IEA – Monthly Electricity Statistics
In the OECD, total net electricity production amounted to 819.7 TWh in April 2024, increasing by 2.9% or 23.3TWh compared to the same month last year.
Electricity production from fossil fuels totaled 341.6 TWh, down by 3.5% or 12.4 TWh compared to April 2023. This decrease was mainly driven by a sharp decline in electricity output from coal (-8.3% y-o-y), while electricity generation from natural gas only dropped by 1.0% year-on-year. Although lower electricity production from coal was observed in all OECD regions, the most significant drop was observed in OECD Europe (-21.5% y-o-y). Overall, the share of fossil fuels in the OECD electricity mix fell to 41.7%, approximately three percentage points lower than in April 2024.
Total electricity production from renewable sources grew by 11.7% y-o-y at 341.3 TWh, with positive year-on-year variations for all major renewable technologies. In particular, wind power generation increased by 19.1% y-o-y, driven by strong output in OECD Europe (+26.5% y-o-y) and in the OECD Americas (+13.0% y-o-y). Similarly, electricity generation from solar power increased by 16.1% y-o-y, with the most significant variations being registered again in the OECD Americas (+23.2% y-o-y) and in OECD Europe (+18.5% y-o-y). Hydropower production grew to a lesser extent by 6.4% y-o-y, as increased output in OECD Europe (+24.2% y-o-y) was mitigated by a significant decline in the OECD Americas (-7.7% y-o-y). Renewable sources accounted for 41.6% of total OECD electricity production in April 2024, up by around three percentage points compared to April 2023.
Nuclear electricity production remained in line with previous year’s levels at 133.1 TWh, as increased nuclear output in OECD Asia Oceania (+13.5% y-o-y) compensated for reduced generation in OECD Europe (-3.5% y-o-y) and in the OECD Americas (-1.4% y-o-y). Overall, the share of nuclear power in the OECD electricity mix was stable at 16.2%.
Highlight of the month
In In Colombia, total net electricity amounted to 7.8 TWh in April 2024, up by 13.0% compared to the same month last year. The hydro power output decreased by 40.1% y-o-y, reaching a record-low share of 39.6% in the electricity mix. This trend was caused by a drought associated with El Niño climate phenomenon, in which Colombia’s hydropower reservoirs reached near-critical levels, leading also to halted electricity exports to the neighbouring country Ecuador. This hydro output’s decline was compensated by higher electricity generation from fossil fuels (+193.8% y-o-y), which represented 55.1% of the electricity mix.
The IEA’s Monthly Electricity Statistics features electricity production and trade data for all OECD Member Countries and electricity production data for a selection of other economies. The latest dataset is available below in CSV.
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EMR Analysis
More information on IEA (International Energy Agency): https://www.iea.org + The IEA is at the heart of global dialogue on energy, providing authoritative analysis, data, policy recommendations, and real-world solutions to help countries provide secure and sustainable energy for all.
The IEA was created in 1974 to help co-ordinate a collective response to major disruptions in the supply of oil. While oil security this remains a key aspect of our work, the IEA has evolved and expanded significantly since its foundation.
Taking an all-fuels, all-technology approach, the IEA recommends policies that enhance the reliability, affordability and sustainability of energy. It examines the full spectrum issues including renewables, oil, gas and coal supply and demand, energy efficiency, clean energy technologies, electricity systems and markets, access to energy, demand-side management, and much more.
Since 2015, the IEA has opened its doors to major emerging countries to expand its global impact, and deepen cooperation in energy security, data and statistics, energy policy analysis, energy efficiency, and the growing use of clean energy technologies.
More information on Dr. Fatih Birol (Executive Director, International Energy Agency): https://www.iea.org/contributors/dr-fatih-birol
More information on OECD (Organisation for Economic Co-operation and Development): https://www.oecd.org + The OECD is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. We draw on 60 years of experience and insights to better prepare the world of tomorrow.
Together with governments, policy makers and citizens, we work on establishing evidence-based international standards and finding solutions to a range of social, economic and environmental challenges. From improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, we provide a unique forum and knowledge hub for data and analysis, exchange of experiences, best-practice sharing, and advice on public policies and international standard-setting.
EMR Additional Notes:
- Kilowatt (kW):
- A kilowatt is simply a measure of how much power an electric appliance consumes—it’s 1,000 watts to be exact. You can quickly convert watts (W) to kilowatts (kW) by diving your wattage by 1,000: 1,000W 1,000 = 1 kW.
- Megawatt (MW):
- One megawatt equals one million watts or 1,000 kilowatts, roughly enough electricity for the instantaneous demand of 750 homes at once.
- Gigawatt (GW):
- A gigawatt (GW) is a unit of power, and it is equal to one billion watts.
- According to the Department of Energy, generating one GW of power takes over three million solar panels or 310 utility-scale wind turbines
- Terawatt (TW):
- One terawatt is equal to 1,000,000,000,000 watts.
- The main use of terawatts is found in the electric power industry.
- According to the United States Energy Information Administration, America is one of the largest electricity consumers in the world using about 4,146.2 terawatt-hours.