Electrification

The world is entering a new Age of Electricity. Since 2019, electricity demand has grown more than twice as fast as overall energy use, driven by electric vehicles, heat pumps, air conditioning, industrial electrification, data centres and artificial intelligence. This landmark report from the International Energy Agency (IEA) was developed at the request of Türkiye and Australia in the framework of the strategic partnership between the IEA and COP31. It provides a comprehensive assessment of how far and how fast electrification can advance across sectors and regions, and what it means for energy security, affordability and emissions.