The average capacity factor of geothermal energy stood at 82 percent worldwide in 2023, making it the renewable energy technology with the highest capacity factor that year. By comparison, solar photovoltaics ranked last by reaching approximately 16 percent of its generation capacity that same year.
Average capacity factor of renewable energy worldwide in 2023, by technology
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Average capacity factor of renewable energy worldwide in 2023, by technology
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IRENA. (September 24, 2024). Average capacity factor of renewable energy worldwide in 2023, by technology [Graph]. In Statista. Retrieved April 08, 2025, from https://www.statista.com/statistics/1498992/capacity-factor-renewables-by-technology/
IRENA. "Average capacity factor of renewable energy worldwide in 2023, by technology." Chart. September 24, 2024. Statista. Accessed April 08, 2025. https://www.statista.com/statistics/1498992/capacity-factor-renewables-by-technology/
IRENA. (2024). Average capacity factor of renewable energy worldwide in 2023, by technology. Statista. Statista Inc.. Accessed: April 08, 2025. https://www.statista.com/statistics/1498992/capacity-factor-renewables-by-technology/
IRENA. "Average Capacity Factor of Renewable Energy Worldwide in 2023, by Technology." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1498992/capacity-factor-renewables-by-technology/
IRENA, Average capacity factor of renewable energy worldwide in 2023, by technology Statista, https://www.statista.com/statistics/1498992/capacity-factor-renewables-by-technology/ (last visited April 08, 2025)
Average capacity factor of renewable energy worldwide in 2023, by technology [Graph], IRENA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1498992/capacity-factor-renewables-by-technology/
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