Renewable Energy

The data has been sourced from the International Renewable Energy Agency (https://pxweb.irena.org/pxweb/en/IRENASTAT). The indicators on energy transition have been formulated to help users understand the progress in the adoption of renewable energy sources vis-à-vis the increasing energy requirements. Sources: International Renewable Energy Agency (IRENA) (2024), Renewable Energy Statistics 2024, https://pxweb.irena.org/pxweb/en/IRENASTAT; IMF Staff Calculations. Category: Mitigation,Transition to a Low-Carbon Economy Data series: Electricity Generation Electricity Installed Capacity Metadata: Electricity generation: The gross electricity produced by electricity plants, combined heat and power plants (CHP) and the distribution generators measured at the output terminals of generation. It includes on-grid and off-grid generation, and it also includes the electricity self-consumed in energy industries; not only the electricity fed into the grid (net electricity generation). The indicator is expressed in the Dashboard in Gigawatt hours (GWh). Electricity Installed Capacity: The maximum active power that can be supplied continuously (i.e., throughout a prolonged period in a day with the whole plant running) at the point of outlet (i.e. after taking the power supplies for the station auxiliaries and allowing for the losses in those transformers considered integral to the station). This assumes no restriction of interconnection to the network. It does not include overload capacity that can only be sustained for a short period of time (e.g., internal combustion engines momentarily running above their rated capacity). For most countries and technologies, the data on installed capacity on the Dashboard reflects the capacity installed and connected at the end of the calendar year and are expressed in Mega Watts (MW). The renewable power capacity data shown in these tables represents the maximum net generating capacity of power plants and other installations that use renewable energy sources to produce electricity. For most countries and technologies, the data reflects the capacity installed and connected at the end of the calendar year. Pumped storage is included in total capacity but excluded from total generation. The capacity data are presented in megawatts (MW) and the generation data are presented in gigawatt-hours (GWh). All the data are rounded to the nearest one MW/GWh, with figures between zero and 0.5 shown as a 0.