REN21. 2022. Renewables 2022: global status report

The Renewables 2022 Global Status Report documents the progress made in the renewable energy sector. It highlights the opportunities afforded by a renewable-based economy and society, including the ability to achieve more diversified and inclusive energy governance through localised energy generation and value chains. Countries with higher shares of renewables in their total energy consumption enjoy a greater level of energy independence and security. Renewables experienced yet another year of record growth in power capacity, despite aftershocks from the pandemic and a rise in global commodity prices that upset renewable energy supply chains and delayed projects. The role of renewables in improving energy security and sovereignty by replacing fossil fuels became central to discussions, as energy prices increased sharply in late 2021 and as the Russian Federation’s invasion of Ukraine unfolded in early 2022.