On Monday, the International Energy Agency told the world just how much electricity we all used to watch Severance. The release of its Global Energy Review captured trends seen in the energy sector across the world.
The highlights:
Global demand for energy grew by 2.2% last year, the fastest rate seen in the past decade. Demand for all fuels and technologies grew, led by electricity at 4.3%.
In terms of the growth in global energy supply, renewables accounted for more than a third of the total growth, followed by natural gas (28%), coal (15%), oil (11%) and nuclear (8%).
Low-carbon sources including renewables and nuclear provided 80% of new power supply.
While the IEA’s report underlines the impressive growth of renewables across the world, it highlights that new power is being added, rather than replacing, incumbent supplies.
+Read the full report: Global Energy Review 2025
Written by Aaron Foyer, Vice President of Research and Analytics at Orennia
As always, feel free to reach out to me at aaron.foyer@orennia.com