Renewable Energy Capacity in the Middle East Hits Record High in 2023
In a groundbreaking development, renewable energy capacity in the Middle East reached an all-time high in 2023, with an impressive addition of 5.1 gigawatts. This marks a significant 16.6 percent increase from the previous year, showcasing the region’s commitment to sustainable energy sources.
The latest data from the International Renewable Energy Agency revealed that the Middle East now boasts a total renewable energy capacity of 35.54 GW, with Saudi Arabia leading the way with 2.68 GW.
Global Green Power Capacity Surges in 2023
On a global scale, green power capacity experienced a remarkable surge in 2023, reaching a total of 3,870 GW. This represents a substantial 13.9 percent increase from the previous year, with a staggering addition of 473 GW.
The data shows that renewable sources accounted for a record-breaking 86 percent of global power additions, driven primarily by expansions in solar and wind energy sectors.
Solar Power Dominates Renewable Additions
Solar power emerged as the dominant player in renewable energy additions, contributing nearly three-quarters of the total at a record 346 GW. Additionally, wind energy saw an impressive incorporation of 116 GW, further solidifying the shift towards sustainable energy sources.
Challenges Ahead in Meeting Renewable Energy Goals
Despite the significant progress in renewable energy capacity, Francesco La Camera, director general of IRENA, emphasized that the world is still falling short of meeting the goal set at COP28. The goal aims to triple installed renewable power capacity by 2030, requiring approximately 1,050 GW additions each year for the remainder of the decade.
The uneven distribution of sustainable energy growth globally highlights the challenges ahead, with Asia leading the expansion and Africa experiencing more modest growth. By the end of 2023, renewable energy sources accounted for 43 percent of global installed power capacity.
As the world moves towards a future where renewable energy plays a crucial role in electricity generation, addressing energy planning questions and ensuring grid flexibility will be essential in maintaining the trajectory towards limiting global warming to 1.5 degrees Celsius.