IEA: Electricity at 35% of Final Energy by 2035 Achievable but Ambitious

The IEA released an analysis indicating that electricity could reach 35% of global final energy consumption by 2035, a target that is ambitious yet achievable if competitive technology adoption accelerates. The report underscores the need for policy and investment acceleration, but does not specify concrete commitments. This signals a potential shift in energy transition timelines, with implications for fossil fuel demand and clean energy investment.