Saturday, February 18, 2023

Asia’s Share Of Global Electricity Consumption Is Growing

  • Asia’s electricity consumption has grown significantly over the past 23 years.

  • Increased demand, especially in China, has increased the region’s share of global energy use.

  • Asia has been increasing its use of renewable electricity sources but, in part because of its giant demand, also relies on coal-fired electricity in many places.

In the year 2025, countries in Asia will use half of the electricity in the world. 

As Statista's Katharina Buchholz reportsaccording to the International Energy Agency, Asia's share of global electricity consumption has been rising quickly from just around a quarter in the year 2000.

You will find more infographics at Statista

China is the biggest factor in this transformation. While in 2000, it used just 10 percent of the world's energy, that share is predicted to be up to 33 percent in 2025.

While Chinese population growth has now reversed, a rising standard of living is still driving rising electricity demand, for example in air conditioning. Other large countries in Asia are expected to be growing in population until the second half of the current century, meaning even more demand for electricity as these nations are growing in the number of their people and the progress of their development. Asia has been increasing its use of renewable electricity sources but, in part because of its giant demand, also relies on coal-fired electricity in many places. China, for example, has hugely grown both electricity sources in tandem.

Despite the ongoing construction in coal-power plants, emissions caused in China are expected to begin falling soon while remaining on a high level. Because of their different developmental timelines, emissions from other Asian nations are expected to keep rising. However, their individual share in Asian emissions is much smaller to begin with.

By Zerohedge.com

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