Global renewable energy consumption 2000-2023
Global consumption of renewable energy has increased significantly over the last two decades. Consumption levels nearly reached 90.23 exajoules in 2023. Despite its rapid growth, renewable energy consumption still remains far below that of coal, natural gas, oil and other energy technologies. About half of the final renewable energy consumption worldwide is derived from modern bioenergy sources, however, solar photovoltaics has dominated capacity growth in recent years.
Renewable future
The growth of renewable energy has been largely due to reduction in technology costs. However, in order to reach a secure, sustainable, and economically feasible energy system, global governments must implement policies to encourage and support renewable energy sources. Investment into renewables and a market design to reliably integrate renewables into modern infrastructure is necessary for successful implementation. Using clean energy technologies along with energy efficiency solutions will be key to reducing global greenhouse gas emissions through technological means.
