Despite a recovery in electricity demand in 🇪🇺, fossil generation ↘️ by 18% year-on-year for the first four months of 2024.

Meanwhile, wind and solar generation ↗️ by 14% compared to the same period last year.

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The renewables future has arrived ⚡

Wind and solar pushed renewables to a RECORD 30% of global electricity in 2023, setting the stage for a new era of falling fossil generation.

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Wind and solar generation has surged in the Netherlands from 8% in 2015 to 41% in 2023

How?
💶 Financial incentives
☀️ A net metering scheme for rooftop solar
📉 Commitment to phasing out coal

Read more in #GER24 :
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MILESTONE | In April 2024, 🌪️ and ☀️ generated more than a third of EU electricity for the first time.

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With Gerard Reid, we bring in the star of the week, Ember Dave Jones Dave Jones , to discuss the Global Electricity Review 2024, published last week.
Main take aways (thank you Nat Bullard ):
- Renewable sources (hydro, wind, solar, geothermal, biomass) are now

Brazil is an #energytransition leader ⚡

Financial support for renewables and expansion of net metering for rooftop solar are a few factors behind ​​Brazil’s success.

Read more in #GER24 :
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India became the third-largest solar power generator in 2023, providing 6% of global growth 🇮🇳

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The carbon intensity of the world’s power sector reached a record low in 2023 as the share of clean sources increased.

But carbon intensity needs to reach near-zero well ahead of 2050 to unlock the emissions cuts needed to meet the world’s climate goals.

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🇪🇺 generation from fossil fuels in April 2024 fell by 24% compared to April 2023.

🇩🇪 Germany saw the largest fall compared to last year, at 4.8 TWh (-26%), representing 32% of the total EU fall.

🇮🇹 Italy was next, with a 2.2 TWh (-24%) fall.

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Coal is seeing a steep fall in the US, but gas is rising to take its place.

Continued gas reliance and high demand leave US per capita power sector emissions at nearly THREE TIMES the global average.

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Solar generated 11% of Japan’s electricity in 2023 - that’s DOUBLE the global average 🇯🇵☀️

Wind lags behind at just 0.9% of the mix, as massive wind potential remains untapped.

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Nuclear made up 9% of the world’s electricity mix in 2023, with just three countries accounting for over half of global generation 🇺🇸🇨🇳🇫🇷

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Many sunny countries have yet to unleash the potential of solar power.

Chile shows what can be done, with 20% ☀️ electricity in 2023, up from 2% in 2015.

And even less sunny countries, like the Netherlands (17%), can benefit from solar.

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The Netherlands is one of the fastest adopters of wind and solar in the world 🇳🇱

🌪️ and ☀️ generation rose from 8% in 2015 to 41% in 2023, halving emissions intensity.

How did the Netherlands do it? Find out in #GER24 :

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Coal is on its way out in many OECD economies.

The biggest drops in 2023:
In 🇺🇸, coal fell by 19%
🇩🇪 and the 🇪🇺 by 25% each
🇯🇵 by 6%

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Hydro is the largest source of clean power globally, but can be vulnerable to unfavourable weather.

Drought conditions in the first half of the year meant that global hydro fell by a record amount in 2023.

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