The International Energy Agency (IEA) predicts an acceleration in electricity demand, led by China with 5.5% growth and India recovering with 7%, while CO2 emissions from the power sector are expected to rise 1% by 2026 before stabilizing in 2027.
The International Energy Agency (IEA) assesses that the global energy market remains resilient to oil and gas supply disruptions due to growing exports from alternative routes, but warns of increasing risks.
The International Energy Agency (IEA) has issued a warning that China's restrictions on rare earth exports could trigger a massive $6.5 trillion supply shock, impacting industries from electric vehicles to weapons systems globally.
The International Energy Agency (IEA) announced that investment in critical minerals fell last year, despite Western nations' pledges to boost domestic production for national security.
Despite G7 leaders' commitments to reduce critical dependencies on China, the International Energy Agency (IEA) reports that the production of critical minerals remains increasingly concentrated.
The head of the International Energy Agency (IEA) has commented on the potential global impact of a closure of a key strait, likely referring to the Strait of Hormuz, on energy markets.
The International Energy Agency (IEA) forecasts the first annual decline in global oil demand since 2020. This projection is attributed to the ongoing conflict in Iran.
The International Energy Agency (IEA) has issued a warning that a renewed conflict between the United States and Iran could potentially disrupt the global oil surplus forecast.
Nigerian oil firms are calling for a review of the Petroleum Industry Act (PIA) due to the burden of over 270 taxes, which they claim are eroding investment gains, as Nigeria joins the International Energy Agency (IEA).
The International Energy Agency (IEA) reported that Russia's oil production decreased by five percent in May. This decline is attributed to Ukrainian attacks on Russian energy infrastructure.
The International Energy Agency (IEA) forecasts a potential oil glut next year, driven by a 'gradual' return of flows and a sharp rise in production. This increase is expected to outstrip demand forecasts, partly influenced by a potential Middle East peace deal.
The International Energy Agency (IEA) has warned that global oil inventories are on track to reach critical levels before the summer peak demand period.
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The International Energy Agency (IEA) has stated that the ongoing conflict in the Middle East is significantly reshaping national energy strategies worldwide. This geopolitical instability is creating the largest energy security crisis in recent times.
Thailand has committed to enhancing its cooperation with the International Energy Agency (IEA) across all dimensions to strengthen energy security and address the global energy crisis.
The International Energy Agency (IEA) and Goldman Sachs have issued new warnings about the rapid depletion of oil reserves, stating that the market is in a 'red zone' and prices are rising again after a temporary decline.
The International Energy Agency (IEA) projects continued increases in transport emissions until 2035, stating that potential CO2 savings from electric vehicles constitute only a small percentage of global emissions. This challenges the perception of EVs as a major solution for immediate emission reductions.
The head of the International Energy Agency (IEA) has issued a warning that commercial oil inventories are depleting rapidly, with only weeks of supply remaining.
The International Energy Agency (IEA) has reported that countries are depleting their oil reserves at an unprecedented rate, signaling potential concerns for global energy security.
The International Energy Agency (IEA) has warned that global oil reserves are shrinking at a record pace, suggesting that any temporary relief in oil prices may be short-lived.
The International Energy Agency (IEA) warned that the energy transition must not leave anyone behind, highlighting Portugal's high levels of energy poverty and the need for state support for vulnerable families.
The International Energy Agency (IEA) has reported that methane emissions from the energy sector are lingering near record highs. The IEA emphasizes that tackling these emissions is crucial for both climate change mitigation and global energy security.
The International Energy Agency (IEA) reports that more than double the amount of gas currently stuck in the Strait of Hormuz is wasted each year, highlighting the potential for methane emission reductions to address energy and climate crises.
Canada's commitment to the International Energy Agency (IEA) to supply more oil is expected to add only a small amount of new crude to an already constrained global market.
The International Energy Agency (IEA) has issued new recommendations to governments, advising against reductions in special consumption taxes on fuels while advocating for targeted measures to support vulnerable populations and incentives for energy saving.
The International Energy Agency (IEA) has indicated that global power demand is projected to rise in 2025, primarily fueled by the expansion of electric vehicles and data centers.
The International Energy Agency (IEA) chief announced that it would take approximately two years for energy supplies from the Middle East to return to pre-conflict production levels. This projection follows recent disruptions in the region.
A report by the International Energy Agency (IEA) indicates that global employment in the energy sector increased by 2.2% in 2024, reaching 76 million people, nearly twice the rate of overall employment growth.
The International Energy Agency (IEA) has projected that global crude oil demand will experience its sharpest quarterly decline since the COVID-19 pandemic. This forecast indicates a significant downturn in the oil market.
The International Energy Agency (IEA) reported that over 80 energy facilities across the Middle East have been damaged since the start of the Iran war, with recovery expected to be lengthy.
The head of the International Energy Agency (IEA) has issued a warning of a potential "black April" for global oil supply if the Strait of Hormuz remains blocked, impacting the economy and energy provision.
The International Energy Agency (IEA) has issued a stark warning that a major global energy crisis is just beginning, predicting that April will see a significant deterioration in the situation.
The International Energy Agency (IEA) has issued a warning about the increasing digitalization of electrical systems for renewables, highlighting a quadrupling of sabotage incidents and growing concerns over potential remote control from China, posing new national security risks.
Faith Birol, Director of the International Energy Agency (IEA), announced that the organization is prepared to take further action and release additional oil reserves if necessary.
The International Energy Agency (IEA) is currently discussing the possibility of further oil stock releases, according to its executive director Fatih Birol.
The International Energy Agency (IEA) has reported that more than 40 energy facilities in the Middle East have been severely damaged during the ongoing Iran war, which quickly escalated into a conflict over oil and gas.
The head of the International Energy Agency (IEA) has called on governments worldwide to reduce oil consumption as the crisis in the Strait of Hormuz intensifies, raising concerns about global energy security.
The Dutch government has stated it does not yet see the need to encourage citizens to reduce car use or limit energy consumption, despite a warning from the International Energy Agency (IEA) about potential energy shortages.
The International Energy Agency (IEA) has called on people to modify their travel, work, and cooking habits to help address the ongoing energy price crisis.
The International Energy Agency (IEA) is releasing 411.9 million barrels from its emergency oil reserves in response to a global alert regarding oil supply. Member countries are prepared to release further quantities if necessary, maintaining over 1.4 million barrels in emergency stocks.
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Member countries of the International Energy Agency (IEA) have decided to release an unprecedented total of 411.9 million barrels of oil from their strategic reserves, which are expected to enter global markets soon to mitigate the impact of the Middle East conflict.
The International Energy Agency (IEA) has announced that Asian nations will immediately release emergency oil stocks in response to global energy market conditions.
The International Energy Agency (IEA) has confirmed that the war in Iran is causing the 'greatest disruption' ever seen in the oil market, despite the release of emergency reserves, with Saudi Aramco's CEO warning of 'catastrophic consequences' for the global market.
The International Energy Agency (IEA) has approved the release of 400 million barrels of oil to compensate for supply losses due to an "effective shutdown".
Many countries, especially members of the International Energy Agency (IEA), maintain strategic oil reserves to cushion the fallout from economic shocks and could draw on them if the war in the Middle East endures.
The 2026 International Energy Agency (IEA) Ministerial Meeting in Paris is noted as marking the end of an era of optimistic consensus and the beginning of a new era of energy geopolitical realism.
From a 13-month contract at the International Energy Agency (IEA) in 1995 to leading the institution that world leaders now consult for guidance, Fatih Birol plays a dominant role...
The International Energy Agency (IEA) announced that the world still possesses 'substantial' emergency oil reserves, even after a record release of strategic petroleum stocks.
Fatih Birol, head of the International Energy Agency (IEA), has warned that the ongoing crisis in the Strait of Hormuz poses a significant threat to global energy security, emphasizing that 'oil security is still a critical issue' and the world should be 'worried' if the situation does not improve.
The International Energy Agency (IEA) has issued a warning that China's restrictions on rare earth exports could jeopardize $6.5 trillion in global production.
The International Energy Agency (IEA) has warned that the global economy faces a $6.5 trillion risk if China implements restrictions on rare-earth exports.
Fatih Birol, head of the International Energy Agency (IEA), has sided with Norway in the Arctic dispute, urging the EU to reconsider a ban on oil and gas exploration in the region, stating the world needs every drop of Norwegian oil.
The International Energy Agency (IEA) has issued a warning about a potential petrol and diesel supply crunch, with fuel reserves reportedly decreasing at an unprecedented rate. This could lead to significant shortages during the upcoming summer months.
The International Energy Agency (IEA) predicts that global gas demand is set for its first decline since 2022, primarily attributed to the ongoing conflict in Iran.
Industrialized nations' oil reserves are shrinking at a record pace, primarily due to the Iran war, with the International Energy Agency (IEA) reporting a significant decline in OECD countries' oil stocks.
The International Energy Agency (IEA) predicts a significant global oil surplus by 2027, driven by a gradual recovery in the Strait of Hormuz. This forecast suggests a shift in the global oil market dynamics.
An International Energy Agency (IEA) report warns that the Iran war has exposed significant risks for Southeast Asia, potentially costing the region billions if it does not rapidly diversify its energy sources.
The International Monetary Fund (IMF), World Bank (WB), and International Energy Agency (IEA) have issued warnings about potential summer fuel scarcity if the Strait of Hormuz remains closed.
The International Energy Agency (IEA) forecasts that global oil investments will drop for the third consecutive year, with total energy investments reaching $3.4 trillion by 2026, as the war in Iran reshapes countries' energy strategies.
The head of the International Energy Agency (IEA) has warned that the world faces a summer oil shock, stating that IEA members are considering releasing additional strategic oil reserves, similar to actions taken in March.
The head of the International Energy Agency (IEA) has issued a warning that the global oil market could enter a 'red zone' by summer. This critical situation is anticipated if no resolution is found for the ongoing issues in the Middle East.
The International Energy Agency (IEA) has projected that electric vehicles and hybrids will constitute nearly 30% of all car sales globally this year. This forecast highlights a significant shift in the automotive market towards electrified transport.
The International Energy Agency (IEA) chief has issued a warning that global commercial oil stocks are depleting "very fast," with some reports indicating they may only last for a few weeks.
The International Energy Agency (IEA) has issued a warning that global oil inventories are depleting at a record pace, with some reports attributing this to geopolitical tensions and disruptions like the blocking of the Strait of Hormuz. This rapid depletion is contributing to ongoing oil price volatility.
The US Department of Energy is taking steps to transfer 53.3 million barrels of oil from its stockpiles, aligning with an International Energy Agency (IEA) agreement amidst rising global oil prices.
The International Energy Agency (IEA) has warned Portugal about delays in its energy transition, particularly in the transport, industry, and building sectors, urging the government to adopt a coherent sectoral roadmap.
A new report from the International Energy Agency (IEA) reveals that methane emissions from the energy sector remained at near-record levels in 2025, suggesting that fixing mega-leaks could significantly boost energy stock.
The International Energy Agency (IEA) predicts that global liquefied natural gas (LNG) markets will remain tight through 2027, indicating potential supply challenges.
The International Energy Agency (IEA) has issued a warning that the global gas market, especially for LNG, is expected to remain tight and unstable until 2027. This forecast is attributed to the ongoing conflict in the Middle East, particularly the Iran war.
The International Energy Agency (IEA) chief has issued a stark warning that the world faces its most significant energy security threat ever. This crisis is reportedly amplified by the ongoing Iran war, which is impacting global oil demand and accelerating the appeal of renewables.
The International Energy Agency (IEA) has issued a stark warning, stating that the ongoing war in Iran is responsible for the biggest energy crisis in history.
The head of the International Energy Agency (IEA) stated that current conflicts, specifically mentioning the US and Israel's war against Iran, are causing the greatest crisis in history regarding energy.
The International Energy Agency (IEA) has proposed new crude oil routes to Europe, specifically suggesting a pipeline connecting Turkey and Iraq. This initiative aims to create alternative supply paths and bypass the Strait of Hormuz.
The International Energy Agency (IEA) and other organizations have issued urgent warnings that Europe could run out of jet fuel within six weeks. This potential shortage is a primary concern for the EU, prompting discussions about emergency plans.
The International Energy Agency (IEA) has issued a warning that closing a critical strait could lead to significant global disruptions, alongside a projected major decline in crude oil demand for the second quarter.
The International Energy Agency (IEA) reported that global oil demand is plummeting by the most since the pandemic, with the 'Iran war' erasing 2026 growth projections. Airlines are urging the EU to intervene as the conflict chokes jet fuel supplies.
The International Energy Agency (IEA) has warned of potential "demand destruction" for oil, reminiscent of the Covid-19 pandemic, despite falling prices. This reflects deep concerns that the ongoing energy crisis is leading to more than just expensive oil.
The International Energy Agency (IEA) has warned that April will see an "even worse" global energy crisis, with oil prices nearing $100, the Strait of Hormuz blocked, and infrastructure destroyed. The IMF and World Bank are mobilizing up to $60 billion to mitigate the impact.
The head of the International Energy Agency (IEA) stated that the current oil and gas crisis surpasses the combined severity of the 1973, 1979, and 2022 crises.
The International Energy Agency (IEA) suggests that increasing remote work to three days a week could reduce an employee's fuel consumption by 20%. This comes as discussions continue on how to mitigate the impact of rising fuel costs.
The International Energy Agency (IEA) has suggested working from home as an immediate solution to the ongoing energy crisis, which is being intensified by instability and rising fuel prices due to the Middle East conflict.
The International Energy Agency (IEA) has warned that the current threat posed by the Iran war is more severe than the oil crises of the 1970s, despite public perception, urging a closer look at the numbers.
Members of the International Energy Agency (IEA) have collectively agreed to release 400 million barrels of oil from their strategic reserves, a move aimed at stabilizing global energy markets.
The International Energy Agency (IEA) has issued a warning about a potential six-month disruption to global oil supplies, likely due to ongoing geopolitical tensions.
The International Energy Agency (IEA) has warned of the most serious threat to global energy security in history, urging governments and companies to promote energy saving and specifically recommending measures like working from home, driving slower, and flying less to manage the Iran war’s disruption to global markets.
The Dutch government has announced it does not plan to introduce new energy-saving measures at this time, despite a recent warning from the International Energy Agency (IEA).
The International Energy Agency (IEA) has announced that previously unblocked oil stocks are beginning to arrive on the market. This additional supply is expected to help contain oil prices in the coming days.
The International Energy Agency (IEA) stated it is open to releasing more oil from emergency reserves "if and when needed," noting that over 1.4 billion barrels would still remain.
The International Energy Agency (IEA) has announced that an additional 400 billion barrels of oil are expected to be released to the market soon, providing more details on the execution of a supply plan.
Member countries of the International Energy Agency (IEA) have decided to release a total of 411.9 million barrels of oil from their strategic reserves, which will soon be channeled into global markets.
The International Energy Agency (IEA) reports that the Middle East war is causing the largest oil supply disruption in history, significantly impacting global energy markets.
The International Energy Agency (IEA) is set to release 400 million barrels of oil, while Oracle has reported stronger-than-expected earnings for its third quarter.
Stocks jumped and oil tumbled after the International Energy Agency (IEA) called an extraordinary meeting to decide on a Strategic Petroleum Reserve (SPR) release, with futures reversing some overnight losses as the US cash open approached.
The Executive Director of the International Energy Agency (IEA), Fatih Birol, stated in Brussels that there is "a lot of oil" on the markets due to an "enormous surplus," in p
A news digest highlights the unveiling of the 'Prahaar' counter-terror policy, discussions around the International Energy Agency (IEA), and advancements in AI stack technology.
The U.S. has renewed its threat to leave the International Energy Agency (IEA) if the global energy watchdog does not move away from its net zero agenda, according to U.S. energy chief Chris Wright.
The International Energy Agency (IEA) has issued a warning about potential risks to global energy supplies as the conflict involving Iran escalates. Israel is reportedly backing the US in this escalating situation.
The International Energy Agency (IEA) has stated that ongoing conflicts in the Middle East are escalating worries about global energy security and supply.
The International Energy Agency (IEA) has issued a warning that the full implementation of China's announced rare earth export restrictions could endanger $6.5 trillion worth of production outside of China in subsequent stages.
The International Energy Agency (IEA) has issued a warning about the growing global dependence on critical raw materials, highlighting potential supply chain vulnerabilities.
The head of the International Energy Agency (IEA) has issued a warning that the global economy faces significant peril if the crisis in the Strait of Hormuz continues to persist, highlighting the critical role of the waterway for energy security.
The head of the International Energy Agency (IEA) has cautioned that Europe's slow pace of electrification is a significant error, urging preparedness for worst-case scenarios. This warning highlights concerns about the continent's energy transition and security.
The International Energy Agency (IEA) has revised down its projections for Russian oil output, citing recent attacks from Ukraine as a contributing factor.
The head of the International Energy Agency (IEA) has called on the European Union to reconsider its moratorium on Arctic drilling. This appeal highlights ongoing debates about energy security and environmental protection.
The International Energy Agency (IEA) has warned that the global oil market could face an oversupply by 2027, projecting an increase in oil supply of 8 million barrels per day next year against a demand growth of 2 million barrels.
The International Energy Agency (IEA) expects global oil demand to weaken in 2026, attributing the decline to significantly higher prices caused by reduced supply from the Persian Gulf region.
Oil prices held steady as investors weighed the implications of a potential peace deal and forecasts from the International Energy Agency (IEA) regarding a market glut.
The International Energy Agency (IEA) stated that the closure of the Strait of Hormuz exposed energy vulnerabilities, leading to shortages of petrochemical raw materials and liquefied petroleum gas, with Southeast Asia's energy import bill expected to reach $59 billion this year.
The director of the International Energy Agency (IEA) warned that 'confidence' is now the scarcest commodity, influencing investment decisions, as 20% of Persian Gulf oil and gas are blocked amidst the largest energy crisis.
The International Energy Agency (IEA) chief has issued a stark warning about an impending "summer oil shock" and oil markets nearing a "red zone," citing risks like a potential Strait of Hormuz shutdown. This could lead to oil prices soaring past $200 per barrel and impact global economies.
The head of the International Energy Agency (IEA) has warned that global oil markets are approaching a 'red zone' by July and August. This critical situation is attributed to surging demand, dwindling reserves, and reduced exports from the Middle East, coinciding with the summer travel season.
The International Energy Agency (IEA) suggests that sustained high oil prices could accelerate the global adoption of electric vehicles. Projections indicate that EVs could account for 25% of new car sales worldwide by 2025, potentially rising to 30% by 2026.
The International Energy Agency (IEA) has issued a warning that the global energy market will require several months to recover from a recent supply shock originating from the Strait of Hormuz.
The International Energy Agency (IEA) has predicted that global oil supply will fall below demand this year, indicating a tightening market and potential price implications.
A report by the International Energy Agency (IEA) highlights a "gap" between Austria's ambitious climate and energy goals and their actual implementation.
The head of the International Energy Agency (IEA) has called on Canada to act quickly to develop and export its energy resources. This push comes amid a global supply shock, presenting a "golden opportunity" for Canada to expand its role in the energy market.
The International Energy Agency (IEA) has issued a warning that methane emissions from fossil fuels remain "very high" and suggests that capturing these emissions could provide substantial amounts of gas, potentially aiding the energy crisis.
The International Energy Agency (IEA) believes the energy crisis will boost nuclear power, suggesting various investment avenues including mining, refining stocks, and uranium ETFs.
The International Energy Agency (IEA) predicts that the supply of liquefied natural gas (LNG) will likely remain restricted until the end of 2027, attributing this to ongoing disruptions and damage to infrastructure.
The International Energy Agency (IEA) expresses confidence in addressing the energy crisis, noting that the blocking of the Strait of Hormuz could accelerate the adoption of renewables, efficiency, and nuclear energy, similar to the 1970s.
According to the International Energy Agency (IEA), solar power is a primary driver of global energy supply growth, with China leading the push for renewable energy.
The head of the International Energy Agency (IEA) has reportedly called for the construction of a new oil pipeline between Iraq and Turkey to decrease reliance on the Strait of Hormuz.
The head of the International Energy Agency (IEA) has reportedly proposed the development of an Iraq-Turkey pipeline as a strategic alternative to bypass the Strait of Hormuz.
Three major global institutions – the International Monetary Fund (IMF), World Bank, and International Energy Agency (IEA) – have announced coordinated measures to stabilize energy markets and support vulnerable countries amidst the ongoing Middle East conflict.
The International Energy Agency (IEA) reported that Russia's oil export revenues nearly doubled in March, despite international sanctions. This surge in income has raised concerns about the global oil market and the effectiveness of current measures.
The International Energy Agency (IEA) warns that recent drone attacks on Russian ports are putting Indian refining operations at risk, highlighting the broader economic impact of the conflict.
The International Energy Agency (IEA) has stated that oil prices will soon converge to reflect the severity of the Iran crisis. The IEA chief also voiced readiness to release more oil reserves if needed.
The head of the International Energy Agency (IEA) stated that the current oil and gas crisis, exacerbated by the blockade of the Strait of Hormuz, is more severe than the combined crises of 1973, 1979, and 2022. The statement also referenced an ultimatum from Trump.
Fatih Birol, Director of the International Energy Agency (IEA), stated that the current energy crisis surpasses those of 1973, 1979, and 2022 combined, attributing its severity to an ongoing war with Iran.
The International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank have formed a coordination group to address the Middle East crisis, which is exposing frailties in the US 'no-hire' economy and prompting a global 'war room' response.
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The International Energy Agency (IEA) is ready to release additional oil reserves following Japan's request, signaling further action amid Middle East tensions and the Iran war, which are expected to lead to higher energy and consumer prices. Ireland's Central Bank has warned that a severe energy shock from the Iran war could push inflation above 4% this year, while the UK government plans to invest £100m to restart a Teesside CO2 plant as a contingency measure.
Japan's Takaichi has requested the head of the International Energy Agency (IEA) to prepare for an additional "coordinated release" of oil reserves, indicating readiness to act "if and when necessary."
The International Energy Agency (IEA) has warned that the current crisis, citing the consequences of Russia's 2022 invasion of Ukraine, represents 'two oil crises and a collapse of the gas market together,' potentially leading to the worst energy crisis.
The International Energy Agency (IEA) has identified several demand-side measures aimed at easing the strain on crude oil prices, which have been impacted by disruptions in the Gulf region.
The International Energy Agency (IEA) has recommended that people change how they travel, work, and cook, including working from home and driving more slowly, to save energy and tackle the ongoing energy price crisis exacerbated by the Iran war.
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The International Energy Agency (IEA) has advised individuals and countries, including Australia, to work from home, reduce air travel, and cut speed limits as strategies to manage the impact of rising energy prices and guard against potential oil shocks.
The head of the International Energy Agency (IEA) stated that more oil stocks could be released if necessary, indicating a readiness to stabilize global oil markets amidst ongoing geopolitical tensions.
Japan has decided to release oil from its strategic reserves, a move that comes as the International Energy Agency (IEA) is focusing on the Asia-Pacific region's response to the ongoing conflict in the Middle East. This decision highlights concerns about potential supply disruptions and price volatility stemming from the regional tensions.
The International Energy Agency (IEA) has outlined plans for the release of 400 million barrels of oil from strategic reserves, aiming to alleviate the surge in global oil prices caused by the ongoing war.
Of the 400 million barrels released worldwide, the International Energy Agency (IEA) counts 172.2 million barrels from stocks in the Americas, nearly 110 million...
The International Energy Agency (IEA) is calling for the 'physical protection' of cargo ships in the Strait of Hormuz, warning of a growing supply disruption if transport security is not guaranteed.
The former head of the International Energy Agency (IEA) has stated that 'the sky is the limit' as the market enters uncharted territory, suggesting significant growth potential.
The International Energy Agency (IEA) has given a vote of confidence to Greece's Vertical Corridor and enhanced LNG cooperation, considering them key initiatives to ensure energy supply security in Central Europe.
India has formally requested full membership in the International Energy Agency (IEA), a move that is described as a complex process due to various requirements and geopolitical considerations.
Big Tech Turns To Uranium As Data Center Power Demand Soars
Big Tech is considering supporting new uranium mining projects as companies need additional reliable power capacity for their huge data center expansion, according to the top executive of Canadian uranium miner NexGen Energy.
“It's coming. You've seen it with automakers. These tech companies, they're under an obligation to ensure the hundreds of billions that they are investing in the data centres are going to be powered,” NexGen Energy’s CEO Leigh Curyer said at a Melbourne Mining Club luncheon on Wednesday, as carried by Reuters.
As OilPrice reports, NexGen Energy, which is developing Canada’s largest uranium project, Rook I in Saskatchewan, has held early talks with technology companies over potential financing from data center developers, Curyer said.
The uranium developer has also discussed long-term uranium supply with data center firms.
Yet, potential funding or supply deals will not involve any changes to the control of NexGen Energy, the chief executive told Reuters.
Global electricity demand increased by 3% annually in 2025, following growth of 4.4% in 2024, the International Energy Agency (IEA) said in its recent Electricity 2026 report.
Between 2026 and 2030, the annual average growth rate would be 3.6%, driven by higher consumption from industry, electric vehicles (EVs), air conditioning, and data centers, according to the agency.
Artificial intelligence, data centers, and advanced manufacturing support the return to growth in power demand in advanced economies, the IEA said.
U.S. electricity demand rose by 2.1% in 2025 and is expected to grow by nearly 2% annually through 2030. The rapid expansion of data centers will drive half of the increase, the agency noted.
The U.S. is backing nuclear power generation to help meet rising electricity demand.
Nuclear energy will be one of the winners of the U.S. AI and data center boom, as Microsoft and other hyperscalers have been looking to purchase zero-carbon electricity to power up their data centers, which are consuming growing amounts of electricity.
Tyler Durden
Wed, 02/18/2026 - 11:45