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Aug 8, 2024 - The world`s demand for electricity is rising at its fastest rate in years

Aug 6, 2024 - How our grid teams reclaimed materials, lowered costs

Aug 2, 2024 - Nuclear waste is reusable. Why aren`t we doing it?

Jul 30, 2024 - Inside the Gridspertise grid innovation ecosystem

Jul 30, 2024 - Incredible Battery Breakthroughs to Watch

Jul 29, 2024 - Inside the $11.6 Billion Dogger Bank: The World`s Largest Offshore Wind Farm

Jul 28, 2024 - How The Massive Power Draw Of Generative AI Is Overtaxing Our Grid
Trending Now: Solar, Wind, Grid

Aug 8, 2024 - The world`s demand for electricity is rising at its fastest rate in years



Despite the enduring impacts of the global energy crisis, growth in electricity demand has remained robust in the first half of 2024 due to solid economic activity in many regions, intense heatwaves and continued electrification.
This mid-year update, which follows the Electricity 2024 report published in January, explores these trends and their implications for 2025. It features the latest data for 2023 and new 2024 and 2025 forecasts for global electricity demand, supply by fuel type, and carbon dioxide (CO2) emissions from the power sector. It also analyses the latest developments in major markets, including China, the United States, the European Union and India. The report includes a special focus on electricity demand trends in Europe and their drivers, as well as recent developments related to the global data centre sector and its electricity consumption. In addition, this update provides a comprehensive analysis of the increasing prevalence of negative electricity prices in various power markets worldwide.