04 Jul When is renewable energy production predicted to surpass dirty energy production
FAQ: Residential #3
How much power generated in the US is green, what is the goal for 100% renewable energy, and what does that mean for the solar industry?
Renewables are currently about 12% of the total energy that is produced but are on track to surpass dirty energy as the largest source of electricity in the world by 2025.
In this graph, you can see that petroleum and natural gas have become the majority of the fuel for electricity production and coal has been on the decline.
But coal demand is still expected to remain steady and possibly grow in key Asian economies, so there is no sign that coal is going to fade away quickly.
The future of coal will largely be decided in Asia. Today, China and India account for 65% of global coal demand. With Japan, Korea, Taiwan, and Southeast Asia included, that share rises to 75%.
China, which currently accounts for half of the world’s coal consumption, will be especially influential.
By 2025, the European Union and the United States will account for less than 10% of global coal demand, down from 37% in 2000.