Page 66 - Nigeriaone mag 3 edition en
P. 66

Hydropower,  which  is  presented  as  a  separate
             category,  is  growing  overall  at  a  much  slower  rate
             than  modern  renewables  such  as  solar.  Global
             hydropower consumption in 2021 was 40.3 exajoules,
             which is still more than wind and solar. However, the
             10-year average annual growth rate of hydropower is
             much lower, at only 1.5%.
             Globally,  hydropower  accounted  for  6.8%  of  global
             primary  energy  consumption  in  2021,  just  slightly
             more  than  the  6.7%  of  renewables  like  wind  and
             solar. But wind and solar power will finally overtake
             hydropower in global consumption this year.
             Wind  (49.0%)  and  solar  (27.2%)  are  the  most
             consumed  energies  within  the  renewables  category.
             Although wind power consumption maintains a good
             lead  over  solar  power  consumption,  the  ten-year
             growth rate of solar power consumption continues to
             be more than twice the growth rate of wind power as
             more investments are being made and countries are
             considering this energy source.


























                                                                 Shanghai in China, China is the first consumer of renewable energy

                                                               There is no surprise that China is the world's largest
                                                               consumer of renewable energy. Its growth rate over
                                                               the past decade also far exceeds all other members
                                                               of  the  Top  10.  In  total,  the  top  10  consumers
                                                               accounted for almost 80 percent of global renewable
                                                               energy consumption in 2021.
                                                               However, the challenge faced by the World remains
                                                               the increased global energy demand to 31.3 exajoules
                                                               in 2021. The yearly average of 5 exajoules increase in
                                                               renewable energy consumption, represents only one
                                                               sixth of the global energy demand. Thus, it will take
                                                               more than a decade before renewable energy growth
                                                               can match global energy demand growth.
                                           Parc éolien, Pays Bas

             Energetic transition                                                                         66
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