The addition of renewable sources broke a record for the 22nd consecutive year in 2024, with more than 700 GW added worldwide, according to the report published by the IEA (International Energy Agency) this Monday (24).
Last year, clean sources ed for most of the growth in global energy supply (38%), followed by natural gas (28%), coal (15%), oil (11%) and nuclear (8%).
According to the Agency, the advance of renewables was fundamental to sustaining the 2,2% increase in global energy demand in 2024 – which grew at a rate above the average of the last decade (1,3%).
This demand was led by the electricity sector, with global consumption increasing by almost 1.100 TWh, or 4,3%, compared to 2023. This was almost double the annual average of the last decade.
According to the IEA, the increase in electrification in transport, the growth of data centers, the intensive use of air conditioning due to record temperatures and the industrial recovery help to explain these numbers.
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At the same time, demand for oil saw modest growth, of just 0,8% in 2024. “The share of oil in total energy demand fell below 30% for the first time in history, 50 years after peaking at 46%,” reports the IEA.
The report highlights that the shift is related to the growth of more than 25% in sales of electric cars globally over the past year. “What we see is a transformation underway: renewables are growing steadily, and emissions are decoupling from economic growth,” said IEA Executive Director Fatih Birol.
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