(ANSA) - ROME, FEBRUARY 08 - In 2025, renewable sources will overtake coal as the world's leading energy source, and together with nuclear power, they will cover almost all of the growth in global electricity demand over the next three years.
The International Energy Agency (IEA) proves it in its 2023 report on the electricity market.
The IEA predicts that electricity demand will grow by an average of 3% per year over the next 3 years, against an average of 2.4% in the years before the pandemic.
Another 2,493 TWh of demand will be added in 2025, bringing global demand to 29,281 TWh in 3 years.
On the supply side, the expected growth of electricity production from renewables in 3 years is 2,450 TWh (equivalent to 98% of the growth in demand).
The IEA predicts that clean sources will rise from 8,349 TWh in 2022 to 10,799 TWh in 2025, overtaking coal as the leading global energy source.
Electricity production from this will remain stable, from 10,325TWh in 2022 to 10,217TWh in 2025. Electricity generation from gas is also stable, from 6,500TWh to 6,522. The IEA expects an increase in nuclear production, led by Asia.
New reactors in China and India, coupled with restarting reactors in France and Japan, will see generation grow by 302 TWh to 2025, from 2,684 TWh in 2022 to 2,986 three years later.
More than 70% of this growth over the next three years will come from China, India and Southeast Asia.
By 2025, 1/3 of global electricity demand will come from China, more than half from Asia.
But even the most developed countries will increase the current demand, to replace fossil fuels in sectors such as transport, heating and industry.
"Growing world electricity demand is set to accelerate, adding more than double Japan's current consumption over the next three years," IEA Executive Director Fatih Birol said. "The good news is that renewables and nuclear are growing fast enough to meet almost all of this further hunger."
(HANDLE).
