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Global electricity demand surged due to the AI boom and rising temperatures, the IEA reports an increase for the first time in 17 years
As energy consumption jumps up due to rising temperatures, economic growth, and artificial intelligence (AI), it was clarified that global electricity demand in 2024 will increase most rapidly in the past 20 years or so. At the same time, it is also pointed out that renewable energy sources are on the rise.IEA Interim Report on ElectricityAccording to the report, global electricity demand, which increased 2.5% last year, is expected to increase by about 4% this year. If this figure becomes reality, it will be the biggest increase since 2007, excluding exceptional years where demand recovered due to the global financial crisis and the COVID-19 pandemic. Furthermore, a 4% increase is expected in 2025.
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