International Energy Agency (IEA) released Electricity 2025 Report

 International Energy Agency (IEA) Electricity 2025 Report

The IEA's Electricity 2025 report examines emerging trends such as increasing electrification, expanding power systems, and the growing share of weather-dependent energy sources in the global generation mix.

Key Highlights of the Report:

Global Overview:

• Global energy demand increased by 4.3% in 2024 and is expected to continue growing at nearly 4% annually through 2027.
• China has become the largest consumer of electricity, surpassing the US and EU.
• Global CO2 emissions from electricity generation are projected to stabilize between 2025 and 2027, following a 1% rise in 2024.
• Renewable energy sources, including solar, wind, and hydropower, are expected to account for around 95% of the electricity demand growth between 2025 and 2027.

India:

• India’s electricity demand surged by 5.8% in 2024 and is forecast to grow at an average annual rate of 6.3% from 2025 to 2027.
• India’s thermal power capacity is projected to reach 283 GW by 2032.
• Coal will continue to dominate, comprising 74% of India's power mix in 2024.
• The share of renewable energy is expected to increase from 21% in 2024 to 27% by 2027, with solar PV driving the expansion.
• Nuclear power saw a 13% rise in 2024 and is set to grow significantly, tripling from 8.2 GW to 22.5 GW by 2031-32.

Tags : UPSC 2025 current affairs preparation, UPSC current affairs January 2025, UPSC 2025 daily current affairs, Best sources for UPSC current affairs 2025, UPSC 2025 current affairs for prelims, UPSC 2025 current affairs for mains, Important current affairs for UPSC 2025, UPSC current affairs strategy 2025, UPSC 2025 current affairs notes, UPSC current affairs PDF 2025, Current affairs for UPSC 2025 preparation, UPSC 2025 current affairs online classes, UPSC current affairs quiz 2025, How to study current affairs for UPSC 2025, UPSC 2025 current affairs magazines, Current affairs for UPSC 2025 prelims and mains, Current affairs updates for UPSC 2025, UPSC 2025 current affairs analysis, Current affairs for UPSC 2025 PDF download, UPSC 2025 current affairs important topics,