29,346
TWh
Global Production
IEA – Electricity Market Report 2024
Includes all sources of electricity generation (fossil fuels, nuclear, renewables).
+2.3%
YOY % Change
Provenance
Power generation sources vary significantly by country and region, including coal, natural gas, nuclear, hydroelectric, and renewable sources.
Impact
The power sector is central to economic development worldwide, providing the energy needed for industry, commerce, and daily life. It drives technological innovation in energy production and distribution. The diversification of power sources contributes to energy security and supports the growth of new industries.