Tag:

electricity

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...

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...

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...

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...

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...

Electricity demand surged in 2021, pushing power prices: IEA

Electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record...

Electricity demand to grow by 5% in 2021 and 4% in 2022: IEA

Global electricity demand is set to grow by close to 5 percent in 2021 and 4 percent in 2022 – driven by the economic...

Electricity demand forecast to grow by 3% in 2021: IEA

Electricity demand is forecast to grow by around 3 percent in 2021, led by growth in China, India and other emerging economies, according to...