The nation that generated probably the most renewable vitality in 2024 was China, in response to the Power Institute’s (EI) 2025 statistical evaluation of world vitality, which was launched lately.
China’s renewable vitality technology final 12 months got here in at 3,398.8 terawatt hours (TH), the evaluation confirmed. This comprised 997.0 TH from wind vitality, 839.0 TH from photo voltaic vitality, 1,354.3 TH from hydro vitality, and 208.5 TH from “different renewables” the evaluation outlined.
The nation’s renewable vitality technology grew by 17.1 p.c 12 months on 12 months, the evaluation identified. China’s wind vitality technology rose 12.2 p.c, its photo voltaic vitality technology grew 43.2 p.c, its hydro vitality technology grew 10.2 p.c, and its “different renewables” vitality technology grew 4.9 p.c, 12 months on 12 months, the evaluation confirmed.
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The nation that generated the second most renewable vitality final 12 months was the U.S., with 1,068.7 TH, in response to the EI’s evaluation. This technology comprised 458.0 TH from wind vitality, 306.2 TH from photo voltaic vitality, 238.7 TH from hydro vitality, and 65.7 TH from “different renewables”, the evaluation confirmed.
U.S. renewable vitality technology grew 9.3 p.c from 2023 to 2024, the evaluation highlighted. The nation’s wind vitality technology rose by 7.4 p.c, its photo voltaic vitality technology grew 26.5 p.c, its hydro vitality technology decreased by 1.4 p.c, and its “different renewables” vitality technology dropped by 2.1 p.c, 12 months on 12 months, the evaluation outlined.
Brazil ranked third by way of renewable vitality technology in 2024, with 651.3 TH, in response to the evaluation, which confirmed that this this complete comprised 108.5 TH from wind vitality, 71.3 TH from photo voltaic vitality, 413.2 TH from hydro vitality, and 58.2 TH from “different renewables”.
Brazil’s renewable vitality technology has grown 3.1 p.c 12 months on 12 months, the evaluation confirmed. The nation’s wind vitality technology elevated by 12.9 p.c, its photo voltaic vitality technology grew 40.5 p.c, its hydro vitality technology decreased by 3.3 p.c, and its “different renewables” vitality technology rose by 0.6 p.c, 12 months on 12 months, the evaluation highlighted.
Whole world renewable vitality technology got here in at 9,868.1 TH in 2024, in response to the evaluation, which revealed that this determine marked a 9.3 p.c 12 months on 12 months progress price. Wind vitality technology elevated by 7.8 p.c, photo voltaic vitality technology rose 27.6 p.c, hydro vitality technology elevated by 4.2 p.c, and “different renewables” vitality technology rose by 2.4 p.c, 12 months on 12 months, the evaluation confirmed.
OECD nations made up 3,930.3 TH of the full world renewable vitality technology determine and non-OECD nations made up 5,937.8 TH, the evaluation revealed.
The EI’s newest statistical evaluation of world vitality identified that its renewable vitality technology figures are based mostly on gross technology and don’t account for cross-border electrical energy provide. The evaluation highlighted that the figures embody electrical energy generated from geothermal, biomass, and “different sources of renewable vitality (not already itemized)”.
In its evaluation, the EI describes itself because the skilled membership physique for the world of vitality. The EI statistical evaluation of world vitality analyzes knowledge on world vitality markets from the prior 12 months, the evaluation states, including that “it has been offering well timed, complete, and goal knowledge to the vitality group since 1952”.
The EI’s newest statistical evaluation of world vitality is the 74th version of the publication and marks the third 12 months below the custodianship of the EI, the evaluation highlighted. It was produced in collaboration with Kearney and KPMG.
On its web site, Kearney states that, since 1926, it has been a number one administration consulting agency and trusted associate to 3 quarters of the Fortune International 500 and governments around the globe. KPMG describes itself on its web site as a worldwide group of impartial providers corporations offering audit, tax and advisory providers. KPMG corporations function in 142 nations and territories with greater than 275,000 companions and workers working in member corporations around the globe, the corporate’s web site states.
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