Work

Global Progress Toward Renewable Electricity: Tracking the Role of Solar (Version 4)

Year: 2024

Type: article

Abstract: Photovoltaics (PV) represented ∼61% of newly installed global electricity generating capacity for 2023. The amount of electricity generated by nonhydro renewables (wind, solar, geothermal, and biomass) reached another record high and exceeded generation by global hydropower for the first time in history. Fractional year-to-year growth in both PV installations and PV-generated electricity continued at remarkable levels (∼35% and ∼24%, respectively), while grid scale battery storage grew even faster (∼120%). Combined fractional electricity generation from all low carbon sources (hydro, nuclear, and renewables) reached ∼39%. Following its initial publication in 2021, this annual article will continue to collect information from multiple sources and present it systematically as a reference forIEEE Journal of Photovoltaicsreaders.

Source: IEEE Journal of Photovoltaics

DOI: 10.1109/jphotov.2024.3450020

Authors: Nancy M. Haegel, Sarah R. Kurtz

Institutions: National Laboratory of the Rockies, University of California, Merced

Language: English

Topic: Renewable Energy and Sustainability

Subfield: Renewable Energy, Sustainability and the Environment

Field: Energy

Domain: Physical Sciences

SDGs: Affordable and clean energy, Climate action, Industry, innovation and infrastructure

Open Access status: hybrid

Estimated APC paid: $2,495