Growth in low-emissions power expected to cover demand – IEA

Power generated from low-emissions sources, such as wind, solar and nuclear, will be adequate to meet growth in global demand for the next three years, the International Energy Agency (IEA) said, adding power sector emissions are on the decline. Following record growth, electricity generation from low-emissions sources will account for almost half of the world's power by 2026, up from less than 40% in 2023, the IEA said in report on Wednesday. Renewables are expected to overtake coal by early 2025, accounting for more than a third of total electricity generation, the report said.