Renewable energy to be the main source of electricity generation by 2025

According to the Electricity Market Report 2023 of the International Energy Agency, nuclear power coupled with clean energy sources, like wind and solar, will supply 90% of the additional electricity demand between now and 2025.

With the increase of clean energy sources in output, renewable energy sources will surpass coal in the next three years to become the primary source of electricity worldwide, producing 35% of it.

‘The world’s growing demand for electricity is set to accelerate, adding more than double Japan’s current electricity consumption over the next three years’, said International Energy Agency (IEA) Executive Director, Fatih Birol.

Read about the history and future of renewable energy

Fuel is the first source of electricity in the world, as it generates 39% of electricity, while 29% comes from renewable sources, 23% from gas, and 9% from nuclear. Over the coming few years, this balance is expected to change.

Between now and 2025, the power demand is expected to increase by 9%. The rise will be dominated by nuclear and renewable energy. Renewable energy sources are expected to meet 35% of the world's electricity needs by 2025. On the other hand, coal will contribute 33%. Nuclear energy will supply 10% of the entire energy requirement, while gas will supply 21%.

Government commitment and investment are needed to switch to renewable energy sources and reduce carbon emissions.

DGB Group is taking part in the commitment to reducing carbon emissions. You can be part of this commitment too by using our carbon footprint calculator to better understand your environmental impact and identifying areas where you or your business can make changes to reduce your carbon footprint.

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