Table of Contents

12% of Global Electricity Now Generated by Wind and Solar

According to a study published on Wednesday, wind and solar energy will account for a record-breaking 12% of the world’s electricity production in 2022. EU nations are falling behind in the expansion of wind power.

Read More: CDA Chairman Vows to Conclude All Ongoing Projects by July

According to a survey by the independent energy think tank Ember, 39% of the world’s electricity last year came from renewable sources, including nuclear energy.

The authors predicted that this year’s fossil fuel generation will decrease by 0.3% due to a phase-down of gas power and a decrease in coal-fired power.

The Report’s Findings
Electricity is as pure as ever, with solar power up 24% from 2021 and wind up 17%. Over 60 countries today use more than 10% of their electricity from solar and wind sources.

Ember collects data for its annual global electricity review from 78 nations, which together account for 93% of the world’s electricity use.

Read More: Six Multi-Story Parking Plazas to Be Built in Islamabad

Wind and solar energy supply 22% of the electricity used in the European Union. With 9% increase from wind power, however, the EU appears to lag behind the rise of wind energy globally.

“The EU started the race to renewables early but, as the world accelerates, it cannot afford complacency,” said Sarah Brown, the Europe programme head for Ember.

Concern over decreased fossil fuel imports was raised among EU member states following Russia’s invasion of Ukraine in February of last year. A plan to raise renewable energy to 45% was presented by the European Commission, which would be a 5% increase from the previous year.

Read More: Punjab Govt to Establish Ferozepur Road As a Central Business District

The investigation revealed that, despite a global gas crisis, gas-fired power dropped by 0.2% last year as a result of high prices making the fuel more prohibitively expensive to use.

Russia’s sharp reduction in gas supplies has forced some nations, including Germany, to restart coal-fired power facilities and import liquefied natural gas. According to Ember’s study, Germany has been “a world leader” in the deployment of onshore wind while also promising to employ more renewable energy sources.

Read More: KP Government Agrees Uplift Projects Worth Rs 34 Billion

However, Germany has only added a third of the annual amount of wind power capacity it did in the four years prior in the last five years. The main factors include a lack of construction-ready land, drawn-out licencing processes, and investor concern.

To meet the EU’s goals by 2030, according to Sarah Brown of Ember, “the barriers preventing the rapid deployment of onshore wind power must be removed.”

Read More: Roshan Apni Car Scheme Agrees Families of Overseas Pakistanis to Get Cheap Rates

Please check out the Al Sadat Marketing website to find out what’s going on.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published. Required fields are marked *

ATTENTION

Experience luxury living just 20 minutes from Islamabad. With monthly installments starting at just 25,000 PKR, you can secure your dream home with No down payment and no hidden charges. Explore the perfect blend of comfort and convenience today!

Book Now