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Energy system
Electric Vehicles
Global electric car sales continue to break records as affordability improves
Despite recent economic headwinds that have put pressure on the auto sector, global sales of electric cars have continued to break records as electric models become increasingly affordable. Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%. Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020.
In 2025, sales of electric cars are expected to surpass 20 million, accounting for over…
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Energy system
Nuclear Power
…for nuclear energy.
Power generation from the global fleet of nearly 420 active nuclear reactors is set to reach a record high in 2025 as Japan restarts production, maintenance works are completed in France, and new reactors begin commercial operations in various markets, including China, Europe, India and Korea. Meanwhile, more than 60 nuclear reactors are currently under construction – representing over 70 gigawatts (GW) of capacity – and governments’ interest in nuclear power is at its highest level since the oil crisis in the 1970s, reflecting efforts to bolster energy security, accelerate clean energy transitions and meet rising demand for electricity…
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Energy system
Hydroelectricity
Hydropower is the largest source of renewable energy today, but that could change soon
Hydro is currently the third largest source of power generation worldwide after coal and natural gas. In 2024, it generated around 4 500 terawatt-hours of electricity, or 14% of the global total.
More than 150 gigawatts (GW) of new hydro capacity is set to come online by the end of the decade, mostly in emerging and developing economies. As a result, electricity generation from hydropower is expected to increase by 7% between 2025 and 2030. However, its share in global electricity generation is poised to…