Graphic charts rising global energy consumption.
ENERGY
Record renewables growth barely dents fossil fuel dominance
By Ninian Carter
June 26, 2023 - Worldwide demand rose by around 1% in 2022, with use of renewables growing but fossil fuels remaining dominant at 82% of supply.
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Last year’s energy markets were hit by turmoil after Russia invaded Ukraine, sending gas and coal prices sky-high in Europe and Asia.
Despite last year’s largest ever increase in renewables capacity – a combined 266 gigawatts – oil, gas and coal products accounted for 82% of global supplies, according to a new report by the Statistical Review of World Energy.
Scientists say the world needs to cut greenhouse gas emissions by 43% by 2030 if they want to meet international Paris Agreement goals.