European climate and energy think tank ember recently released a new report summarizing the global power generation industry in the first half of 2020. The report points out that in the first half of this year, wind and solar power generation supplied 10% of the global power demand, twice the level in 2015, setting a new record.
The novel coronavirus pneumonia affected by the first half of 2020, although global electricity demand decreased by 3%, wind power and solar power still increased by 14% over the same period. Among the 48 countries and regions counted in the report, wind and solar power generation increased from 992 TWH in 2019 to 1129 TWH in the first half of 2020.
Compared with the first half of 2019, the global coal power generation decreased by 8.3% in the first half of 2020. This is the biggest decline since 1990, after a year-on-year decrease of 3% in 2019. A major factor driving the decline in coal power generation is the decline in power demand caused by the global epidemic, but the increase in wind and solar power generation and higher market share are also the main reasons for the decline in coal power.
In the first half of 2020, China’s wind and solar power supply accounted for 9.8% of the total electricity consumption, and the wind and solar power generation increased by 10% year-on-year, lower than the global average growth rate (14%). In 2019, wind and solar power generation accounted for 8.6% of China’s power consumption (higher than 8.1% of the global level). Although coal-fired power is declining rapidly worldwide, the decline of coal-fired power in China is slower.. In the first half of 2020, China’s coal power generation decreased by about 2% year-on-year, far lower than the global decline. China’s global share of coal power generation increased from 50% in 2019 to 54% in the first half of 2020.
Although the demand for novel coronavirus pneumonia has not yet affected wind and solar power generation. However, the global epidemic has affected the installation speed of new wind and solar power generation devices in 2020; The International Energy Agency (IEA) predicts that by 2020, the new installed capacity of renewable power generation will drop by 13%, to the lowest level since 2015.
Dave Jones, senior power analyst at ember, said: “All countries around the world are committed to building more wind and photovoltaic panels to replace coal and electricity. In order to increase the global temperature limit within 1.5 degrees Celsius, the electricity generation in the next ten years will have to be reduced by 13% per year. However, despite the fact that COVID-19’s influence has curbed electricity demand overall, the electricity output of coal has dropped by 8% in the first half of this year, which shows that we still deviate from energy. Track of source transformation. We have a transformational solution that is working, but not fast enough. “