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EVs power up, oil demand growth slows: 2024’s rapid global energy shift – IEA

  • Electrek faviconElectrek

    By Michelle LewisMar 24, 2025, 1:00 am387 ptsTop
    photo of EVs power up, oil demand growth slows: 2024’s rapid global energy shift – IEA imageGlobal energy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by nearly 1,100 terawatt-hours – a hefty 4.3% increase – nearly twice the annual average growth of the past…
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