Global Energy Demand Rises as Power Consumption Jumps

Demand to power AI, cryptocurrency grows

As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.

The Rising Demand For Electricity Is About More than AI

How much will AI drive up power demand in the next few years? That’s been the big question at the center of the energy and climate conversation recently. Many analysts have warned that AI-driven electricity usage is expected to more than double in the next five years as consumers and businesses find varied applications for the technology. But others urge caution: not all data centers in the planning process will ultimately be built and AI could …

Chart: Even as new clean energy breaks records, emissions rise

See more from Canary Media’s "Chart of the week” column . Two opposing forces are tugging at the global energy transition: the inexorable rise of clean energy and the insatiable demand for electricity. Last year, over 700 gigawatts of clean energy capacity were installed worldwide, per a March International…

Renewables surged in 2024 — but so did fossil fuels

The world is grappling with an energy crisis — not one of scarcity, but one created by overwhelming demand. More energy-hungry data centers and AI algorithms are coming online. Developing countries are using more energy to support their people and industries. And as the world electrifies — replacing gas cars with electric vehicles, for instance — it will use ever more power. So the electrical grid doesn’t just need renewables (and batteries to s…

WEEK'S FIGURES. Electricity consumption increased by 4.3% in 2024, while natural gas production increased by 2.7% and coal by 1%.

Global Energy Demand Rose in 2024, but Most Additional Need Was Met by ‘Low-Emissions Sources’: IEA Report

Global temperatures caused the world’s energy demand to rise at a faster-than-average pace in 2024, with increased renewables and natural gas supplying most of the additional energy needs, according to the Global Energy Review 2025 from the International Energy Agency (IEA). Following years of declines, energy consumption in advanced economies went up again, driving increased demand for renewables, gas, nuclear and coal, a press release from IEA…