'Towards an electric future': IEA confirms global electricity demand rising at fastest rate in almost two decades

Michael Holder
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Global demand for electricity is forecast to rise significantly this year due to strong economic activity, intensifying heat waves, and expansion of clean technologies

Global electricity demand is rising at its fastest rate in 17 years, driven by robust economic growth, the rapid expansion of clean technologies such as electric cars and heat pumps, and greater use of...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Energy

'Obscene': Energy firms have posted £457bn in profits since start of energy crisis, study shows

'Obscene': Energy firms have posted £457bn in profits since start of energy crisis, study shows

Insulation and investment in renewable needed to end 'vicious cycle of bill shocks', End Fuel Poverty Coalition warns

Cecilia Keating
clock 03 September 2024 • 3 min read
Government seeks formal advice on how to meet clean power 2030 target

Government seeks formal advice on how to meet clean power 2030 target

New National Energy System Operator to advise on costs, benefits, challenges, and risks of decarbonising the electricity grid by the end of the decade

Michael Holder
clock 30 August 2024 • 3 min read
Boiler Upgrade Scheme: Monthly green heating grant applications surge to 3,000 in July

Boiler Upgrade Scheme: Monthly green heating grant applications surge to 3,000 in July

Latest monthly data indicates growing household demand for government grants to replace fossil gas boilers with low carbon alternatives

Michael Holder
clock 29 August 2024 • 4 min read