Electricity generation market value worldwide 2021-2031, by source
Electricity generated from fossil fuels will account for the largest market value between 2021 and 2031. The market value of renewable electricity generation is expected to remain significantly lower. Nonetheless, solar power is projected to exhibit the highest compound annual growth rate among electricity sources, at 11.6 percent between 2024 and 2031.
More information on the global electricity generation market value can be found here.