The International Energy Agency has projected a significant increase in global electricity demand, now anticipated to grow by nearly 4% annually until 2027. This surge, primarily due to higher use of electric vehicles, air conditioning, and datacentres, represents an increase from the previous forecast of 3.4%. Major economies like China and the US will lead this demand growth. The transition to cleaner energy sources and a shift away from fossil fuels is also influencing this electrical surge amidst the climate crisis, raising concerns about energy supply sustainability.
The acceleration of global electricity demand highlights the significant changes taking place in energy systems around the world and the approach of a new age of electricity.
Rising demand in the US is expected to add the equivalent of California's current power consumption to the national total by 2027.
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