Energy Transition

Have we reached peak fossil fuel? These charts show how 2023 could be a new era for power

More than 40% of carbon dioxide (CO2) emissions are the result of burning fossil fuels for power generation.

More than 40% of carbon dioxide (CO2) emissions are the result of burning fossil fuels for power generation. Image: Pexels/Ricky Esquivel

Ewan Thomson
Senior Writer, Forum Agenda
Share:
Our Impact
The Big Picture
Explore and monitor how Energy Transition is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Energy Transition

Listen to the article

A graphic showing wind and solar hit 12% of global power generation, as fossil fuels decline.
Energy from solar and wind hits 12% of global power generation, as fossil fuels decline. Image: Ember
Discover

What is the Forum doing to help cities to reach a net-zero carbon future?

Under the IEA’s net-zero-emissions scenario, the power generation reaches net zero in 2040.
Under the IEA’s net-zero-emissions scenario, the power generation reaches net zero in 2040. Image: Ember/IEA

Most of the transition of power generation to renewables will be led by wind and solar.
Most of the transition of power generation to renewables will be led by wind and solar. Image: Ember/IEA

A graph showing shares of electricity generation from wind and solar in different regions.
Europe started the decarbonization journey first, but Asia is catching up fast. Image: Ember
Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Energy TransitionOil and GasElectricity
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Energy Transition
See all

How can fossil fuel workers be supported in transitioning to green jobs?

Morgan R. Frank and Junghyun Lim

September 29, 2023

About Us

Events

Media

More from the Forum

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum