Think electricity

Global statistics continue to reaffirm the role of electricity as the future dominant energy carrier. More and more energy services are being electrified, including through electric vehicles, while new sources of large-scale demand, such as data centres, are emerging at pace. The International Energy Agency has already proclaimed this the ‘Age of Electricity’, as electricity demand outpaces overall energy demand. It is forecasting that global electricity demand will increase at a yearly rate of 3.6% from 2026 to 2030; at least 2.5 times faster than overall energy demand.

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