The latest International Energy Agency Monthly Electricity Statistics report, which includes July 2022 data, shows that the total for OECD members of net electricity production was 991.9 TWh in July 2022, up by 2.6% or 25.4 TWh compared to the same month last year.
Electricity production from renewable sources grew by +9.9% y-o-y at 299.1 TWh, confirming the positive trend observed over previous months. Both wind and solar power production increased significantly, respectively by +26.6% y-o-y and +24.0% y-o-y, while hydropower production dropped by 1.6% y-o-y, mainly because of severe drought conditions affecting several countries in the OECD Europe region.
Nuclear electricity production in total OECD fell by 8.1% at 141.9 TWh, as output in the OECD Europe region remains at historically low levels. Consequently, the share of nuclear power in the OECD electricity mix fell to only 14.3%.
Electricity production from combustible fuels increased by 2.2% y-o-y at 575.5 TWh, with higher output from natural gas power plants (+8.2% y-o-y) compensating for lower electricity generation from coal (-6.0% y-o-y). In particular, electricity production from natural gas grew in all OECD regions, driven by the OECD Americas, where the highest increase was observed (+10.0% y-o-y). Overall, the share of natural gas in the OECD electricity mix reached 33.2%.
The standout figures were produced by Brazil, where electricity production from renewable sources increased by 24.7% y-o-y at 48.5 TWh in July 2022. Electricity generation from wind power amounted to 8.4 TWh, representing a 16.6% increase compared to July 2021 and pushing the share of wind in the electricity mix to 16.1%, a record-high for the country. Solar power production also increased by 66.1% y-o-y at 1.8 TWh, reaching a 3.4% share in the electricity mix. Finally, hydropower production went back to standard levels at 31.1 TWh, up by +31.7% y-o-y, as the country recovered from last year’s extremely severe drought.
- The IEA's Monthly Electricity Statistics features electricity production and trade data for all OECD member countries and electricity production data for a selection of other economies.
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