Charts of the day: Global generation fuel trends

Your analyst has been stuck in the dark ages. In this note I try to take analysis online and let you, my dear audience, interact. The chosen data set is the International Energy Agency (IEA) electricity data set.

This shows electricity production, by country and fuel. It’s updated monthly, but with about a three-month lag so that the latest data is for May, 2024. Also, like the vast majority of data sets other than Australia, it doesn’t do a good job of capturing behind the meter generation.

In most places that doesn’t matter that much, but it does matter in China and probably in California. Laurie Mylliverta, arguably provides the most useful publicly available English discussion of China with his July report at Laurie at Carbon Brief.

Still, using the IEA’s dataset provides, IMHO, a reasonable view of global progress.

As much as I would like to show the trends here in this document the technology is still not quite there and so we have to head off to the ITK website. There you can select the country and the fuel and see the 12 month moving average trends of generation by fuel in a graph.

A 12 month moving trend has been used to remove seasonal impacts. That comes at the cost of a six-month lag, as compared to using, say, a weighted trend. Here is a sample for Australia.

And also, from the same data set, we can see which countries are using, for example, gas, for electricity generation. There’s a menu to choose your fuel and the data is for the 12 months ended May ’24.

It’s on the front page of the website for now and I’ll try to update it every month. Eventually it may go off to a page somewhere else on the site. Because it’s on the front page a number of compromises had to be made and so it looks better on a bigger screen.

David Leitch is a regular contributor to Renew Economy and co-host of the weekly Energy Insiders Podcast. He is principal at ITK, specialising in analysis of electricity, gas and decarbonisation drawn from 33 years experience in stockbroking research & analysis for UBS, JPMorgan and predecessor firms.

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