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Global renewable net capacity additions 2000-2018

In 2018, a net capacity of 177 gigawatts of renewable energy was added worldwide, a slight decrease in comparison to the capacity additions of the previous year. Net capacity additions for renewable energy reached its highest point thus far in 2017 after nearly two decades of strong growth.

Causes of stagnation

While Europe has long been a forerunner in renewable energy, overall growth is lagging in many countries. On average, the EU-28 aim to source roughly 20 percent of gross final energy consumption from renewables by 2020. Currently, 11 member states have already exceeded their targets, but many of these same countries are no longer showing significant growth year to year. In other cases, countries are far behind in their goals and have not shown substantial progress.

Where is the market growing?

Despite the recent stagnation in renewable energy capacity additions, world renewable energy consumption in total is increasing steadily. China consumed nearly a quarter of renewable energy worldwide in 2018, followed by the United States and Germany. Despite the slowing growth common in other European countries, Germany has consistently expanded its renewable capacity each year, largely through wind power installations.

Net capacity additions of renewable energy worldwide from 2000 to 2018

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Source

Release date

May 2019

Region

Worldwide

Survey time period

2000 to 2018

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Statistics on "Global renewable energy industry"

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