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Renewable Energy Set to Surpass Coal by 2025, IEA Reports

Global electricity demand is rising rapidly, with solar and wind expected to meet the majority of new demand.

  • Electricity demand is forecast to grow by 4% in 2024 and 2025, the highest rate since 2007.
  • Renewables are projected to provide 35% of global electricity by 2025, up from 30% in 2023.
  • Solar power alone is expected to meet half of the global demand growth through 2025.
  • Heat waves and economic growth in China and India are driving increased electricity consumption.
  • Higher energy efficiency standards are needed to manage the rising demand for cooling.
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