Global gas-fired power generation rises slightly by 0.8% in 2023

The US largely drove the gas generation, followed by China and Iran.

Power generation through gas firing slightly rose by 0.8% year-on-year or by 53 terawatt-hours (TWh) in 2023, marking one of the lowest growth within the century.

In the Global Electricity Review 2024 report, energy think tank Ember, US led the gas-fired generation as it increased by 115 TWh, followed by China with a 25 TWh growth, and Iran with 14 TWh.

In other big markets, Ember found that gas-fired power generation is declining, led by Japan which saw the largest fall of 27 TWh.

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It is followed by the UK which dipped by 24 TWh due to high gas prices and a decline in power demand.

“While generation increased, the gas share fell slightly by 0.3 percentage points, from 22.8% in 2022 to 22.5% in 2023 due to overall electricity demand rising at a faster rate,” Ember said.