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Fatih Birol Profile picture
@fbirol
Jan 24, 2024 • 7 tweets • 4 min read • Read on X
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The transformation of the world's power sector means clean sources are set to meet all the increase in global electricity demand in the next 3 years

This is mainly thanks to renewables' huge growth but also nuclear's rebound to a historic high in 2025 ➡️ iea.li/3OdHAe2
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Global electricity demand is set to grow strongly in the years ahead

Most demand growth is in emerging economies, led by China, India & Southeast Asia - but EVs, heat pumps & data centres are pushing up electricity use in advanced economies as well

More: iea.li/3u3PCzh
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Growing low-emissions sources, led by solar, puts them on track to account for almost half of global electricity generation by 2026, up from just under 40% in 2023

This pushes power sector emissions into structural decline in the coming years

Read more: iea.li/3ubl4eX
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Global nuclear power generation is on course to rise to a new all-time high in 2025

This is the result of recovering output in France, plants coming back online in Japan, and new reactors starting commercial operations in many markets, including in China, India, Korea & Europe Image
While electricity use per capita in India & Southeast Asia has risen rapidly, it has barely changed in Africa for over 30 years.

Scaling up reliable, affordable & sustainable electricity supply and grids is vital for Africa's economic development and its energy access goals. Image
Electricity prices were generally lower in 2023 than in 2022. But they varied widely by region, affecting economic competitiveness.

Despite a 50% decline, prices for energy-intensive industries in the European Union in 2023 were almost double those in the United States & China. Image
Find out more about electricity markets, policies & trends around the world in @IEA’s Electricity 2024 report, which we just released today

The full report is freely available on our website ⬇️ iea.li/3u3PCzh

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More from @fbirol

Fatih Birol Profile picture
Oct 7, 2025
Global renewable capacity is set to double by 2030 amid rising headwinds from supply chains, grid integration & financing

Solar PV dominates with 80% of growth. In addition to established markets, it also surges in Saudi Arabia, Pakistan & SE Asia

More: iea.li/470UrJhImage
Solar is dominating the growth of global renewable capacity – but wind, hydropower, bioenergy & geothermal are all contributing too

Geothermal is on course to hit historic highs in key markets while pumped-storage hydro is growing strongly, helping integration of solar & wind Image
The outlook for offshore wind stands apart, with the industry facing challenges due to policy changes, supply chain bottlenecks & rising costs

Our forecast for its global capacity growth to 2030 is about 25% lower than in last year's report

Read more 👉 iea.li/4pWzU11Image
Read 8 tweets
Fatih Birol Profile picture
Oct 16, 2024
After the Age of Coal & Age of Oil, the world is moving rapidly into the Age of Electricity ⚡️

Electricity has recently grown 2x as fast as total energy demand. But from now to 2035, it's set to grow 6x as fast, driven by EVs, ACs, chips, AI & more

More: iea.li/3BEGtk7Image
Electricity's growing role in the energy mix makes it vital to ensure as much of it as possible is generated from clean sources

The rapid growth of solar & wind means they are both set to overtake power generation from coal by 2035

More in #WEO24 ➡️ iea.li/4f7pTHZImage
World Energy Outlook 2024 shows energy markets are set to shift in the 2nd half of the 2020s to relatively ample supplies of key fuels & technologies, albeit still marked by geopolitical risks

How governments & consumers react will have major consequences for energy & climate Image
Read 8 tweets
Fatih Birol Profile picture
Oct 9, 2024
The world is adding a huge 670 GW of new renewable capacity in 2024!

Between now & 2030, it is set to add 5,500 GW – even outperforming governments' own national targets

This is equal to the current total power capacity of China, EU, India & US combined: iea.li/3Yhz572Image
Renewables' unprecedented growth means they're on course to meet around half of global electricity demand by the end of this decade

By 2030, the share of solar PV & wind alone in the global power mix is set to double to 30%

Read @IEA’s new report ➡️ iea.li/4gYaMSZImage
@IEA Solar is powering renewables growth around the world ☀️

Solar PV alone is set to account for a massive 80% of new renewable capacity added globally between now & 2030

This means new large power plants – but also rooftop installations of solar panels by companies & households Image
Read 7 tweets
Fatih Birol Profile picture
May 30, 2024
A major @IEA report out today shows that the transition to net zero emissions would mean lower energy costs globally than if we continue on our current path

Scaling up clean technologies is good for affordability as well as for cutting emissions

More: iea.li/4aM2zNn
Image
@IEA Today’s energy system is failing to deliver affordable energy for all: many millions of people lack access to clean cooking & electricity

In advanced economies, the poorest households spend up to 25% of their income on home energy bills & transport fuel: iea.li/4cgPMnF
Image
@IEA Today’s energy system is also not a stable one. The energy crisis caused by Russia slashing gas deliveries to Europe led to consumers around the world paying 20% more on average for energy than in past years.

Hardest hit were low-income households already struggling to pay bills Image
Read 9 tweets
Fatih Birol Profile picture
Apr 25, 2024
Batteries are a vital part of the energy transition. Here's why:

- They're the fastest growing clean technology on the market

- They help meet climate goals & ensure energy security

- They bring down emissions in power & transport

@IEA's new report ➡️ iea.li/3QmAogL
Image
@IEA Batteries aren't just for powering your smartphone

In 2016, the energy sector accounted for around 50% of global demand for batteries, about the same share as electronic devices

By 2023, energy's share had risen above 90% - in a market 10 times the size: iea.li/3Jz7WEx
Image
@IEA Thanks to the rapid decline of battery costs – 90% since 2010 – they're speeding up opportunities to cut emissions in road transport & electricity

In 2023:

Electric car sales rose to a record of almost 14 million

Battery storage deployment in the power sector more than doubled Image
Read 8 tweets
Fatih Birol Profile picture
Apr 23, 2024
Global electric car sales are on track to grow strongly again this year, reaching about 17 million

With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector

More from @IEA: iea.li/3Us3ZYF
Image
@IEA Electric cars' growth this year builds on a record-breaking 2023, when sales soared by 35% to almost 14 million

Demand was largely concentrated in China, Europe & the US, but momentum is picking up in key emerging markets such as Viet Nam & Thailand ➡️ iea.li/3xNUUk0
Image
@IEA Despite near-term challenges in some countries, new @IEA analysis sees the global electric car market gearing up for the next phase of growth

Under today's policy settings, nearly 1 in 3 cars on China's roads by 2030 is set to be electric & almost 1 in 5 in the US & EU Image
Read 10 tweets

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