Energy Institute Report (2025)

Source: IEA
GS III: Infrastructure: Energy, Ports, Roads, Airports, Railways, etc

Overview

Why in the News?

Recently, the Energy Institute (EI) released the 74th edition of the Statistical Review of World Energy which shows data on global energy.

This edition of the Global Energy Review is the first comprehensive depiction of the trends that took place in 2024.
Across the entire energy sector, covering data for all fuels and technologies, all regions and major countries, and energy-related carbon dioxide (CO2) emissions.
The latest data show that the world’s appetite for energy rose at a faster-than-average pace in 2024.
It results in higher demand for all energy sources, including oil, natural gas, coal, renewables and nuclear power.
This growth was led by the power sector, with demand for electricity rising almost twice as fast as wider energy demand due to higher demand for cooling, rising consumption by industry, the electrification of transport and the growth of data centres and artificial intelligence.

Total energy supply rose by 2% in 2024, with all energy sources—oil, gas, coal, nuclear, hydro, and renewables registering an increase since 2006.
Natural gas generation saw the largest increase among fossil fuels, growing by 2.5%.
The largest global energy source largest global total primary energy in 2024, with 33% contribution.
Remained the largest single source of global electricity generation, growing by 1.2% in 2024 to reach 10,613 TWh, despite record investments in renewables.
For 3 years, coal production exceeded demand, with the 2024 surplus being a record.
Meets 25% of total global energy demand, and the top producers are the USA, Russia, Iran, and China (53% of global production).
Wind and solar energy expanded by 16%, growing nine times faster than total energy demand.
Wind & Solar are the fastest-growing energy sources, with China contributing 57% of new capacity globally.
Renewables (including hydro) met 32% of the total electricity supply
Rare Earth metals are Grew by 3.2%, reaching 0.4 million tonnes of total production, and China accounts for 71% of global production and 48% of global reserves.

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