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Image header Agence Europe
Europe Daily Bulletin No. 13750
Contents Publication in full By article 23 / 37
SECTORAL POLICIES / Energy

In ‘Age of Electricity’, slow development of grids and storage capacities threatens security of supply, according to IEA

In its World Energy Outlook for 2025, the International Energy Agency (IEA) emphasised on Wednesday 12 November that the world has indeed entered the “Age of Electricity”, but that security of supply depends on the development of grids and storage and flexibility capacities, which are subject to major delays.

The report states that “investments in electricity generation have charged ahead by almost 70% since 2015 to reach USD 1 trillion per year, but annual grid spending has risen...

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