There are several conventional methods by which energy is being stored such as flywheels, batteries, compressed air, & pumped ...

India's power demand to grow at 6.3% annually till 2027, driven by rising affluence and increasing electrification.

China and the US face similar challenges — rising electricity demand from data centers and manufacturing.

While advanced economies still consume most of the world’s total electricity, emerging and developing economies, led by China, are expected to account for 85% of global demand growth through 2027.

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that air conditioning is becoming a major driver of global electricity demand. According to the IEA, worldwide electricity use will ...

Says N'American supply compounded output declines in Nigeria, Libya in JanuaryThe International Energy Agency (IEA) has projected global oil demand growth to average 1.1 million barrels per day (mbd) ...

Global tech leaders sat down to clarify key issues and explore potential agreements on AI frameworks at the AI Action Summit.

The World Bank and IMF study highlights that removing fossil fuel subsidies in MENA is more effective than a modest carbon tax in reducing CO₂ emissions, with no negative impact on long-term economic ...

Emerging economies will account for 85% of the growth. Data centers and electric vehicles will also boost demand in richer ...

President may have little sway over drilling, but EV and tariffs could have an impact on the crude market trajectory ...

A new report from the International Energy Agency (IEA) has shown that solar PV made up 7% of the world's electricity ...

Global electricity demand is anticipated to increase by 4% each year up to 2027, according to a report by the IEA.