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Slashdot: Renewables Soar, But Fossil Fuels Continue To Rise as Global Electricity Demand Hits Record Levels

Renewables Soar, But Fossil Fuels Continue To Rise as Global Electricity Demand Hits Record Levels
Published on June 28, 2025 at 02:30AM
In a year when average air temperatures consistently breached the 1.5C warming threshold, global COâ-equivalent emissions from energy rose by 1%, marking yet another record, the fourth in as many years. From a report: Wind and solar energy alone expanded by an impressive 16% in 2024, nine times faster than total energy demand. Yet this growth did not fully counterbalance rising demand elsewhere, with total fossil fuel use growing by just over 1%, highlighting a transition defined as much by disorder as by progress. Crude oil demand in OECD countries remained flat, following a slight decline in the previous year. In contrast, non-OECD countries, where much of the world's energy demand growth is concentrated and fossil fuels continue to play a dominant role, saw oil demand rise by 1%. Notably, Chinese crude oil demand fell in 2024 by 1.2%, indicating that 2023 may have reached a peak. Elsewhere, global natural gas demand rebounded, rising by 2.5% as gas markets rebalanced after the 2023 slump. India's demand for coal rose 4% in 2024 and now equals that of the CIS, Southern and Central America, North America, and Europe combined.

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