The Fort Worth Press - Renewables overtake coal but growth slows: reports

USD -
AED 3.672504
AFN 63.000368
ALL 82.776172
AMD 376.396497
ANG 1.790083
AOA 917.000367
ARS 1391.503978
AUD 1.422273
AWG 1.8025
AZN 1.70397
BAM 1.687271
BBD 2.010611
BDT 122.494932
BGN 1.709309
BHD 0.377087
BIF 2954.923867
BMD 1
BND 1.276711
BOB 6.898158
BRL 5.313404
BSD 0.998318
BTN 93.32787
BWP 13.612561
BYN 3.028771
BYR 19600
BZD 2.007764
CAD 1.37265
CDF 2275.000362
CHF 0.78844
CLF 0.023504
CLP 928.050396
CNY 6.886404
CNH 6.906095
COP 3669.412932
CRC 466.289954
CUC 1
CUP 26.5
CVE 95.125739
CZK 21.149204
DJF 177.768192
DKK 6.457504
DOP 59.25894
DZD 132.24804
EGP 51.758616
ERN 15
ETB 157.330889
EUR 0.862704
FJD 2.21445
FKP 0.75164
GBP 0.749681
GEL 2.71504
GGP 0.75164
GHS 10.882112
GIP 0.75164
GMD 73.503851
GNF 8750.377432
GTQ 7.646983
GYD 208.85994
HKD 7.83525
HNL 26.423673
HRK 6.511304
HTG 130.966657
HUF 339.680388
IDR 16956.2
ILS 3.109125
IMP 0.75164
INR 94.01055
IQD 1307.768624
IRR 1315625.000352
ISK 124.270386
JEP 0.75164
JMD 156.839063
JOD 0.70904
JPY 159.240385
KES 129.327524
KGS 87.447904
KHR 3989.129966
KMF 427.00035
KPW 899.870128
KRW 1505.310383
KWD 0.30657
KYD 0.831903
KZT 479.946513
LAK 21437.260061
LBP 89404.995039
LKR 311.417849
LRD 182.685589
LSL 16.84053
LTL 2.95274
LVL 0.60489
LYD 6.39089
MAD 9.328473
MDL 17.385153
MGA 4162.53289
MKD 53.176897
MMK 2099.940821
MNT 3585.542519
MOP 8.05806
MRU 39.961178
MUR 46.510378
MVR 15.460378
MWK 1731.096062
MXN 17.898204
MYR 3.939039
MZN 63.903729
NAD 16.84053
NGN 1356.250377
NIO 36.733814
NOK 9.569995
NPR 149.324936
NZD 1.712622
OMR 0.384504
PAB 0.998318
PEN 3.451408
PGK 4.309192
PHP 60.150375
PKR 278.721304
PLN 3.69475
PYG 6520.295044
QAR 3.65052
RON 4.401504
RSD 101.324246
RUB 82.822413
RWF 1452.529871
SAR 3.754657
SBD 8.05166
SCR 13.69771
SDG 601.000339
SEK 9.344038
SGD 1.282504
SHP 0.750259
SLE 24.575038
SLL 20969.510825
SOS 570.504249
SRD 37.487504
STD 20697.981008
STN 21.136177
SVC 8.734849
SYP 110.536894
SZL 16.845965
THB 32.908038
TJS 9.588492
TMT 3.51
TND 2.948367
TOP 2.40776
TRY 44.252504
TTD 6.773066
TWD 32.036704
TZS 2595.522581
UAH 43.73308
UGX 3773.454687
UYU 40.227753
UZS 12170.987361
VES 454.69063
VND 26312
VUV 119.352434
WST 2.727514
XAF 565.894837
XAG 0.014693
XAU 0.000222
XCD 2.70255
XCG 1.799163
XDR 0.703792
XOF 565.894837
XPF 102.885735
YER 238.603589
ZAR 17.12748
ZMK 9001.203584
ZMW 19.491869
ZWL 321.999592
  • BCE

    0.0600

    25.79

    +0.23%

  • RIO

    -2.5000

    83.15

    -3.01%

  • NGG

    -3.5400

    81.99

    -4.32%

  • CMSC

    -0.2000

    22.65

    -0.88%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BCC

    -1.5600

    68.3

    -2.28%

  • GSK

    -0.5300

    51.84

    -1.02%

  • CMSD

    -0.2420

    22.658

    -1.07%

  • BTI

    -1.3500

    57.37

    -2.35%

  • VOD

    -0.0900

    14.33

    -0.63%

  • AZN

    -5.3300

    183.6

    -2.9%

  • RELX

    -0.4600

    33.36

    -1.38%

  • RYCEF

    -1.2600

    15.34

    -8.21%

  • BP

    -1.0800

    44.78

    -2.41%

  • JRI

    -0.3900

    11.77

    -3.31%

Renewables overtake coal but growth slows: reports
Renewables overtake coal but growth slows: reports / Photo: © AFP/File

Renewables overtake coal but growth slows: reports

Solar and wind farms generated more electricity than coal for the first time on record this year, but US and Chinese policy shifts are slowing growth, putting a global 2030 target out of reach, reports said on Tuesday.

Text size:

The surge in renewable use marks a milestone in efforts to turn away from fossil fuels, which are responsible for most of the greenhouse gas emissions that are driving climate change.

Renewables' share of global electricity rose to 34.3 percent in the first half of the year, while coal fell to 33.1 percent and gas maintained its 23-percent share, according to Ember, an energy think tank.

"We are seeing the first signs of a crucial turning point," said Malgorzata Wiatros-Motyka, senior electricity analyst at Ember.

"Solar and wind are now growing fast enough to meet the world's growing appetite for electricity.

"This marks the beginning of a shift where clean power is keeping pace with demand growth," she said.

The report found that solar power generation jumped by a record 31 percent in the first six months of 2025, far outpacing wind, which grew 7.7 percent.

Coal fell by 0.6 percent while global gas generation inched down by 0.2 percent.

At the United Nations climate summit in Dubai in 2023, the world pledged for the first time to transition away from fossil fuels, with nations also setting the goal of tripling renewable energy capacity by 2030.

The International Energy Agency, however, said on Tuesday that the world would "fall short" of reaching the target.

Last year, the Paris-based IEA, which advises developed nations on energy, had forecast that the world would come close to the Dubai target with the addition of 5,500 gigawatts of renewable power.

But the IEA now sees only a 4,600-GW gain by 2030, or 2.6 times the 2022 level, due to "policy, regulatory and market changes since October 2024", it said in its latest report on renewable energy.

- 'Con job' -

The IEA revised down its forecast for the United States by almost 50 percent due to the early phase-out by President Donald Trump's administration of tax credits for renewables and tighter regulatory controls over projects.

Trump, who has pushed for more oil and gas production, called climate change "the greatest con job ever" at a UN speech last month and claimed that renewables are an expensive "joke" that "don't work".

Meanwhile, China's shift from fixed tariffs for renewable energy producers to auctions has shaken up the profitability of the projects and lowered growth expectations, the IEA said.

Nevertheless, China still accounts for most of the growth in renewable energy and is on track to attain its 2035 wind and solar power target five years ahead of schedule, it said.

While growth in China and the United States may be slowing, the IEA said there was a more positive outlook elsewhere.

- India rising -

India is on track to meet its 2030 target and "become the second-largest growth market for renewables, with capacity set to rise by 2.5 times in five years".

The IEA also raised its forecasts for the Middle East and North Africa by 25 percent.

In Europe, the forecasts for Germany, Italy, Poland and Spain were also revised higher.

Solar panels accounted for around 80 percent of the global growth in renewable energy over the past five years, the IEA estimated, following by wind, water, biomass and geothermal power.

The outlook for offshore wind power was revised lower due to policy changes in key countries, the IEA said -- particularly the United States, which has sought to halt projects already under construction.

T.Mason--TFWP