IEA Global Energy Review 2025

Type: Research Study
Categories: Energy Efficiency, GHG Emissions, Sourcing Renewables
Date Published: 4/14/2025
Author: By International Energy Agency
Primary Topic: GHG Emissions

According to to the newest edition of the International Energy Agency's (IEA) report Global Energy Review, global energy demand grew at a faster-than-average pace in 2024 as the consumption of electricity rose around the world, with an increased supply of renewables and natural gas covering the majority of additional energy needs.

The report found that global energy demand rose by 2.2% last year, which is lower than GDP growth of 3.2% but considerably faster than the average annual demand increase of 1.3% between 2013 and 2023. 

The expanding supply of low-emissions sources covered most of the increase in global electricity demand in 2024. The amount of new renewable power capacity installed worldwide rose to around 700 gigawatts, setting a new annual record for the 22nd consecutive year, and nuclear power capacity additions reached their fifth highest level in the past three decades. As a result, 80% of the increase in global electricity generation in 2024 was provided by renewable sources and nuclear, which together contributed 40% of total generation. 

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