Global demand

Driven by artificial intelligence (AI), cloud computing, and the digital transformation, U.S. data centers consumed an estimated 150 TWh of electricity in 2023—equivalent to around 3% of the nation’s power demand. Globally, data center demand hovered at 340 TWh in 2023—about 1.3% of worldwide electricity use. Multiple sources project this demand will surge dramatically through […]

Hit hard by response to the COVID-19 pandemic, global gas demand in 2020 is set to to tumble by twice the amount lost after the 2008 global financial crisis—its largest annual decline in history—the International Energy Agency (IEA) says in its latest annual market report Gas 2020.  As of June 2020, the fall has been […]