The power sector is the biggest source of emissions globally, but the rapid growth of wind, solar, and nuclear generation are at last pushing power sector emissions into decline, analysts say.
Coal power likely peaked in 2023, as did power sector emissions, according to a new report from the International Energy Agency, which mirrors other recent analysis.
Globally, wind, solar, and nuclear power are growing faster than power demand. This is particularly remarkable, analysts note, because electricity demand is rising rapidly as consumers swap out fossil fuel-powered cars and heaters for electric cars and heat pumps. Electricity accounts for a growing share of energy consumed worldwide.
Read more at: Yale Environment 360
Photo Credit: IEA