Page 40 - Energize June 2022
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VIEWS AND OPINION


          Wind and solar supplied 10% of                                          other hand, are lagging behind with Saudi
                                                                                    Sunny Middle East and Africa, on the

                 global generation in 2021                                        Arabia’s electricity being less than 1% wind
                                                                                  and solar and 3% for Egypt and the UAE.
                                                                                    However, despite the good news,
                                                                                  global electricity demand rose by a record
                        by Fereidoon Sioshansi, Menlo Energy Economics
                                                                                  1414 TWh from 2020 to 2021, outstripping
                                                                                  the supply of clean power. Consequently,
          According to Ember’s third annual Global Electricity Review, wind       only 29% of the global rise in electricity

          and solar generated 10,3% of global electricity for the first time,     demand was met with wind and solar,
           making them the fastest growing sources of clean electricity.          despite a record rise in generation levels.
                                                                                    The IEA’s Net Zero by 2050 report
                                                                                  anticipates that 25% of clean electricity
                                                                                  growth will need to come from sources
             his is an increase from 9,3% in 2020,   largest economies, the US, China, Japan,   other than wind and solar, such as nuclear
             and twice the share compared to   Germany and the UK, have reached the   and hydro power. However, because these
        Twhen the Paris Climate Agreement    10% wind and solar milestone. Denmark,   provided no growth, remaining demand
        was signed in 2015. Combined, clean   Luxembourg and Uruguay get 52%, 43%   increase was met by fossil fuels, with
        electricity sources generated 38% of the   and 47% of their electricity from wind and   59% of demand rise in 2021 met by coal
        world’s electricity in 2021, 2% more than   solar, respectively.          generation.
        coal. Impressive gains over a relatively
        short period of time.


           Ember is an energy think-tank that
          uses data-driven insights to shift the
           world from coal to clean electricity.

        To meet the International Energy Agency’s
        (IEA’s) 1,5˚C pathway, however, wind and
        solar will need to provide 75% of all new
        clean electricity to supply 40% of the
        world’s electricity by 2030. Increasing
        generation from 2837 TWh in 2021 to the
        14 978 TWh needed by 2030 will require
        20% compound growth every year. In
        the last decade, wind and solar achieved   Figure 1: Share of global electricity generation by source (Ember)
        an average 20% growth per year, and
        although the growth rate has been falling,
        it rose to a 17% share in 2021.
           According to Ember, 50 countries
        have now crossed the 10% wind and
        solar milestone while the Netherlands,
        Australia and Vietnam shifted over 8% of
        their total electricity demand from fossil
        fuels to wind and solar. In the case of the
        Netherlands, the share of wind and solar
        rose from 14% to 25% in just two years,
        while the share of fossil fuels fell from 78%
        to 63%. In Australia wind and solar rose
        from 13% to 22%, while the share of fossil
        fuels fell from 79% to 70%. In Vietnam,
        the share of wind and solar rose from 3%
        to 11%, while the share of fossil fuels fell
        from 73% to 63%.
           Moreover, all five of the world’s   Figure 2: Vietnam’s solar boom reduced coal and gas generation in 2021 (Ember)



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