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

USD -
AED 3.672502
AFN 63.503781
ALL 82.78735
AMD 368.501999
ANG 1.790403
AOA 916.999866
ARS 1471.000053
AUD 1.44563
AWG 1.80125
AZN 1.696902
BAM 1.718856
BBD 2.018008
BDT 123.091796
BGN 1.69088
BHD 0.377005
BIF 2985
BMD 1
BND 1.297974
BOB 6.938524
BRL 5.183699
BSD 1.001973
BTN 94.864877
BWP 13.624819
BYN 2.814079
BYR 19600
BZD 2.015116
CAD 1.421615
CDF 2269.000226
CHF 0.810402
CLF 0.023222
CLP 913.970026
CNY 6.790497
CNH 6.805023
COP 3430.81
CRC 454.535468
CUC 1
CUP 26.5
CVE 97.375009
CZK 21.29365
DJF 177.719668
DKK 6.57314
DOP 58.550304
DZD 133.350047
EGP 49.7487
ERN 15
ETB 161.535521
EUR 0.879399
FJD 2.245198
FKP 0.754878
GBP 0.757465
GEL 2.644994
GGP 0.754878
GHS 11.224975
GIP 0.754878
GMD 72.493065
GNF 8774.999916
GTQ 7.644241
GYD 209.623413
HKD 7.84137
HNL 26.807458
HRK 6.627401
HTG 131.00145
HUF 312.797003
IDR 17933.15
ILS 2.98915
IMP 0.754878
INR 94.640403
IQD 1312.563167
IRR 1375050.000231
ISK 126.619757
JEP 0.754878
JMD 157.717811
JOD 0.709034
JPY 161.635502
KES 129.490111
KGS 87.450248
KHR 4009.999604
KMF 431.000471
KPW 900.00035
KRW 1539.909936
KWD 0.30901
KYD 0.834996
KZT 487.384102
LAK 22188.337654
LBP 89725.095575
LKR 335.228721
LRD 182.352683
LSL 16.522564
LTL 2.95274
LVL 0.604889
LYD 6.429642
MAD 9.377774
MDL 17.639408
MGA 4185.964758
MKD 54.219888
MMK 2099.387374
MNT 3579.000015
MOP 8.091488
MRU 39.79664
MUR 48.20961
MVR 15.459818
MWK 1737.391847
MXN 17.54115
MYR 4.141201
MZN 63.898718
NAD 16.522564
NGN 1370.85004
NIO 36.867777
NOK 9.80125
NPR 151.78296
NZD 1.766865
OMR 0.3845
PAB 1.001977
PEN 3.39166
PGK 4.394272
PHP 61.500501
PKR 278.668893
PLN 3.764551
PYG 6107.983882
QAR 3.652503
RON 4.6139
RSD 103.250224
RUB 74.500044
RWF 1469.343633
SAR 3.755291
SBD 8.065041
SCR 14.244746
SDG 600.49594
SEK 9.733403
SGD 1.29648
SHP 0.746601
SLE 24.750477
SLL 20969.503664
SOS 572.656446
SRD 37.482999
STD 20697.981008
STN 21.530796
SVC 8.767412
SYP 110.532098
SZL 16.517116
THB 33.335501
TJS 9.293141
TMT 3.51
TND 2.965857
TOP 2.40776
TRY 46.49728
TTD 6.803181
TWD 31.727978
TZS 2630.993004
UAH 44.976754
UGX 3667.442985
UYU 40.189832
UZS 12038.49365
VES 616.865275
VND 26327.5
VUV 118.758526
WST 2.756325
XAF 576.48558
XAG 0.016076
XAU 0.000245
XCD 2.70255
XCG 1.805774
XDR 0.716966
XOF 576.48558
XPF 104.811706
YER 238.650151
ZAR 16.53875
ZMK 9001.199577
ZMW 17.97425
ZWL 321.999592
  • CMSC

    -0.0500

    22.11

    -0.23%

  • RYCEF

    -0.4700

    18.16

    -2.59%

  • BCC

    -0.7400

    71.8

    -1.03%

  • RIO

    -3.7800

    95.58

    -3.95%

  • RBGPF

    0.9600

    61.3

    +1.57%

  • BTI

    1.8400

    60.74

    +3.03%

  • GSK

    1.3300

    52.07

    +2.55%

  • CMSD

    -0.1200

    21.96

    -0.55%

  • NGG

    0.6000

    81.57

    +0.74%

  • BCE

    0.3900

    23.04

    +1.69%

  • VOD

    -0.0700

    14.05

    -0.5%

  • JRI

    -0.0200

    12.63

    -0.16%

  • BP

    -0.4500

    39.33

    -1.14%

  • AZN

    4.5900

    181.02

    +2.54%

  • RELX

    0.3800

    31.21

    +1.22%

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