Global power generation rose by 2.3% in 2022, in line with its historical trend (+2.5%/year over 2010-2019).
After a 5.7% rebound in 2021, the growth in global power generation slowed down to +2.3%, returning to its 2010-2019 average growth rate (+2.5%/year). The growth in global power generation was pulled by China (+3.7%), India (+9.7%) and the United States (+3.2%), with significant increases in Indonesia (+7.9%) and Saudi Arabia (+5.9%). Power generation also grew in the rest of Asia (especially in South Korea, Malaysia, Thailand and Japan), in Latin America (+1.9%, including +1.9% in Brazil and +2.6% in Mexico), in Canada (+2%) and in Australia (+1.9%), while it remained stable in Africa, as the growth in Algeria and Egypt was offset by a production fall in South Africa. Meanwhile, power generation contracted by 2.8% in Europe (including -3.6% in the EU), due to a 15% fall in France, that was partly offset by a higher power generation in Spain and the UK (around +6% each), in line with the lower electricity consumption. It also fell by more than 27% in Ukraine due to the war, while Russia’s power generation remained stable.
Enerdata's Global Energy and Climate Trends report analyses key statistics, the Global Stocktake and the natural gas crisis resulting from the Ukraine conflict.
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