Global electricity demand will probably grow at a faster rate over the next three year as the clean energy transition gathers speed. The report suggests that global growth in electricity demand eased to 2.2% in 2023 because of falling electricity consumption in advanced economies. Renewable energy generation is changing the electricity sector profileRecord-setting electricity generation from renewable such as solar, wind and hydro, plus nuclear power, should reduce the role of fossil fuels in creating electricity for homes and businesses. Electricity demand, emissions and pricingDecoupling global electricity demand and emissions would be significant given the energy sector’s increasing electrification. Find Electricity 2024: Analysis and forecast to 2026 on the IEA websiteFAQs – electricity demandWhat is the world’s total electricity demand?

Source: The North Africa Journal July 22, 2024 17:16 UTC