Tag:
electricity
Power
Power consumption to grow by 4% in 2024: IEA
Global electricity demand is set to grow at its fastest pace in nearly 20 years, driven by a surge in air conditioning use due...
Power
Electricity Demand to Double by 2050, Driven by Renewable Energy and Digitalization: DNV Report
The world’s electricity demand is set to double by 2050 as reliance on fossil fuels diminishes, according to a recent report by DNV, an...
Power
Number of people without electricity grows: IEA
A report from International Energy Agency (IEA) said 685 million people did not have electricity in 2022, 10 million more than in 2021.
In 2022,...
Power
Electricity demand growth to ease in 2023 amid energy crisis: IEA
The International Energy Agency (IEA) has released its latest Electricity Market Report, forecasting a moderation in worldwide electricity demand growth for 2023. The report...
Power
US offers $13 bn in funding to modernize power grids
The Department of Energy (DOE) is soliciting grant applications for $13 billion in new financing under the bipartisan infrastructure bill for the expansion and...
Power
U.S. electricity consumption to grow 2.4% in 2022: EIA
U.S. electricity consumption is expected to increase 2.4 percent in 2022 due to surge in economic activity and hot summer weather, the U.S. Energy...
Power
Electricity demand faces slow growth due to high energy price: IEA
The world’s electricity demand is expected to grow by 2.4 percent in 2022 after last year’s 6 percent increase, as economic growth weakens and...
Renewable Energy
Electricity supply in EU grows 4.2% in 2021
Electricity supply in the European Union rose by 4.2 percent in 2021 compared to 2020, with data indicating a return to fossil fuels as...