Global Energy Demand Rises as Power Consumption Jumps
- Global energy demand rose significantly in 2024, with renewables and natural gas meeting most needs, according to the International Energy Agency .
- Electricity consumption grew by 4.3 percent, driven by extreme heat and industrial activity, as reported by the IEA.
- CO2 emissions in advanced economies decreased by 1.1 percent, the lowest in 50 years, as stated by the IEA.
- Sales of electric vehicles increased by over 25 percent, now comprising one-fifth of global car sales, as noted in the IEA report.
84 Articles
84 Articles
New report reveals surprising change in long-running trend in global energy use: 'Puts some clear facts on the table'
Global energy use surged in 2024, and a new report from the International Energy Agency offers the clearest picture yet of why. In its new Global Energy Review, the IEA reports that global energy demand grew by 2.2% last year, which is well above the 1.3% annual average of the previous decade. The biggest driver of this increase was electricity use, fueled by "emerging and developing economies," along with record-breaking heat waves that sent a…
Demand to power AI, cryptocurrency grows
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
The Rising Demand For Electricity Is About More than AI
How much will AI drive up power demand in the next few years? That’s been the big question at the center of the energy and climate conversation recently. Many analysts have warned that AI-driven electricity usage is expected to more than double in the next five years as consumers and businesses find varied applications for the technology. But others urge caution: not all data centers in the planning process will ultimately be built and AI could …
IEA’s Global Energy Review 2025 finds despite UN Paris climate pact, ‘there is no indication of any acceleration in the overall rate of global decarbonization since 2015’ – China & India dominate increasing energy demand
Global Energy Demand Set to Accelerate – Five takeaways from IEA’s Global Energy Review 2025 Roger Pielke Jr. Excerpt: Decrease in the carbon dioxide intensity of global GDP, which goes…
Chart: Even as new clean energy breaks records, emissions rise
See more from Canary Media’s "Chart of the week” column . Two opposing forces are tugging at the global energy transition: the inexorable rise of clean energy and the insatiable demand for electricity. Last year, over 700 gigawatts of clean energy capacity were installed worldwide, per a March International…
Renewables surged in 2024 — but so did fossil fuels
The world is grappling with an energy crisis — not one of scarcity, but one created by overwhelming demand. More energy-hungry data centers and AI algorithms are coming online. Developing countries are using more energy to support their people and industries. And as the world electrifies — replacing gas cars with electric vehicles, for instance — it will use ever more power. So the electrical grid doesn’t just need renewables (and batteries to s…
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