February 2023
Renewable energy will become the world’s top source of electricity within three years, new data reveals.
According to the International Energy Agency Electricity Market Report 2023, 90% of new demand between now and 2025 will be covered by clean energy sources like wind and solar, along with nuclear energy.
This growth in output means that renewables will become the world’s largest electricity source within three years – providing 35% of the world’s electricity and overtaking coal.
"The world’s growing demand for electricity is set to accelerate, adding more than double Japan’s current electricity consumption over the next three years. The good news is that renewables and nuclear power are growing quickly enough to meet almost all this additional appetite, suggesting we are close to a tipping point for power sector emissions."
— IEA Executive Director, Fatih Birol
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