While global demand for electricity is expected to grow strongly in 2025 and 2026, forecasts for the EU are more modest, with growth of 1.1% expected in 2025 and 1.5% in 2026. These are the findings of the International Energy Agency (IEA) in its report on electricity for the first half of 2025, published on 30 July.
“While the demand contraction in the EU industrial sector came to a halt in 2024 following consecutive declines in 2022 and 2023, a significant recovery has still not been...