Russia’s invasion of Ukraine in February and a global energy crisis sparked fears that clean energy and net-zero emission targets were being scrapped in the name of energy security. But as it turns out, the spike in fossil fuel use was just a blip, as the next few years are set to see low-carbon energy sources generate a record share of the world’s electricity.
After stalling in 2022 due to high prices and economic slowdowns, global electricity consumption is expected to return to growth in the coming years, increasing 3% faster than 2022 levels each year between now and 2025, according to a report by the International Energy Agency released Wednesday.
