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Renewable Resources made up 32 %of global electricity production in 2024

News Consumer protection General Updates
Date: 8th Apr, 2025 Source: Ministry of Trade (Ticaret Bakanlığı) Country: Turkey Original Source

Brief

On August 04, 2025, the Ministry of Trade issued an update regarding Renewable Resources made up 32% of global electricity production in 2024. The surge in global electricity demand, largely driven by heatwaves and increased activity at data centers, resulted in a 4% rise in total power consumption worldwide. This trend is expected to further escalate renewable energy demands by 2025, potentially fueled by growing concerns over energy security amidst the escalating trade war triggered by US President Donald Trump's comprehensive tariffs.

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Ministry of Trade (Ticaret Bakanlığı)

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