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Brent Crude $81.62/bbl ▲ +9.8%WTI Crude $79.20/bbl ▲ +9.3%Henry Hub Gas $2.83/MMBtu ▲ +3.7% Brent Crude $81.62/bbl ▲ +9.8%WTI Crude $79.20/bbl ▲ +9.3%Henry Hub Gas $2.83/MMBtu ▲ +3.7%
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Renewables Reach 9,836 TWh in 2024, Now a Third of Global Power

Renewables Reach 9,836 TWh in 2024, Now a Third of Global Power

⚡ AI Executive Summary

Global renewable electricity generation expanded significantly in 2024, growing faster than fossil fuel output and claiming nearly one-third of the world's power supply. Solar and wind were the primary engines of this growth, according to recent analysis. This acceleration highlights the ongoing shift toward clean energy infrastructure worldwide. For grid operators and utilities, the rapid rise of variable renewable sources presents both opportunity and operational challenge—requiring continued investment in transmission, storage, and flexible generation to maintain reliability as renewables deepen their market penetration. The pace of deployment suggests the sector is tracking toward deeper decarbonization targets, though the required acceleration of infrastructure and interconnection will test existing grid planning and regulation frameworks in most regions.

This is a brief summary of reporting originally published by Solar Quarter (India). Read the full article for the complete story:

Read the full story at Solar Quarter (India) ↗
#renewable energy#solar power#wind energy#global electricity#energy transition#power generation#grid decarbonization
Original source: Solar Quarter (India) ↗

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