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![]() Ahead of the COP28 climate summit, it aims to illustrate to policymakers, investors and other key stakeholders the state of the power sector globally through to the end of 2022. This annual report examines trends in global generation, capacity and emissions. Policy mechanisms to address today’s energy challenges will influence how the future unfolds. The rest of this decade will be decisive in determining whether the world achieves a net-zero emissions path. While the use of fossil fuels stepped up to meet demand, renewables are still making significant progress globally. As energy security concerns sparked by Russia’s invasion of Ukraine mounted last year, doubts arose regarding the feasibility of making meaningful progress on the energy transition.
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