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Global Energy Demand Surges 4.3% With Renewables and Natural Gas Leading Growth

Extreme heat in India and China, alongside rising AI and electric vehicle energy needs, drive the sharpest increase in demand in over a decade.

  • The International Energy Agency reported a 4.3% rise in global energy demand last year, nearly double the decade's average growth rate.
  • Renewable energy and natural gas were the primary sources meeting the increased demand, with fossil fuels like coal and oil growing more slowly.
  • Air conditioning usage, fueled by extreme temperatures in India and China, was a major contributor to the surge in energy consumption.
  • Emerging and developing countries accounted for over 80% of the absolute increase in global energy demand, reflecting regional disparities.
  • Nuclear energy experienced a resurgence, with six new reactors completed globally, including two in China, resulting in a one-third increase in installed capacity.
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