Proof Point
Global electricity installed capacity reached 6.04 terawatts in 2014, up from 4.12 terawatts 10 years ago, an annual growth of 4.3%
Global Electricity Installed Capacity
2005 – 2014 (terawatts)
Proof Point Findings
- Electricity Installed Capacity – Defined by Energy Information Administration as maximum electric output generators can produce under normal circumstances
- Installed Capacity Growth – Grew at annual pace of 4.3%, from 4.12 TW in 2005 to more than six TW in 2014
- Top Countries – Listed China (1.4 TW), U.S. (1.1 TW), Japan (313.4 TW), India (310.8 TW), and Russia (247.6 TW) as five countries with biggest installed capacity in 2014
- Growth Drivers – Attributed primarily to renewable energy installations as more governments, including developing ones, realize long-term economic benefits of shifting to sources of renewable energy (e.g. wind, solar, hydro)
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Sector |
Energy
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Date Last Updated |
March 6, 2017
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