However, solar panels alone will likely meet “roughly half of the growth in global electricity demand to 2025. Together with wind power generation, it will make up almost 75% of the increase,” the report added.
The world’s demand for electricity in 2024 is set to grow at its fastest pace in years, but clean energy sources will also soar through 2025, the International Energy Agency forecasts.
“The 4% growth expected for 2024 is the highest since 2007, with the exceptions of the sharp rebounds in 2010 after the global financial crisis and in 2021 following the Covid-induced demand collapse,” the report states, citing hotter weather, economic growth and strong demand, especially in China, India and the US.
