International Energy Agency (IEA) released Electricity 2025 Report | Current Affairs | Vision IAS
News Today Logo

International Energy Agency (IEA) released Electricity 2025 Report

Posted 24 Feb 2025

2 min read

Report explores emerging trends like growing electrification, expanding power systems and increasing share of weather-dependent energy sources in generation mix.

Key Highlights of Report

Global 

  • Global energy demand rose by 4.3% in 2024 and forecast to continue to grow at close to 4% out to 2027.
  • China emerged as highest consumer of electricity leaving behind US or EU. 
  • Global CO2 emissions from electricity generation are projected to stabilize from 2025 to 2027, following 1% rise in 2024.
  • Renewables (solar, wind, hydropower) set to meet about 95% of electricity demand growth from 2025-2027. 

India 

  • Electricity demand surged 5.8% in 2024, and forecast to grow at an average 6.3% annually from 2025- 2027.
  • India’s thermal power capacity will rise to 283 GW by 2032.
  • Coal remains dominant with 74% of India’s power mix in 2024.
  • Renewable energy share to grow from 21 % (2024) to 27% (2027), with solar PV leading the expansion.
  • Nuclear power rose 13% in 2024, and setto triple from 8.2 GW to 22.5 GW by 2031-32.

Reasons behind rise in Electricity Demand

  • Global: Growing industrial production (solar PV cells), rising use of Air Conditioning (AC), expansion in EV charging infrastructure and data centres, etc. especially in China.
  • India
    • High economic growth of 7% (IMF) and intense heatwaves resulting in rising AC demands.
    • Schemes like PM-Surya Ghar Muft Bijli Yojana and amendments to Electricity (Rights of Consumers) Rules, 2024 are streamlining solar plant installations and electricity connections.
  • Tags :
  • IEA
  • Electricity 2025 Report
  • Rising Electricity Demand
Watch News Today
Subscribe for Premium Features