Declining electricity consumption in advanced economies is weighing on global demand growth this year
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Since the release of the IEA’s Electricity Market Report 2023 in February, the global energy crisis has continued to affect many parts of the world. Higher costs for energy commodities as well as economic slowdowns in various regions are still impacting electricity market trends across the globe. This report presents our latest data for 2022 as well as forecasts for global electricity demand, supply and emissions through 2024.