Global Electricity Demand to Surge; Renewables and Nuclear Power to Meet Half of Needs by 2026

Renewable energy set to overtake coal in 2025, while nuclear power output is expected to reach a record high, marking a significant shift in global energy production.

• Global electricity demand is expected to increase at an average rate of 3.4% through the end of 2026, primarily driven by countries such as China, India, and Southeast Asia.
• By 2026, about 50% of the world's electricity will come from low-emission sources, including renewables and nuclear power, up from just under 40% in 2023.
• Renewable energy is set to surpass coal as the top source of energy for electricity production globally in 2025, with solar panels playing a significant role.
• Global nuclear power generation is expected to reach a historic high in 2025, with increased output from France, the reactivation of several plants in Japan, and the installment of new reactors in China, India, South Korea, and Europe.
• The proportion of fossil fuels in global electricity generation is expected to dip below 60% in the coming years, marking the first fossil fuel decline in more than half a century.

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