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International Energy Agency presents new data about the market share of renewable energy

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According to data recently released by the International Energy Agency (IEA), between 2013 and 2014, the world production of renewable energy grew by 2.6% representing around 1/7 of the total Primary Energy Supply (TPES) of 13,700 Mtoe.

 

Since 1990, the market share of renewable energy has been continuously growing at an average annual rate of 2.2%, higher than the 1.9% growth rate of TPES. Renewables are now the second largest source (22.3%) of global electricity generation (right after coal).

 

For solar photovoltaic and wind power, growth has been especially high at 46.2% and 24.3% respectively (OECD countries and China). Non-OECD countries consume around ¾ of all renewables, reflecting the use of solid biomass (e.g. wood) by households. Hence, nearly half of all energy in Africa is renewable, whilst it accounts for a quarter of energy used in Asia (excluding China) and Non-OECD Americas. In OECD countries, the share of renewables in total energy supply is only 9.4%. 

 

For further information on the global use of renewables, please see the relevant IEA press release at the link below.  

 

A summary of the findings is also available on the BUILD UP portal.