The latest International Energy Agency ‘Monthly Electricity Statistics’ report, which includes January 2022 data, shows that for total OECD membership:
- In January 2022, total net electricity production in the OECD was 1005.3 TWh, up by 6.6% compared to December 2021 and up by 3.7% compared to January 2021.
- Conventional thermal production was 556.0 TWh in January 2022, higher by 10.0% on a month-over-month basis and by 3.1% on a year-on-year basis. This monthly increase was driven by both coal and gas power, which were respectively up by 16.8% and 6.2% compared to December 2021. The share of combustible fuels in the electricity mix was 55.3%, almost 2 percentage points higher compared to December 2021.
- Total renewable electricity production was 308.6 TWh in January 2022, up by 2.8% compared to December 2021 and up by 6.6% compared to January 2021.
- Solar power registered the highest increase in percentage terms on a monthly basis (+20.6% m-o-m), while wind and hydropower remained stable (+1.6% and 1.7% m-o-m respectively). The share of renewables in the electricity mix was 30.7%, down by approximately 1 percentage point compared to the previous month.
A standout figure showed in Germany, where electricity production from nuclear power plants was 2.9 TWh in January 2022, down by 48.2% compared to December 2021 and down by 51.0% compared to January 2021. This decrease was a direct consequence of the shutdown of three nuclear plants during the month, as part of the country’s strategy to phase-out nuclear power by the end of 2022.
- The IEA’s ‘Monthly Electricity Statistics’ report is based on electricity production and trade data for all OECD Member countries and electricity production data for a selection of other economies.
