Power Sector News Roundup for November 8, 2024

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Global: European clean energy stocks fall amid Trump’s victory and policy concerns Global energy efficiency improvements lag behind COP28 targets: IEA Nigeria calls for bids to develop 4 GW gas-fired power plants Ireland’s EirGrid awards contracts for renewables integration technologies RWE chooses Thyborøn Port to build Denmark’s largest offshore wind farm EDF in talks to source nuclear power for 1 GW data centre projects in France Ireland releases geophysical data ahead of 900 MW offshore…

In 2023, total global renewable energy capacity reached 3,864,522 MW, up from 1,698,295 MW in 2014, a more than twofold increase.
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Global Renewable Energy Statistics

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Renewable Energy Capacity and Production (On-Grid and Off-Grid) In 2023, total global renewable energy capacity reached 3,864,522 MW, up from 1,698,295 MW in 2014, a more than twofold increase. Africa has also experienced growth, with a capacity of 62,066 MW in 2023, up from 32,511 MW in 2014. Countries like Angola, Ethiopia, and South Africa have led this surge, each achieving notable renewable capacity expansions. Angola, for example, expanded from 1,020 MW in 2014 to…