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Global demand for electricity is growing at a record pace, IEA says

A new report shows governments and consumers face tough choices over cheap supplies and surging electricity demand.

Renewable energy sources are expected to produce more than half of the world's electricity by 2030.
Renewable energy sources are expected to produce more than half of the world's electricity by 2030.(AN/Priamo Mendez/Unsplash)

WASHINGTON (AN) — Energy experts say we’re moving into an “Age of Electricity” – with renewable sources expected to meet almost half of all demand by the end of the decade – but there’s scant evidence the transition will lower the heat any time soon on our warming planet.

Powering the needs of artificial intelligence, digital data centers, electric vehicles and air conditioning, electricity consumption is growing faster than expected, every year adding the equivalent of Japan’s total demand to global use, the International Energy Agency reported on Wednesday.

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