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Global electricity consumption continues to rise faster than population

Global electricity consumption continues to increase faster than world population, leading to an increase in the average amount of electricity consumed per person (per capita electricity consumption), according to the US Energy Information Administration’s (EIA) International Energy Statistics.

Electricity is used most commonly in buildings for lighting and appliances, in industrial processes for producing goods, and in transportation for powering rail and light-duty vehicles. Nearly all of the increase is attributable to growing electricity consumption in developing countries outside the Organization for Economic Cooperation and Development (OECD).

News Item details


Journal title: Petroleum Review

Subjects: Electricity markets - Forecasting -

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