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The Energy Institute is, as of 2023, the home of the Statistical Review of World Energy, published previously for more than 70 years by bp. The Statistical Review analyses data on world energy markets from the prior year. It has been providing timely, comprehensive and objective data to the energy community since 1952.
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The original was posted on /r/collapse by /u/Sharabi2 on 2024-06-24 12:24:13+00:00.

the takeaway: at a global level, renewables don’t seem to be keeping up with - let alone displacing - fossil fuels. That’s why the head of the Energy Institute, the industry body that now publishes this report, wrapped things up with this little bomb: “arguably, the energy transition has not even started”.

  1. Record Energy Consumption: Global energy use increased by 2%, driven by the ‘global south’, with China leading, consuming nearly a third of the total.
  2. Record Fossil Fuel Use: Fossil fuel consumption rose by 1.5%, making up 81.5% of the energy mix. Despite declines in Europe and the US, coal use surged in India and China.
  3. Record CO2 Emissions: CO2 emissions reached 40 gigatonnes, up 2%, due to higher fossil fuel use and a dirtier energy mix. Emissions in Asia grew significantly, despite declines in the US and EU.
  4. Record Renewables: Renewables rose to 15% of the energy mix, with solar and wind leading growth. However, rising energy demands are still met mainly by fossil fuels.