A global report indicates that 2023 likely saw the peak of electricity generation and greenhouse gas emissions from fossil fuel-fired power plants, a significant shift as renewables now account for 30% of global electricity. Electricity from fossil fuels is projected to decline by 2% in 2024 and continue falling long-term as the renewable transition accelerates. However, without the US, global gas use for electricity would have declined in 2023, but the US significantly ramped up gas generation.
