Monthly Electricity Statistics

In the OECD, total net electricity production amounted to 996.1 TWh in July 2024, up 2.6% compared to July 2023.

The increase was driven by strong generation from renewable sources (+7.8% y-o-y1). In particular, solar generation surged by 20.6% year-on-year and hydropower generation increased 8.1% year-on-year. Lower hydropower production in OECD Asia-Oceania (-12.3% y-o-y), was compensated for by a significant recovery in OECD Europe (+21.4% y-o-y) and, to a lesser extent, the OECD Americas (+2.7% y-o-y). However, wind generation across the whole OECD fell 5.1% year-on-year. Increases in OECD Asia-Oceania (13.8% y-o-y) and the OECD Americas (+1.6% y-o-y) were insufficient to offset large absolute decreases in OECD Europe (-12.5% y-o-y).
The share of renewable sources in the OECD electricity mix rose 1.6 percentage points year-on-year to 32.9% in July 2024.

Electricity production from fossil fuels marginally decreased 0.8% year-on-year. OECD Europe registered the highest reduction in electricity generation from fossil fuels (-6.9% y-o-y), largely due to decreases in production from natural gas (-11.9% y-o-y). Electricity generation from fossil fuels in the OECD Americas remained flat (0.0% y-o-y), however OECD Asia-Oceania saw an increase of 1.6% year-on-year.
The share of fossil fuels in the OECD electricity mix fell 1.8 percentage points year-on-year to 51.1% in July 2024.

Electricity production from nuclear power increased by 3.6% year-on-year. OECD Europe (+9.7% y-o-y) and OECD Asia-Oceania (+3.4% y-o-y) registered increases in nuclear production, whilst the OECD Americas remained relatively stable (-0.2% y-o-y). The share of nuclear power in the OECD electricity mix remained stable compared to July 2023 at 15.6%.