In a new report, Ember said that wind and solar could push the world into an era of falling fossil-fuel generation and power sector emissions as early as this year.
Full decarbonisation of the power sector is considered crucial for the world to reduce its emissions due to rising electricity demand and the ability for electrification to unlock other emission cuts throughout the economy.
Record growth in wind and solar drove the emissions intensity of the world’s electricity to its lowest-ever level in 2022, the report states.
The carbon intensity of global electricity generation fell to a record low of 436 gCO2/kWh in 2022 - the cleanest-ever electricity.
Together, all clean electricity sources, which includes others renewables and nuclear, reached 39 per cent of global electricity. Solar generation rose by 24 per cent, making it the fastest-growing electricity source for 18 years in a row, while wind generation grew by 17 per cent.
The increase in global...