Together with solar power, wind power accounted for a record share of 29.8 percent of total electricity production in Texas during 2024. Texas is the largest wind power producer in the USA.
Renewable energy expansion grew by 17 percent during 2024, with record installations of approximately 600 GW solar power and 125 GW wind power. Investments in renewable energy sources now outpace fossil fuels by 10 to 1, with more money in solar energy than all other power sources combined.
Ukraine's largest private energy company, DTEK, has rebuilt solar power plants in seven days after Russian attacks, compared to three to four months for thermal power plants. Decentralized power generation is much more resistant and difficult to destroy, than centralized.
Texas power grid has broken new records for electricity consumption during the summer of 2024. Solar power has met record-high demand during the day, and batteries have covered the need in the evening.
Wind and solar energy generated more electricity than coal in the USA during the first seven months of the year. In the USA, almost twice as much solar energy will be added compared to last year.
Wind and solar power generated 30% of EU's electricity during the first half of 2024. For the first time, 13 EU countries produced more electricity from wind and solar than from fossil fuels.
China's combined capacity for wind and solar power has for the first time exceeded coal. Solar energy is expected to surpass coal as China's primary energy source by 2026. China has reduced new coal power projects and is focusing on phasing out smaller coal power plants.
Record decrease in coal, gas, and CO2 emissions in 2023 resulted in the EU's cleanest electricity mix ever. Emissions from the power sector have now nearly halved (-46 percent) since their peak in 2007.