In its Electricity Market Report 2023 published today, the agency expects significant growth in renewables over the next three years which will raise their share of the global power generation mix from 29% in 2022 to 35% in 2025, while the shares of coal-fired and gas-fired generation will drop.

Last October, the IEA said that carbon dioxide (CO2) emissions from the combustion of fossil fuels globally were expected to rise by just under 1% in 2022, a much smaller increase compared to 2021 thanks to record deployment of renewable energy sources and electric vehicles.  

Renewable Energy Surge Signals A Tipping Point For Power Sector Emissions | OilPrice.com