Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! How much is renewable energy dominating new power capacity worldwide? That’s how much! 92.5% of new power capacity added to the grid in 2024 came from renewable energy sources. This is not even a ... [continued]
According to the IEA, in 2024 renewables accounted for 38% of new energy generation, and 32% of new electricity generation. That’s a vere big discrepancy from the 92.5% cited in this report, which refers to "renewable power capacity,"defined as:
So it seems like that number might be referring to potential, not actual (?) use. But maybe someone more familiar with these terms can weigh in here.
The 32% is the share of all not just new renewable electricity generation. The growt of clean electricity generation was 80% with most of that being wind and solar.
If those both are true, that’d mean the green energy has a really abysmal utilization factor (power generated to installed capacity ratio). I think it’d imply a utilization factor of 0.038. I thought it was closer to 0.37 for wind and 0.25 for solar. Maybe there’s a difference in what each is counting as renewable? Or how they’re continuing non renewable production capacity?
92.5x/7.5=32/67, x=0.038