Average capacity factor of renewable energy technologies worldwide 2023

Published by Lucía Fernández, Oct 18, 2024

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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Release date

September 2024

Region

Worldwide

Survey time period

2023

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Statistics on " Hydropower industry worldwide "

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Overview

5

Capacity

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Industry & market

4

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Topics

Hydropower in the UKWind energy in the UKNatural gas in the UKSolar power in the UKElectricity generation in the UK
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