IEA Report: Renewables Surpass Coal in Global Electricity Generation

For the first time, renewable energy sources—solar, wind, hydro, and biomass—are set to generate more electricity worldwide than coal, according to a new report from the International Energy Agency (IEA). The report projects that renewables will grow by over 8% this year, increasing their share of global electricity generation to 37%, thereby overtaking coal. This marks a historic shift in the energy sector. Notably, solar photovoltaic (PV) is growing the fastest and is expected to surpass wind energy this year. The IEA, originally established in response to the 1970s oil crisis to coordinate oil supplies among member countries, now highlights the accelerating transition to clean energy. The report underscores the rapid decline of coal's dominance, with renewables now leading the charge. This development carries significant implications for climate policy and the global energy market, signaling a decisive turn away from fossil fuels.