Bryce: Global power demand is soaring, IEA expects 4% growth in ’24 & ‘25

August 5, 2024

Electricity is the world’s most important and fastest-growing form of energy. More proof for that assertion came a few days ago when the International Energy Agency released its “Electricity Mid-Year Update.” The Paris-based agency expects global power demand to grow by 4% this year. That’s the fastest growth since 2007.