Content |
Main article: World Economy
Power of countries and regions
Directions of Energy Development
Chronicle
2023
Growth in global electricity consumption by 2% to 620 exajoules
In 2023, the volume of primary energy consumption on a global scale reached a record value of approximately 620 exajoules (EJ). This is 2% more compared to the previous year. Such data are given in the report of the Energy Institute organization, published on June 20, 2024.
It is noted that the world consumption of fossil fuels in 2023 rose on an annualized basis by 1.5%, amounting to 505 EJ, which is the maximum value in the entire history of statistics collection. In particular, coal consumption increased by 1.6% year-on-year, oil - by 2% (for the first time exceeding 100 million barrels per day). At the same time, gas consumption on an annualized basis has practically not changed.
Electricity production from renewable sources, excluding hydropower, rose 13% in 2023 - to a record high of 4,748 TVt·ch. This growth was almost entirely due to wind and solar energy. In general, the share of renewable sources excluding hydropower in the total energy balance was 8% against 7.5% in 2022. Taking into account hydropower, the indicator reached about 15%.
Gas demand in Europe fell 7% in 2023 after declining 13% in 2022, the report said. Russia's share in gas imports to the EU amounted to 15% against approximately 45% in 2021. In Europe, the share of fossil fuels has fallen to below 70% of total primary energy consumption - the first time since the Industrial Revolution: driven by reduced demand and rising renewable energy rates. The share of fossil fuels in the United States fell to 80%.
In India, fossil fuel consumption rose 8% to 89% of total consumption in 2023. For the first time in this country, more coal was used than in Europe and North America combined. And in Africa, primary energy consumption fell by 0.5% in 2023[1]
Growth in electricity generation at coal-fired thermal power plants by 1.6% to 10.61 trillion kVt·ch
At the end of 2023, electricity generation at coal-fired thermal power plants (TPPs) on a global scale reached 10.61 trillion kVt·ch. For comparison, a year earlier, the figure was 10.44 trillion kVt·ch. Thus, on an annualized basis, growth was recorded at 1.6%, as stated in the report of the International Energy Agency (IEA), published on January 24, 2024.
In July 2023, the IEA predicted a decrease in coal TPP production at the end of this year by 0.4% (to 10.41 trillion kVt·ch), and in 2024 - by 1% (to 10.31 trillion kVt·ch). However, instead, in 2023, an increase in production was demonstrated, which is associated with high gas prices in the formed geopolitical situation. The report says that in 2023, electricity generation from gas amounted to 6.64 trillion kVt·ch against 6.61 trillion kVt·ch in 2022. That equates to a 0.5% year-on-year increase.
In general, global electricity demand rose 2.2% in 2023 to kVt·ch 27.68 trillion. It is noted that in China, India and many countries of Southeast Asia there was a steady increase in electricity demand. At the same time, consumption in advanced economies has significantly decreased due to the unfavorable macroeconomic situation and high inflation: these factors have led to a decrease in the workload of industrial enterprises.
The authors of the study note that by the beginning of 2025, renewable energy sources will provide more than one third of the total electricity production in the world, overtaking coal-fired TPPs. The share of "green" energy sources in total production will grow from 30% in 2023 to 37% in 2026. Moreover, according to experts, this growth will largely be ensured by the emergence of increasingly cheaper solar photovoltaic systems.[2]
2022 Data centers account for 1-1.5% of global electricity consumption
In 2022, data centers accounted for about 1-1.5% of global electricity consumption. This is evidenced by data from the International Energy Agency (IEA), which was released in September 2024. Read more here.
2020
2010
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |