Batteries included: How storage systems enable the global energy transition
Renewables are making up a growing share of the global energy mix. This reflects the continuing commitment to decarbonising power generation by governments around the world – and, globally, the cost competitive nature of renewables that makes them a compelling option to boost energy security and affordability.
According to the International Energy Agency’s Global Energy Review 2025 , renewables and nuclear accounted for more than 40% of electricity generation in 2024, with renewables alone accounting for around a third. Moreover, new renewables and nuclear power accounted for more than 80% of the growth in electricity generation last year, a new record and significantly higher than the roughly two-thirds share of growth accounted for in both 2022 and 2023, with renewables responsible for more than three-quarters of the increase.
The figures are far higher in regions that are more advanced in their energy transition journey, with the European Union, for example, producing around three-quarters of energy from renewables and nuclear in 2024, with renewables in particular making up the largest share and more than half of all electricity production.
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