In Short : Global electricity demand is expected to grow by 4% annually through 2027, driven by data centers, electric vehicles, and manufacturing. China and India will be major contributors to this surge. Renewable energy is set to meet most of the demand, potentially stabilizing carbon emissions from power generation, according to the International Energy […]
Global electricity demand likely to rise by 4% in 2025: IEA – EQ
In Short : The International Energy Agency (IEA) projects that global electricity demand will rise by 4% in 2025. This increase reflects the growing energy needs driven by economic development and technological advancements worldwide. In Detail : Global electricity demand is surging due to economic growth, heatwaves, and increased adoption of technologies such as EVs […]
Global electricity demand set to slow in 2022 and 2023: IEA – EQ Mag Pro
Renewable power generation is growing faster than overall demand in 2022, leading to slight decline in global power sector CO2 emissions despite rising coal use in Europe amid gas crisis The world’s electricity demand growth is slowing sharply in 2022 from its strong recovery the previous year as economic growth weakens and energy prices soar […]
