Capital Wire News
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Reading: Global Renewables Surge as U.S. Growth Slows
Share
Font ResizerAa
Capital Wire NewsCapital Wire News
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Follow US
Home » Global Renewables Surge as U.S. Growth Slows
Energy

Global Renewables Surge as U.S. Growth Slows

By
Last updated:
5 Min Read
Share
global-renewables-surge-as-u.s.-growth-slows

Global Trends Show Renewables Doubling by 2030

The world’s renewable energy sector continues to expand rapidly, even as the United States slows its pace. According to two new reports from the International Energy Agency (IEA) and Ember, global renewable electricity generation is on track to more than double by 2030. This acceleration comes despite policy pullbacks in the U.S. and China, the world’s two largest energy consumers.

The IEA’s latest forecast notes a slight reduction in overall global renewable growth expectations compared to last year. However, solar power remains the dominant driver of expansion, with photovoltaic installations continuing to set new records worldwide. “Solar PV is on course to account for some 80% of the increase in the world’s renewable capacity over the next five years,” said IEA Executive Director Fatih Birol.

U.S. Faces Policy Challenges Amid Global Momentum

In the United States, renewable energy growth has been tempered by the early phase-out of federal tax incentives and recent regulatory changes. These developments have cut the nation’s five-year growth forecast nearly in half. Despite these setbacks, renewables continue to gain ground. In 2024, solar and wind power generated 16% of total U.S. electricity, surpassing coal for the first time.

Elsewhere, the outlook is far brighter. Countries such as India, members of the European Union, and emerging economies are leading the global transition with ambitious clean-energy policies and streamlined permitting for new projects. These regions have revised their growth projections upward, counterbalancing the slowdown seen in the U.S. and China.

Renewables Surpass Coal for the First Time

In a milestone moment for the global energy transition, renewables overtook coal as the world’s largest source of electricity generation during the first half of 2025, according to Ember’s analysis. The report shows a 7.7% increase in renewable generation year over year, while coal output declined. The surge was primarily fueled by solar and wind power capacity additions.

This marks the first time in history that renewable sources have produced more electricity than coal, signaling a fundamental shift in the global energy landscape. Analysts expect this trend to strengthen through 2030 as nations race to meet climate commitments and reduce carbon emissions.

Beyond Power: Renewables Transform Transportation

The IEA projects that renewable energy use in the transportation sector will rise by 50% by 2030. This increase will be driven by the growing adoption of electric vehicles, particularly in China and Europe, as well as by the broader use of biofuels, biogases, and renewable hydrogen. Together, these technologies are expected to account for nearly half of the forecasted growth in renewable consumption over the next five years.

The expansion of renewables is not only changing how the world powers its grids but also how it fuels its cars, planes, and ships — signaling a comprehensive shift toward a low-carbon global economy.

Environmental Gains and a Greener Future

The rapid deployment of renewables, alongside nuclear power and electrification technologies, is already delivering measurable environmental benefits. In 2024, carbon dioxide emissions in advanced economies dropped to their lowest level in 50 years. The IEA estimates that clean technologies deployed since 2019 — including solar, wind, EVs, and heat pumps — are now preventing roughly 2.6 billion tons of CO₂ from entering the atmosphere each year.

Looking ahead, the agency forecasts that renewable and nuclear energy sources will meet more than 90% of the global electricity demand growth through 2030. Even as global energy consumption rises, these low-emission sources are expected to offset most of the additional demand, keeping the world on a sustainable trajectory.

The global energy transition is accelerating, led by record solar installations and expanding renewable policies in developing economies. While the United States faces short-term policy headwinds, the world as a whole continues to move decisively toward clean energy dominance. If current trends persist, renewables are set to define the next era of global power generation — cleaner, cheaper, and more resilient than ever before.

TAGGED:biofuelscarbon emissionsclean energyclimate changeelectric vehiclesEmberIEArenewable energysolar powerwind energy
Share This Article
Facebook Email Copy Link Print

HOT NEWS

gold-trades-more-like-real-estate-than-oil

Gold Trades More Like Real Estate Than Oil

Commodities
trump-administration-halts-massive-nevada-solar-project

Trump Administration Halts Massive Nevada Solar Project

Cancellation Signals Wider Crackdown on Renewable Energy The Trump administration has officially canceled a major…

new-u.s.-tariffs-may-raise-prices-for-everyday-goods

New U.S. Tariffs May Raise Prices for Everyday Goods

American consumers are bracing for rising prices as the Trump administration rolls out a sweeping…

germany-halts-military-exports-to-israel-over-gaza-war

Germany Halts Military Exports to Israel Over Gaza War

Germany has paused all military exports to Israel that could be used in Gaza, marking…

YOU MAY ALSO LIKE

Hydrogen’s Slow March Toward Reality

From Bold Ambition to Uneven Progress Hydrogen has long been heralded as a revolutionary replacement for fossil fuels, but its…

Energy

Global Energy Demand and Climate Initiatives in 2025

Gas Demand Sees Continued Growth Global gas demand rose by 78 billion cubic metres in 2024, fueled by extreme heat,…

Energy

Why Retirees Benefit from Switching to EVs

As Canadians plan for their retirement years, many are looking for ways to reduce costs, simplify daily routines, and live…

Personal Finance

China’s Clean Energy Drive Reshapes the World

A Solar Surge of Unprecedented Scale In April 2025, China installed more solar capacity in a single month than Australia…

Energy
We use our own and third-party cookies to improve our services, personalise your advertising and remember your preferences.

Links

  • About
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 Island Marketing. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?