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Renewables penectration increases across all regions

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Renewables penetration increases across all regions

  • Globally, wind and solar’s share of delivered electricity grows significantly from about 5 percent in 2016 to about 17 percent in 2040
  • Wind and solar see strong growth in North America and Europe, and provide more than 20 percent of delivered electricity in 2040
  • Renewables growth in Asia Pacific supports local air quality and energy diversity goals
  • The Middle East and Africa see growth in solar due to reduced costs and favorable solar resource
  • While capacity utilization improves over time, intermittency still limits worldwide wind and solar utilization to about 30 percent and 20 percent respectively in 2040
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