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EN
A Fool and Our Money are Soon Parted
["Peter O'Brien", 'Regular Contributor', 'Young Bill', 'The Seer', 'Peter Marriott', 'Peter Obrien']
Quadrant
This indicates that fossil fuels continue to dominate the global energy mix, though their proportion is slowly decreasing as wind and solar power generation reaches new records.
Renewables: Hydro: The largest contributor to low-carbon electricity, providing about 14% of global electricity generation in 2023.
Wind and Solar: Together, wind and solar generated over 13% of global electricity in 2023 and are growing rapidly.
Bioenergy: Contributed about 2.4% of global electricity generation in 2023.
Nuclear: Generated 9.1% of global electricity in 2023.
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