World’s Top New Electricity Source by 2025
The International Energy Agency’s latest Electricity Market Report 2023 brings news of a significant change in the global energy landscape. Projections indicate that 90% of the new upcoming demand for electricity, from now until 2025, will be met by clean energy sources like wind, solar, and nuclear power.
This shift is also expected to make renewables the dominant global electricity source within the next three years, accounting for 35% of the world’s electricity and surpassing coal. The report highlights the desire for increasing sustainable energy solutions. The future seems geared towards renewables taking a leading role in meeting the world’s growing electricity needs.