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Global Energy Demand Soars 2.2% in 2024

3/24/2025

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Summary

China Drives Energy Surge

In 2024, global energy demand skyrocketed by 2.2%, fueled by a staggering 4.3% rise in electricity use amid extreme temperatures and the shift towards electric transport. Remarkably, renewables and nuclear energy powered 80% of this surge, with emerging economies, particularly China, driving over 80% of the growth.

Summary

Advanced Economies Reduce Emissions

In 2024, global CO2 emissions climbed to 37.8 billion tonnes, driven by unprecedented heat. Yet, advanced economies celebrated a 1.1% drop, marking their lowest emissions in half a century. The swift embrace of clean energy technologies since 2019 is curbing 2.6 billion tonnes of CO2 each year, signaling a hopeful turn towards sustainability.

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China Drives Energy Surge

In 2024, global energy demand skyrocketed by 2.2%, fueled by a staggering 4.3% rise in electricity use amid extreme temperatures and the shift towards electric transport. Remarkably, renewables and nuclear energy powered 80% of this surge, with emerging economies, particularly China, driving over 80% of the growth.

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