How much electricity are we going to need? A lot. Or more precisely, an "unprecedented" 3,500 terawatt hours for the globe over the next three years. That corresponds to adding more than the equivalent of a Japan to the world’s electricity consumption each year, according to the International Energy Agency, which is out with a new report called, "Electricity 2025: Analysis and Forecast to 2027."Snapshot: "Strong growth in electricity demand is raising the curtain on a new Age of Electricity," per the report. "Electrification of buildings, transportation and industry combined with a growing demand for air conditioners and data centers is ushering a shift toward a global economy with electricity at its foundations." Most of the additional demand for electricity through 2027 will come from emerging and developing economies, led by China, which are expected to make up 85% of the growth.
Perhaps surprisingly, in advanced economies like the U.S., total and per capita demand has stayed relatively flat or even declined since 2009...
RSK: And Data Centers with AI will be increasing usage over 160%. Is our power grid ready for this?
Share this article on you social outlets
Our Sponsors
- - Volume: 25 - WEEK: 8 Date: 2/18/2025 2:59:05 PM -