Global power demand is rising so fast this year after the 2020 slump that even the continued strong growth of renewable electricity generation will not be enough to meet it, the International Energy Agency (IEA) said on Thursday, warning that coal power generation will jump and threaten efforts of emissions reduction.
This year, global electricity demand is expected to surge by 5 percent from the levels of 2020, when power consumption fell by around 1 percent due to the effects of the pandemic, the IEA said in its semi-annual Electricity Market…IEA: Renewables Growth Can’t Meet Surging Electricity Demand
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