The world’s electricity demand is expected to surge by 30% over the next decade as data centers, electric vehicles, and demand for heating and cooling drive increased consumption, a new report by Rystad Energy says. Renewable power generation, especially solar energy, is expected to be crucial to meeting the electricity demand growth, found the report cited by Bloomberg. Renewable energy is forecast to provide 55% of all electricity globally by 2035, raising its share from 34% today, according to the energy intelligence…
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