 | Forum Thread | Global Energy Review at 07:48 27 Jun 2025
The Energy Institute published their annual energy review yesterday and as expected carbon emissions grew just over 1% to 40.8GtCO2e. https://www.energyinst.org/statistical-review Here are a few excerpts if you don't want to download the report; "Wind and solar continued to be the fastest-growing areas of the energy system increasing by 16% in 2024. China was responsible for 57% of new additions with solar almost doubling in just two years. Global rare earth metals mining increased by 3.2% in 2024 reaching 0.4 million tonnes. China maintained its dominance accounting for 71% of global production and 48% of worldwide reserves. China remains the world’s largest single emitter of greenhouse gases, accounting for around a third of global emissions. Along with India, it contributed 62% of the increase in global emissions last year. The US was the world’s largest oil producer, accounting for a fifth of global production in 2024. China displayed signs of oil demand peaking in 2023 registering a 1.2% drop in demand in 2024. Over the past ten years coal’s share of China’s generation fleet has fallen from 70% to 58%. In India, its share has remained fixed at around 75%. India’s demand for coal rose 4% in 2024 and now equals that of the CIS, South and Central America, North America, and Europe combined. Global natural gas demand returned to growth in 2024 rising 101 bcm (2.5%). All regions bar Africa saw gas demand rise in 2024." Emissions in the US and Europe fell during 2024 and the report goes into granular detail on each country's energy use/production. |
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