Share of renewables in global power production 2010-2023

In recent years scrutiny over the environmental impact of more traditional energy sources has seen huge growth in renewables. The share of energy from renewable sources used in global energy generation has been rising annually, reaching roughly 30 percent in 2023. 

Increasing capacity and production

As renewable shares continue to grow, so does the installed capacity. Since 2010 the cumulative renewable energy capacity has risen from 1.2 terawatts to 3.9 terawatts in 2023. Renewable electricity production has also increased significantly, rising to 7.9 petawatts hour in 2021. Despite this impressive and steady growth, the consumption of renewable energy still pales in comparison when compared to fossil fuel consumption.

Consumption on the rise

In the past two decades, global consumption of renewables has risen exponentially from just 2.6 exajoules in 2000, to over 45 exajoules in 2022. Globally, both China and the United States are the leading consumers of renewable energy, with a combined consumption of 21.7 exajoules.