Global electricity demand expected to grow 4% annually through 2027 | TechCrunch
Briefly

The International Energy Agency forecasts a global electricity demand increase of 4% annually through 2027, necessitating an annual expansion of generating capacity equivalent to all of Japan's. While U.S. data centers are significant, 85% of this growth is projected to come from emerging economies, primarily China, which will see a 6% increase due to its industrial sector focused on solar panels, batteries, and electric vehicles. The majority of this demand surge will be met by low-carbon energy sources, predominantly renewables and nuclear.
The world will need 4% more electricity annually through 2027, demanding more generating capacity than all of Japan added yearly.
Emerging economies are expected to drive 85% of electricity demand growth, with China's industries contributing significantly to this increase.
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