In Q2 2024, wind power has surpassed coal and gas to become Britain’s largest source of electricity generation, producing 83 TWh compared to 81 TWh from gas. This rise in wind generation accounts for 32% of the country’s electricity demand, marking a significant shift in energy sources. The increase in wind output, alongside a decline in gas reliance due to imports and new wind farm developments, highlights the ongoing transition towards renewable energy. Britain is poised to join a select group of countries globally that have established wind as their primary energy source.
| Signal | Change | 10y horizon | Driving force |
|---|---|---|---|
| Wind surpasses gas as electricity source | Transition from gas to wind energy | Wind becomes dominant energy in Europe | Commitment to reduce carbon emissions |
| Increased reliance on renewable energy | Shift from fossil fuels to renewables | Major reduction in fossil fuel dependency | Climate change imperatives |
| Growth in wind energy capacity | Expansion of renewable infrastructure | Widespread adoption of wind technology | Technological advancements in energy |
| Rise of energy imports for stability | From local to mixed energy sources | More diversified energy supply networks | Economic necessity for energy security |
| Continued trend in global energy shifts | Movement from fossil to clean energy | Global leaders in renewable energy emission | International policies supporting renewables |