The world's demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and the increasing uptake of technologies that run on electricity such as EVs and heat pumps, according to a new report by the International Energy Agency (IEA).
The Global Electricity Review 2024 published on Wednedsay provides a comprehensive overview of the global power system in 2023 based on country-level data.
Renewable sources are expected to dominate the growth of the global electricity supply over the next three years as together with nuclear power they meet the vast majority of the increase in global demand.