Solar and wind powers have recorded the highest level of their share in the global renewable electricity generation market in the first six months of 2020. Their shares arrived at 9.8% of the total global electricity generation in the middle of 2020 while that was only 4.6% in 2015.
Based on an analysis that was performed for 48 countries by the climate think tank Ember on renewable electricity generation, both wind and solar energy production rose 14% in the first half of 2020 compared with the same period of 2019, while coal generation dropped down 8.3%. It is also important to note that this increase has happened despite the COVID-19 pandemic.
As a piece of evidence, China, Japan, and Brazil have increased the level of both renewable sources from 4% to 10%; the United States has risen their shares from 6% to 12%, and India’s almost tripled from 3.4% to 9.7%.
According to Ember’s analysis, a reduction in the coal generation due to its harmful emissions for the environment as well as dropping down in the electricity demand due to the COVID-19 provide an opportunity for solar and wind powers to capture a larger portion of the market share.
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