India and China, Leaders of Electrical Growth in 2024-2025

India and China will dominate global electricity demand in 2024-2025, with increases of 8% and 6.5%, according to the IEA, driven by economic growth and heat waves.

Share:

Croissance électricité Inde Chine

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Global demand for electricity is set to grow significantly in 2024-2025, driven mainly by India and China.
These two nations will see their electricity needs increase by 8% for India and 6.5% for China in 2024.
This increase is driven by strong economic growth and intense heat waves.

Economic and energy context

Global electricity demand is set to rise by 4% in 2024 and 2025, outstripping global GDP growth forecast at 3.2%.
In Asia, rapid economic expansion is driving energy demand.
India, which is experiencing rapid economic growth, will see its electricity consumption rise by 8% in 2024, mainly due to increased cooling requirements in the face of prolonged heat waves.
To meet this demand, but also to make a profit on resale, India has increased its imports of Russian gas.
In China, demand for electricity is set to grow by 6.5% in 2024, continuing the trend observed in recent years.
The transition to an economy less dependent on heavy industry is not hampering energy demand, supported by the growing production of solar panels, electric vehicles and batteries.

Trends in the European Union and the United States

In the USA, electricity demand is set to rise by 3% in 2024 and 1.9% in 2025, underpinned by an improving economy and increased demand for air conditioning due to heat waves.
In Europe, the EU sees a 1.7% rise in electricity demand in 2024, although economic uncertainty persists.
Wind and photovoltaic power generation in the EU will outstrip fossil fuel generation in 2024.
The share of wind and solar power in total electricity production rises from 26% in 2023 to 30% in 2024, and to 33% in 2025.

Expansion of Nuclear Production

Global nuclear production reaches a new peak in 2025, with increases of 1.6% in 2024 and 3.5% in 2025.
France increases its nuclear output following maintenance work, and Japan restarts its reactors.
New reactors come on stream in China, India, South Korea and Europe.
These projections show a sharp rise in global electricity demand, driven by rapid industrialization, growing cooling needs and a transition to renewable and nuclear energy sources.

India is implementing new reforms to effectively integrate renewable energy into the national grid, with a focus on storage projects and improved contracting.
China added a record 264 GW of wind and solar capacity in the first half of 2025, but the introduction of a new competitive pricing mechanism for future projects may put pressure on prices and affect developer profitability.
The government confirmed that the majority sale of Exaion by EDF to Mara will be subject to the foreign investment control procedure, with a response expected by the end of December.
A week before COP30, Brazil announces an unprecedented drop in greenhouse gas emissions, driven mainly by reduced deforestation, with uneven sectorial dynamics, amid controversial offshore oil exploration.
The Catabola electrification project, delivered by Mitrelli, marks the first connection to the national grid for several communities in Bié Province.
The Algerian government plans a full upgrade of the SCADA system, managed by Sonelgaz, to improve control and supervision of the national electricity grid starting in 2026.
Facing annual losses estimated at up to $66mn, SEEG is intensifying field inspections and preparing the rollout of smart meters to combat illegal connections.
The British government confirms its ambition to decarbonise the power sector by 2030, despite political criticism and concerns over consumer energy costs.
Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.
Electricity demand, amplified by the rise of artificial intelligence, exceeds forecasts and makes the 2050 net-zero target unattainable, according to new projections by consulting firm Wood Mackenzie.
Norway's sovereign wealth fund generated a €88 billion profit in the third quarter, largely driven by equity market performances in commodities, telecommunications, and finance.
The German regulator is preparing a reform favourable to grid operators, aiming to adjust returns and efficiency rules from 2028 for gas pipelines and 2029 for electricity networks.
Bill Gates urges governments and investors to prioritise adaptation to warming effects, advocating for increased funding in health and development across vulnerable countries.
The Malaysian government plans to increase public investment in natural gas and solar energy to reduce coal dependency while ensuring energy cost stability for households and businesses.
The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.
Oil major ExxonMobil is challenging two California laws requiring disclosure of greenhouse gas emissions and climate risks, arguing that the mandates violate freedom of speech.
The European Court of Human Rights ruled that Norway’s deferral of a climate impact assessment did not breach procedural safeguards under the Convention, upholding the country’s 2016 oil licensing decisions.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
As oil production declines, Gabon is relying on regulatory reforms and large-scale investments to build a new growth framework focused on local transformation and industrialisation.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.