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Renewables Set to Eclipse Coal in Global Power Generation by 2025, IEA Forecasts

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In a landmark shift for global energy dynamics, the International Energy Agency (IEA) forecasts a decline in coal’s share of global electricity production below 33% within the next three years, down from 36% last year. 

By the onset of 2025, renewable energy sources are expected to surpass coal, marking a pivotal moment in the transition towards greener energy. The IEA’s report further anticipates that renewables, together with nuclear power, will account for nearly half of the world’s electricity generation by 2026. 

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The Spanish city of Valencia has officially been awarded the title of European Green Capital for 2024, taking over from the Estonian city of...

This transition is underpinned by an expected annual decrease in coal-powered electricity production by 1.7% between 2024 and 2026, assuming a recovery in hydroelectric power production, which hit a three-decade low average capacity of below 40% in 2023.

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