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Rising electricity demand drives urgent need for diverse, resilient energy, IEA says

Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources, according to an analysis released on Wednesday.

The report by the International Energy Agency (IEA) said renewable energy, led by solar power, will grow faster than any other major source in the next few years and that coal and oil demand will likely peak globally by the end of this decade.

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