Global electricity demand set to rise strongly this year and next, reflecting its expanding role in energy systems around the world

2024-07-21
The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs and heat pumps, according to a new report by the IEA. At the same time, renewables continue their rapid ascent, with solar PV on course to set new records.
 
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