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1h ago

Renewables Top Coal in Global Power for First Time as IEA Cuts 2030 Build-Out Forecast

An IEA downgrade links slower capacity growth to policy shifts, pointing to uneven momentum with choppier power markets.

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Der deutsche Strompreis wird in den kommenden Jahrzehnten starken Schwankungen unterworfen sein, heißt es in einer Analyse (Symbolbild)

Overview

  • Ember reports renewables supplied 5,072 TWh, or 34.3% of global electricity in the first half of 2025, edging coal at 4,896 TWh and 33.1%.
  • Growth in solar generation of 306 TWh and wind of 97 TWh more than covered a 369 TWh rise in demand, while coal, gas and oil output slipped slightly and hydropower fell.
  • China drove 55% of global solar growth with further gains in India, while the United States and the European Union relied more on fossil generation due to stronger demand and weaker wind and hydro.
  • The IEA now expects about 4,600 GW of additional renewable capacity by 2030, down from 5,500 GW projected last year, citing U.S. rollbacks of incentives and China’s move from fixed tariffs to auctions, even as India and parts of MENA and Europe trend higher.
  • A BloombergNEF analysis reported by FOCUS projects German wholesale power prices near €47/MWh by 2035 before rising toward €92/MWh by 2050 due to growing demand, a continued role for gas and limits on renewables’ effective share.