International Energy Agency (IEA)
IEA released its 2025 World Energy Outlook, which shows the growing importance of electricity as residents start to adopt air conditioning and data centers and other large loads drive demand growth in rich countries.
New analyses report record growth for the global renewable energy sector in 2025 and project continued expansion through the end of the decade.
The International Energy Agency expects low-emissions hydrogen production to increase substantially through 2030, but not as rapidly as had been expected a few years ago.
IEA said investment in clean technologies is projected to hit $2.2 trillion this year, or about two thirds of the total energy investment.
Data centers may be driving electricity demand growth in the U.S., but air conditioning helped drive a 4.3% increase in worldwide demand in 2024.
The International Energy Agency concludes in a new global review that high cost, long delays and other challenges must be addressed before nuclear power can experience sustained growth.
The 5,500 GW of added capacity is enough to outpace the national goals of many countries but not quite enough to meet the target established at COP28: tripling the capacity by 2030.
Many recent projections for energy use have fossil fuel use plateauing after 2030, when it needs to rapidly decline to meet midcentury carbon targets, Resources for the Future said.
Worldwide CO2 emissions hit a new record in 2023 but would have climbed even higher without the rapid adoption of clean technology.
Coming off the Earth’s hottest summer on record, the conference zeroed in on the public-private partnerships needed to optimize the impact of every penny of the billions in clean energy funding in the IIJA and IRA.
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