Global power demand to grow 3.6% in 2026 as renewables overtake coal: IEA
India, July 24 -- Global electricity demand is expected to grow by 3.6% in 2026 and 3.8% in 2027, driven by industry, electric vehicles, cooling, appliances and data centres.
The IEA says renewable electricity generation is set to overtake coal globally in 2026, after reaching near parity in 2025.
India's electricity demand is forecast to rebound by 7% in 2026, supported by industrial activity, services growth and heatwave-driven cooling demand.
India crossed 100 GW of variable renewable energy supply for the first time in July, even as rising evening peaks continue to strain the grid.
Global electricity demand is expected to grow by 3.6 per cent in 2026 and a further 3.8 per cent in 2027, driven by rising consumption from industry, e...
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