132. Ember’s Global Electricity Review 2024
Redefining Energy13 Touko 2024

132. Ember’s Global Electricity Review 2024

We bring in the star of the week, Ember’s Dave Jones, to discuss the Global Electricity Review 2024, published last week.
Main take aways (thank you Nat Bullard):
  • Renewable sources (hydro, wind, solar, geothermal, biomass) are now 30% of global electricity supply.
  • Solar generation increased 23% yoy; wind 10%.
  • Fossil fuel generation increased 0.8%.
If not for a decline in hydro production, renewables would have met almost the entirety of the global increase in electricity demand.
We are entering a new era of electricity with three great flexors acting on a complex and growing supply mix:
  1. Continued growth of wind+solar increasing global clean electron supply
  2. Variations in hydro and nuclear production
  3. Demand driven by electrification, data, and global wealth
https://ember-climate.org/insights/research/global-electricity-review-2024/


We partner with EcoSummit Berlin, the annual unique gathering for startups and investors to discuss to decarbonise our economy and save our climate. Berlin 4-5 June. If you don’t have your tickets (yet) https://ecosummit.net/

Finally Happy Anniversary to Paul Chapman and his excellent podcast HC Insider who is about to change name to HC Commodities podcast. 200th episode. Really if you are interested in Commodities markets, from Oil to Power to Metals to Ags, Trading , they are the best.

Jaksot(179)

188.  US/Petrostate vs EU/Electrostate – a joint episode with Open Circuit

188. US/Petrostate vs EU/Electrostate – a joint episode with Open Circuit

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187. Texas: Power Surge or Power Splurge? - Jul25

187. Texas: Power Surge or Power Splurge? - Jul25

Texas is an oddity in the western electricity world: fastest growing load, ultra-low prices, crazy development of renewables. Texas consumes now more power than France, despite having only half the po...

21 Heinä 202526min

186. Power under Pressure: Fortum’s CEO on Datacenters’ growth and Russian Attacks (Eurelectric)

186. Power under Pressure: Fortum’s CEO on Datacenters’ growth and Russian Attacks (Eurelectric)

Laurent had the pleasure and privilege of sitting down with Markus Rauramo, CEO of Fortum, during the Eurelectric “Power Play” conference in Brussels this June.  Fortum, the Finnish energy company als...

14 Heinä 202524min

185. Blackouts - Jul25

185. Blackouts - Jul25

What Really Happened During the Iberian Blackout This Spring? And How Should We Make Sense of the Conflicting Reports?  To shed light on the events, Gerard and Laurent are joined by global energy expe...

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184. Market dynamics and Pricing of Battery Materials - Jun25

184. Market dynamics and Pricing of Battery Materials - Jun25

Six years ago, Simon Moores, CEO of Benchmark Minerals Intelligence shook the world in a now legendary testimony in front of the US Senate. Then, Simon predicted the exponential growth of batteries an...

22 Kesä 202533min

183. Energy Security from the front line: Eastern Europe and Renewables - Jun25

183. Energy Security from the front line: Eastern Europe and Renewables - Jun25

Laurent remembers vividly his trip to Sofia Bulgaria in winter 2009 when the Russians had cut the gas for Bulgaria during a -15C winter. Russia was already playing hard ball because of (guess what) a ...

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182. Broken grids and Datacenters load growth  - Jun25

182. Broken grids and Datacenters load growth - Jun25

We have recently witnessed spectacular black outs: South Australia 2016, Texas Uri 2021, California 2020-21-25 and Iberia 2025. We are not even mentioning fragile grids in the Global South.  We will d...

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181. “Hot Air” from Tony Blair - May25

181. “Hot Air” from Tony Blair - May25

The Tony Blair Institute for Global Change (TBI) recently released a widely publicized report titled “The Climate Paradox”, which has garnered significant positive attention from outlets such as the G...

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