Global coal usage is likely to reach a record high in 2023 as demand in emerging and developing economies remains strong, the International Energy Agency (IEA) said in a report. Demand for coal is seen rising 1.4% in 2023, surpassing 8.5 billion metric tonne for the first time as usage ...
January 10, 2023- The U.S. Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. According to EIA’s JanuaryShort-Term Energy Outlook(STEO), global liquid fuel consumption will exceed 100 m...
Coalusehasreturnedtogrowth,andbothcoalandoildeclinedsharplyinthepandemicyear2020 Source:Friedlingsteinetal2024;GlobalCarbonProject2024 Energyusebysource Consumptionofnaturalgaswasflatin2023,butoilexceededitspre-pandemiclevel. Renewableenergycontinuedtogrow,butneedstogrowevenfastertoreplacefossilenergyconsumption. ...
Oil consumption worldwide reached approximately 100.2 million barrels per day in 2023. This was an increase of around three percent in comparison to the previous year, when global oil consumption experienced a drop as a result of the pandemic-enforced mobility restrictions which, in turn, led to...
Over the past half a century, the world's electricity consumption has continuously grown, reaching approximately 27,000 terawatt-hours by 2023. Between 1980 and 2023, electricity consumption more than tripled, while the global population reached eight billion people. Growth in industrialization and el...
Compared to 2019 emissions, 2022 emissions were 0.6 Gt higher, and the latest estimates for the full year 2023 are 0.4 Gt higher than 2022 levels. This is largely driven by an increase in coal emissions in emerging economies, which contributed 80 percent to overall growth in coal consump...
ZHANG SIRAN Beijing "In 2024, China's economic development will focus on boosting consumption and investment, deepening reforms in key areas and prioritizing employment to improve people's livelihoods and ensure economic stability. Zhang ...
"The world's growing demand for electricity is set toaccelerate, adding more than double Japan's current electricity consumption over the next three years," said IEA Executive Director Fatih Birol. "The good news is that renewables and nuclear power are growing quickly enough to meet almost all...
Thus, specific policy efforts that targeted coal-power production reduction are critical, for example, reductions in multilateral development banks’ financing of coal projects and national limits on coal consumption. In addition, given that climate change is affecting the world as a whole and given ...
Data from the NEA showed that the share of non-fossil energy consumption increased from 9.7 percent in 2012 to 17.5 percent in China last year. Zhang said China has led the world in energy efficiency growth, with a consumption growth rate of less than 3 percent annually, contributing to ...