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Global electricity demand jumped in 2021

2022-01-14T18:41:29.354Z


The rebound in economic activity last year drove demand to record levels. Electricity prices over the past year have been volatile and rising sharply in many parts of the world. This could continue over the next few years in the absence of "faster structural changes" , worries the International Energy Agency (IEA). See also Why is electricity always more expensive despite the competition? In 2021, “the IEA price index for the main wholesale electricity markets increas


Electricity prices over the past year have been volatile and rising sharply in many parts of the world.

This could continue over the next few years in the absence of

"faster structural changes"

, worries the International Energy Agency (IEA).

See also

Why is electricity always more expensive despite the competition?

In 2021,

“the IEA price index for the main wholesale electricity markets increased by 64% compared to the 2016-2020 average and it almost doubled compared to 2020”

, details a report. released on Friday.

In Europe, over the last three months of 2021,

“average wholesale prices were more than four times higher than their 2015-2020 average”

.

In the United States, where gas supply was less disrupted, price increases remained moderate.

The rebound in economic activity last year pushed global electricity demand to record levels.

Growth reached 6% and the volume of additional electricity produced exceeded 1,500 terawatt hours, observes the IEA.

This is equivalent...

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Source: lefigaro

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