Renewable capacity additions vs Electricity demand growth

In 2024, renewable capacity additions worldwide was 5,500 gigawatts (forecast); electricity demand growth was 4.4%.

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The series

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Global, spaced by time in 2024 . Different units, drawn on separate scales and clipped to the years both series publish — earlier history stays on each indicator's own page. Read the values, not the heights.

Renewable capacity additions

Unit: gigawatts · 1 observation

Line chart

Forecast: dashed line, hollow markers, shaded band

Renewable capacity additionsRenewable capacity additions. 1 observations from 2024–2030 to 2024–2030, ranging from 5,500 gigawatts to 5,500 gigawatts, of which 1 are forecasts. gigawatts 0 1,000 2,000 3,000 4,000 5,000 6,000 31 Dec 2 Jan 2024 FORECAST 5,500
Renewable capacity additionsRenewable capacity additions. 1 observations from 2024–2030 to 2024–2030, ranging from 5,500 gigawatts to 5,500 gigawatts, of which 1 are forecasts. gigawatts 0 2,000 4,000 6,000 31 Dec 2 Jan 2024 FORECAST 5,500
Renewable capacity additionsRenewable capacity additions. 1 observations from 2024–2030 to 2024–2030, ranging from 5,500 gigawatts to 5,500 gigawatts, of which 1 are forecasts. gigawatts 0 2,000 4,000 6,000 31 Dec 2 Jan 2024 FORECAST 5,500
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Renewable capacity additions
Period Type Value
2024–2030 Forecast 5,500 gigawatts
Source: IEA · CC BY 4.0 · Full series

Electricity demand growth

Unit: % · 1 observation

Line chart
Electricity demand growthElectricity demand growth. 1 observations from 2024 to 2024, ranging from 4.4% to 4.4%. % 0 1 2 3 4 5 31 Dec 2 Jan 2024 4.4%
Electricity demand growthElectricity demand growth. 1 observations from 2024 to 2024, ranging from 4.4% to 4.4%. % 0 1 2 3 4 5 31 Dec 2 Jan 2024 4.4%
Electricity demand growthElectricity demand growth. 1 observations from 2024 to 2024, ranging from 4.4% to 4.4%. % 0 1 2 3 4 5 31 Dec 2 Jan 2024 4.4%
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Electricity demand growth
Period Type Value
2024 Actual 4.4%
Source: IEA · CC BY 4.0 · Full series

Shared periods

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Only one period is published for both series. Comparing anything else would mean comparing different years.

Period Renewable capacity additions Electricity demand growth
2024 5,500 gigawatts 4.4%

Provenance

Where these numbers come from

Renewable capacity additions

Total annual renewable power capacity additions.

3 observations in Global · source organisations: IEA

Electricity demand growth

Year-on-year percentage change in total electricity demand.

9 observations in Global · source organisations: IEA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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