Breaking:

Rising Uncertainty in Energy Markets

The report cited in AI data centres, which accounted for about 1.5% of global electricity use in 2024 and could reach 1.7% this year, as well as climate-driven heatwaves that strained grids in much of Latin America and Asia-Pacific. “With at least one of the next five years expected to exceed 2024 temperatures, there is a heightened risk of unprecedented peak power demand growth,” the IGU said.