The IEA maintains its forecast of a peak in demand for all fossil fuels (oil, gas and coal) “by the end of the decade”. Along with nuclear power, low-emission energy sources “are expected to produce more than half of the world’s electricity before 2030,” says the IEA.
More than half of the planet’s electricity will be of low-carbon origin by the end of the decade, but the world is still “far from an aligned trajectory” with carbon neutrality objectives, said Wednesday the International Energy Agency (IEA) in a report.
“In the history of energy, we have experienced the age of coal and the age of oil, and we are now entering at high speed the age of electricity, which will define the global energy system in the future. future and will be increasingly based on clean electricity sources,” said IEA executive director Fatih Birol, quoted in the organization’s annual report, World Energy Outlook 2024.
In this report, the IEA maintains its forecast of a peak in demand for all fossil fuels (oil, gas and coal) “by the end of the decade”, forecasts that run counter to those of the industry oil and gas industry and the Organization of the Petroleum Exporting Countries (OPEC).
“With nuclear energy, which is the subject of renewed interest in many countries, low-emission (energy) sources” such as wind and solar “are expected to produce more than half of global electricity before 2030,” says the IEA.
The OECD energy agency describes a thirst for electricity driven by industry, electric mobility, the needs of AI and the 11,000 data centers around the world and air conditioning.
If “the growing momentum in favor of clean energy transitions” is there, “the world is still far from a trajectory aligned with its carbon neutrality objectives” in 2050, however underlines the IEA which calls for an acceleration.
“A record level of clean energy was installed globally in 2023, but two-thirds of the increase in energy demand was still met by fossil fuels,” notes the IEA.
Sami Nemli With Agency / ECO Inspirations
