IEA – Monthly Electricity Statistics
In the OECD, in June 2024 total net electricity production reached 902.8 TWh, increasing by 5.4% compared to the same period last year.
On a year-to-date basis, total net electricity production increased by 2.9% in the first two quarters of 2024.
Electricity generation from fossil fuels amounted to 422.7 TWh in June 2024, marking a decline of 0.6% compared to June 2023. OECD Europe witnessed the largest decrease for fossil fuels (-12.9% y-o-y), driven by lower generation from natural gas (-21.0% y-o-y). OECD Asia Oceania also followed a downward trend (-3.0% y-o-y), while the OECD Americas witnessed an increased electricity output from fossil fuels (+3.8% y-o-y), driven by both coal (+4.5% y-o-y) and natural gas (+3.2% y-o-y). Overall, fossil fuels accounted for 46.8% of the OECD’s electricity mix.
Electricity production from renewable sources amounted to 329.9 TWh in June 2024, increasing by 14.0% y-o-y compared to the same month last year. This growth was primarily driven by increased electricity generation from wind (+28.1% y-o-y), solar (+18.4% y-o-y) and hydro (+4.8% TWh) power. The OECD Americas witnessed the greatest increase (+17.5% y-o-y or 21.5 TWh), mainly driven by an increased output from wind (+35.8% y-o-y or 11.5 TWh) and solar (+30.0% y-o-y or 8.1 TWh). OECD Europe followed, experiencing an increase of 14.6% y-o-y, driven by wind (+26.4% or 7.4 TWh), hydro (+10.7% or 5.4 TWh) and solar (+12.9% or 4.7 TWh). Overall, electricity generated from renewable sources in the OECD increased by 8.5% y-t-d during the first two quarters of 2024 and, in June 2024, it represented 36.5% of the OECD electricity mix.
Nuclear electricity production reached 146.5 TWh in June 2024, reflecting a 6.0% increase compared to the same month last year. This growth was attributable to increased generation from nuclear across all OECD regions. Notably, France (+16.0% y-o-y or 3.6 TWh) and the United States (+5.0% y-o-y or 3.2 TWh) experienced the greatest increase. Overall, nuclear power contributed 16.2% to the OECD 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 + https://www.linkedin.com/in/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.