The Energy Institute (EI) has released the 74th edition of the Statistical Review of World Energy, offering the first complete look at global energy data for 2024.

Key points:

• Wind and solar combined grew by 16%, reinforcing their role as the fastest growing areas of the energy system. China was responsible for 57% of new additions, with solar almost doubling in just two years.
• Wind and solar grew nearly nine times faster than total energy demand, and fossil fuels also grew (just over 1%) in 2024.
• The world saw a 2% annual rise in total energy demand, reaching a new high of 592 EJ.
• All-time records were reached across ALL forms of energy (coal, oil, gas, renewables, hydro and nuclear).
• At 4%, electricity demand growth continued to outpace total energy demand growth, an indicator that the age of electricity is not just emerging but is shaping a new global energy system.

Full article: Renewables soar, but fossil fuels continue to rise as global electricity demand hits record levels | Energy Institute

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