IEA:Global Electricity Demand Has Slowed Dramatically ...Middle East

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IEA:Global Electricity Demand Has Slowed Dramatically
In its latest Electricity Market Report, the Paris-based International Energy Agency (IEA) says that global demand for electricity is already slowing sharply thanks to slowing economic growth and high energy prices. “Electricity demand growth is slowing significantly in 2022. After global electricity demand grew by a strong 6% in 2021, propelled by rapid economic recovery as COVID-19 lockdowns eased, we expect growth to slow to 2.4% in 2022--about the same as the average from 2015 to 2019,” according to the report. The agency said that…

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