Global Energy Review 2025

On 24th March 2025, the International Energy Agency (IEA) released a report, titled ‘Global Energy Review 2025’. It comprehensively covers trends that took place in 2024 across the entire energy sector.

Key Findings

Global Energy Demand

  • Global energy demand grew by 2.2% in 2024 – faster than the average rate over the past decade. Demand for all fuels and technologies expanded in 2024.
  • The increase was led by the power sector as electricity demand surged by 4.3%, well above the 3.2% growth in global GDP, driven by record temperatures, electrification and digitalisation.

Renewables

  • Renewables accounted for the largest share of ....
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