Where Data Tells the Story
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Our forecast period out to 2026 is characterised by three turning points with regard to low-carbon electricity sources. First, renewables are expected to generate more than one-third of world’s electricity in 2025, overtaking coal as the largest source of supply. Second, low-carbon sources – renewables and nuclear together – are expected to account for 46% of the world’s electricity generation by the end of 2026, rapidly approaching the halfway mark, up from 39% in 2023. And finally, on a global scale, low-carbon generation is set to meet all the additional demand growth towards 2026.