⚡ The Age of Electricity
Global demand for energy is setting records as we step into the 'Age of Electricity.'
Humans have lived through many ages: the Stone Age, the Bronze Age, the Iron Age, as well as the Information and Digital Age. Now, we are stepping into the Age of Electricity.
Let’s take a more detailed look at this incredibly profitable scheme as it begins to unfold:
Global electricity demand is soaring. According to both the International Energy Agency (IEA) and the World Economic Forum, global electricity demand is rising faster than any other form of energy.
By 2025, electricity is expected to account for nearly one-third of total energy use, driven by digital infrastructure such as the IoT, data centers, electric vehicles, electrified industry, cryptocurrency mining, cloud services, and even AI among other sectors.
We’re living in 24/7 mode, where electric downtime isn’t considered an option, expecting electricity to be available all the time… and willing to pay a high price for it, too. Electricity prices are up all around the world.
Emerging and developing economies are leading this surge, but advanced economies are also experiencing a return to growth in energy demand. Everyone’s electrifying ever more so.
Over the last decade, investment in power grids globally amounted to $300-400 billion per year. The International Energy Agency (IEA) believes this will double by 2030.
The world will expand its power grid infrastructure, as growing electrification, integration of diverse energy sources, and climate change require modern electricity networks.
Electricity is no longer “just” a utility — it’s a geopolitical asset, a currency of innovation, and a new layer of infrastructure sovereignty.
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