Friday, February 14, 2025

IEA: Growth in global electricity demand is set to accelerate in the coming years due to developing economies and China

More people around the world can afford air conditioning! Electrification is fast progressing! Then there are data centers.

For some odd reason, IEA fails to mention India! Very strange! What a blind spot!

How does China meet its rising, enormous demand for electricity? By constructing hundreds of coal fired power plants! The West is so stupid demanding net zero and other nonsense!

"... Most of the additional demand over the next three years will come from emerging and developing economies, which account for 85% of the demand growth. The trend is most pronounced in China where electricity demand has been growing faster than the overall economy since 2020. China's electricity consumption rose by 7% in 2024 and is expected to grow by an average of around 6% through 2027. ...

The new report forecasts that growth in low-emissions sources – primarily renewables and nuclear – is sufficient, in aggregate, to cover all the growth in global electricity demand over the next three years. ...

In the United States, a strong increase in electricity demand is expected to add the equivalent of California's current power consumption to the national total over the next three years. 

Electricity demand growth is forecast to be more modest in the European Union, only rising back to its 2021 levels by 2027, following the major declines in 2022 and 2023 ..."

Growth in global electricity demand is set to accelerate in the coming years as power-hungry sectors expand - News - IEA "Increase in electricity consumption through 2027 expected to average around 4% annually, driven by growing use for industry, air conditioning, electrification and data centres"

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