This graph reveals the world's sources of electricity | Boing Boing
Take a look at this informative chart that gives a quick overview of different sources of electrical energy.
Even though there are various sources of electrical energy now, coal remains the top source around the globe. In fact, it has actually grown by 1% from 2021 to 2022. This isn't surprising since it is the most inexpensive form of energy. Coal is mainly consumed by China and India which accounts for 70% of its usage. Meanwhile, the U.S. comes in third in using coal with 8.9%.
Fortunately, there's a positive development taking place with regards to the cost of renewable energy which has been decreasing every year.
Visual Capitalist reports that:
The production of electricity from renewable energy sources like wind, solar, and geothermal energy saw a remarkable surge with a growth rate of 14.7% in 2022 and contributed 14.4% of the total electricity generated. This commendable increase was primarily due to significant advancements in solar and wind technologies. On the other hand, non-renewable energy sources could barely manage to score a tiny growth rate of 0.4%.
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