Global Electricity Demand Set to Grow by 3.3% in 2025, 3.7% in 2026 Despite Economic Pressures
Paris: Global electricity demand is expected to expand at one of the fastest sustained paces in over a decade despite ongoing economic pressures, according to a new IEA report, with renewables, natural gas and nuclear all contributing to meet the additional demand. According to Emirates News Agency, electricity demand is set to rise by 3.3% in 2025 and 3.7% in 2026 – more than twice as fast as total energy demand growth over the same period, the IEA’s Electricity Mid-Year Update finds. The new report underscores the increasing demand for electricity to power factories and appliances, keep buildings cool, operate