CEA contributed to the newly published flagship report of the REN 21 by peer reviewing and other contribution to this 2022 report.

Renewables experienced yet another year of record growth in power capacity, despite aftershocks from the pandemic and a rise in global commodity prices that upset renewable energy supply chains and delayed projects. The role of renewables in improving energy security and sovereignty by replacing fossil fuels became central to discussions, as energy prices increased sharply in late 2021 and as the Russian Federation’s invasion of Ukraine unfolded in early 2022.

Investment in renewable power and fuels rose for the fourth consecutive year, reaching USD 366 billion, and a record increase in global electricity generation led to solar and wind power providing more than 10% of the world’s electricity for the first time ever. Strong market rebounds for solar thermal and biofuels, following declines in 2020, improved the outlook for renewables in heating and transport. Strengthened political commitments and rapid growth in sales of heat pumps and electric vehicles also led to increased renewable electricity use in these sectors.

Please, read the full report in pdf here: Renewables 2022 Global Status Report.

This report was commissioned by REN21 and produced in collaboration with a global network of research partners. Financing was provided by the German Federal Ministry for Economic Cooperation and Development (BMZ), the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the UN Environment Programme. A large share of the research for this report was conducted on a voluntary basis.