand is expected to grow rapidly, renewables will grow even faster.

“With record construction of solar and wind in 2023, a new era of falling fossil generation is imminent,” the London, UK-based think tank writes. Renewable energy growth is “breaking records and driving ever-cleaner electricity production,” bringing the world to “a turning point where solar and wind not only slow emissions growth, but actually start to push fossil generation into decline.”