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Energy Market & Energy Statistics

Renewables 2023: Global Trends in Energy Demand

Aenert news. Energy Market & Energy Statistics
The Global Renewable Energy Report (GSR) from REN21 has changed this year's design and structure, dividing the report into 5 separate sections, the first of which was recently released and focuses on energy demand with special modules on buildings, industry, transportation and agriculture.
During 2022, energy prices in Europe and elsewhere rose sharply to their highest level since 2008. This was caused both by shrinking markets as a result of the COVID-19 pandemic and by the global energy crisis, which escalated further in February 2022 following Russia's invasion of Ukraine. According to the International Energy Agency's estimates, the rise in fossil fuel prices was responsible for 90% of the increase in electricity prices in 2022, and fossil gas prices were behind more than half of the increase.
The GSR-Report provides data on Total Final Energy Consumption (TFEC) by sector, indicating the share of renewable energy in 2020: in the building sector 15.5% of energy consumed is renewable, whereas in the industry – 16.8%, in agriculture – 15.5%, and in transport only 4.1% of energy used is renewable. Between 2010 and 2020 total renewable energy demand grew 4.7% per year on average, with agriculture and transport having the fastest growth rates.
In 2022, the share of renewable energy in all demand sectors showed record growth as energy consumers sought affordable and reliable sources of energy. Here are the highlights for the individual sectors:

Buildings
- About 15% of the energy consumed globally in buildings comes from modern renewables.
- Between 2010 and 2020 renewable electricity used in buildings grew from 6% to 10%. 
- Electricity covered 35% of energy needs in buildings in 2021.
- Space heating and hot water supply uses 75% of the final energy consumed in buildings.
- 2022 was a record year for heat pumps, with installations increasing a record 10% over 2021 with the most notable growth in Europe (+38%).


Stockholm Solar Buildings

Industry
- Industry had the highest share of renewables in TFEC in 2020 – 16.8%.
- 8.2% of industry TFEC was represented by modern biomass.
- Pulp & paper with 46% and food & tobacco with 32% had the highest shares of modern renewables in 2020.


Eneco Bio Golden Raand biomass plant in the Farmsum, Netherlands

Transport

- Investment in electric transport was equivalent to 80% of the total investment in renewables in 2022, with transport having the lowest penetration of renewable energy among the main end-use sectors (buildings, industry and agriculture).
- Transport is the fastest growing energy-consuming sector, at an average rate of 2% per year.
- In 2021, road transport used the majority of transport-related energy (about 78%), ahead of marine transport (11%), aviation (8%), and rail transport (3%).
- Investment in electric vehicles and charging infrastructure was up 54% in 2022 with most of that growth coming from Asia.


Polestar, Sweden

Agriculture

- The share of renewable energy used in the agriculture sector grew from 10.2% in 2010 to 15.4% in 2020.
- In 2022, about 15 countries used geothermal heating of greenhouses to grow vegetables, fruits and flowers.
- The use of biogas in agriculture doubled during the period between 2010 and 2020 and the consumption of liquid biofuels grew 9.4 times.
- In 2021, the agriculture sector employed about 27% of the total global working population. 


By the Editorial Board