As we start receiving data for the year 2024 in terms of Energy Production and Consumption, it is time to have a forensic analysis of the global Energy Complex in 2024. Last month we had the always comprehensive IEA Global Energy Review, and now to go deep into Electrification, we just received the Ember’s sixth Global Electricity Review.
Laurent and Gerard brought in two of its three authors: Dr Katye Altieri and Nicolas Fulghum to discuss the main finding. We’re sorry Euan Graham, the third author, could not join.
Here are the key findings:
- Electricity growth is twice as fast as Energy Growth
- The world electricity consumption grew by the size of Japan (last decade it was annually the size of Brazil)
- 80% of that additional demand is met by renewables
- Demand drive is led by Cooling, Heating, Transportation and Datacenters
- World surpasses 40% clean power as renewables (incl. hydro and nuclear) see record rise
- Solar is the main driver of renewables growth, with generation doubling in three years
And more findings in this comprehensive episode.
Thank you, Ember Energy,
Link to the report:
https://ember-energy.org/latest-insights/global-electricity-review-2025/
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Other reports mentioned during the show
IEA Report: https://www.iea.org/reports/global-energy-review-2025
IRENA Report: https://www.irena.org/Publications/2025/Mar/Renewable-capacity-statistics-2025
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