(17 December 2021) With the global energy transition gaining momentum, we've employed Knoema's public data repository to rank leading economies by their energy transition progress. Knoema’s Global Energy Transition Ranking is based on four indicators: all-electric car stock, using a dataset from the International Energy Agency; wind and solar electricity capacity data, from the International Renewable Energy Agency; and net change in CO2 emissions from fossil fuels combustion between 2010 and 2020, from Global Carbon Atlas.

Here are key findings:

  • The U.S. is leading the global energy transition. It has the world’s second-largest stock of all-electric cars and second-largest wind and solar electricity generation capacities, and it is far ahead of the rest of the world in reducing С02 emissions over the past decade: U.S. CO2 emissions from fossil fuel combustion in 2020 were 963 million metric tons of carbon lower than in 2010.
  • China, which is the leading country on the scale of adopted renewable energy technologies — stock of EVs and solar and wind electricity generation capacity — is ranked only 24th in the Global Energy Transition Ranking because of the country’s upward trend in CO2 emissions. Between 2010 and 2020, China’s CO2 emissions increased by 2,051 million metric tons of carbon.

Download our latest ENERGY Data Brief

The Energy Data Brief offers key statistics designed to help energy market watchers anticipate and respond to developments in the energy sector as well as changes in related industries and investments.

Verwandte Insights von Knoema

Which Countries Have the Most Ambitious 2030 Emissions-Reduction Targets?

Climate change is recognized as a significant issue for people's lives and economic well-being worldwide. Since greenhouse gas (GHG) emissions are associated with climate change, many countries have been making efforts to regulate and limit them. Under the 2015 Paris Agreement, countries pledged to advance climate change mitigation by committing to national GHG reduction targets. In 2015, the countries submitted their first national strategies, known as Nationally Determined Contributions or NDCs, for reducing their share of greenhouse gases by 2030. The data visualizations below...

Europe Electricity Generation Tracker: Wind Energy in Focus

(12 January 2022) To meet its goal of net zero greenhouse gas (GHG) emissions, Europe increasingly relies on wind energy. According to data from the European Network of Transmission System Operators for Electricity (ENTSO-E), in 2020 and 2021 wind energy generation accounted for an average of 16.3% of Europe's total electricity generation. Though wind energy helps to reduce GHG emissions, the supply of wind energy available depends heavily on wind speed. And in the event of unfavorable weather conditions, the loss in wind energy supply has to be compensated for by an increase in...

EU Coal Fueled Post-Covid Recovery

(20 December 2021) Europe, which aims to be the first climate-neutral continent by moving to a clean, circular economy, has increased its use of coal — the most carbon-intensive fossil fuel — to meet the growing demand for electricity. According to Eurostat monthly energy statistics, for January through September 2021 electricity generation by coal power plants saw a greater increase compared to the same period last year than electricity generation from other types of fuel. For the same period, wind and natural gas electricity generation declined because of unfavorable weather...

China's Thermal Power Demand Hit Record

(04 October 2021) China's economy has quickly recovered from the coronavirus crisis and is expected to grow between 7% and 8% in 2021 due to recovery of global trade, expansionary monetary policy, and increase in government spending. However, the rapid growth of the economy not only creates income and jobs, but can also lead to a shortage of resources. Strong economic growth in China translated into high demand for electricity, 57% of which is generated by coal power plants. In January-August 2021, China's total electricity output and thermal power* generation increased by a record...