IEA estimates Asia to utilize 50 percent of world’s electric...| MENAFN.COM

Saturday, 25 March 2023 10:23 GMT

IEA estimates Asia to utilize 50 percent of world’s electricity by 2025

(MENAFN) Asia is going to utilize 50 percent of the world’s electricity within the next two years for the first time, even as Africa carries on to use way lower than its stake of the international population, as shown by a recent estimate issued on Wednesday by the International Energy Agency.

Much of Asia’s electricity usage is going to be in China, a country of 1.4 billion people whose stake of worldwide intake is going to surge from 25 percent in 2015 to a third by the middle of this decade, the Paris-located body stated.

“China will be consuming more electricity than the European Union, United States and India combined,” according to Keisuke Sadamori, the IEA’s director of energy markets and security.

In comparison, Africa — home to nearly a fifth of world’s around 8 billion inhabitants — is going to account for only 3 percent of worldwide electricity intake in 2025.

“This and the rapidly growing population mean there is still a massive need for increased electrification in Africa,” in line with Sadamori.


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