Renewable energy accounted for 72% of all power expansion in 2019, with deployment reaching 176 gigawatts (GW), the International Renewable Energy Agency said on Monday.
IRENA’s annual Renewable Capacity Statistics report showed that solar and wind contributed 90% of the total capacity installed last year, Kallanish Energy reports.
“Renewable energy is a cost-effective source of new power that insulates power markets and consumers from volatility, supports economic stability and stimulates sustainable growth,” said IRENA director-general Francesco La Camera.
“It’s clear that many countries and regions recognize the degree to which the energy transition can deliver positive outcomes,” he added.
However, La Camera warned “more is required to put global energy on a path with sustainable development and climate mitigation – both of which offer significant economic benefits.”
Of the total power generation capacity installed last year, renewables corresponded to at least 70% in nearly all regions, with exception of Africa and the Middle East. In these regions, renewables accounted for 52% and 26% of the net additions, respectively.
According to IRENA, the share of carbon-free power generation in the global energy mix now stands at 34.7%, up from 33.3% in 2018.
Renewables additional capacity in 2019
|Marine Energy||500 MW|
Source: IRENA *values are approximate
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