Power

5.6%

Growth in global power production from 2020 to 2021

8.5%

Spike in coal generation from 2020 to 2021

75%

Wind and solar's share of 2021 capacity additions

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Capacity by technology

Global installed power-generating capacity reached a new high in 2021 of 7.9TW, nearly double the 4TW installed 15 years ago. From 2020 to 2021, capacity grew 4.8%, the biggest increase since 2015-2016. Wind and solar grew fastest.

Capacity by region

The Asia-Pacific’s power-generating capacity has nearly tripled in a decade and a half, while Europe and North America were the regions that have grown least since 2006.

Generation by technology

Total global power production jumped 5.6% in 2021 as economies rebounded from the worst of the Covid-19 pandemic. Coal led the growth with an 8.5% jump from 2020-2021, however, global solar generation reached 1,000TWh for the first time, while wind neared 2,000TWh.

Generation by region

The Asia-Pacific region led the spike in global electricity production with a 9% 2020-21 jump. Power production in Asia-Pacific markets (excluding Mainland China) is now greater than in Europe or North America & Caribbean.

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Capacity by technology
Capacity by region

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This marks the 11th anniversary of Climatescope, BNEF’s annual assessment of energy transition opportunities. The project has been expanded to include activity not just in clean power but in the decarbonization of the transportation and buildings sectors.

Climatescope 2022 print report cover

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