{
  "id": 9346960,
  "title": "Electricity could meet a third of global consumption by 2035",
  "url": "https://urgent.news/2026/09/23/electricity-could-meet-a-third-of-global-consumption-by-2035",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-23T14:16:18.000Z",
  "source": {
    "name": "Semafor",
    "slug": "semafor",
    "url": "https://www.semafor.com/article/09/23/2026/electricity-could-meet-a-third-of-global-consumption-by-2035"
  },
  "original_language": "en",
  "account": "The International Energy Agency (IEA) predicts that electricity could account for a third of global energy consumption by 2035, according to a recent analysis. The organization is confident that existing technologies and pre-war energy prices make this goal achievable, potentially making current energy demand even more cost-effective to meet through electrification, especially in light of high energy prices stemming from the Middle East conflict.\n\nThe IEA, based in Paris, proposes that countries collectively aim to raise the share of electricity in total energy use to 35% by 2035, an increase from the current 23%. This proposal will be discussed at the COP31 climate summit, which Turkey is hosting in November.\n\nThe agency emphasizes that electrification should be supported by \"diverse and sustainable energy sources,\" though it does not rule out the use of coal, oil, or gas in generating electricity. The IEA estimates that fuel-importing countries could reduce their energy import bills by over $400 billion between now and 2035 if they speed up the electrification of their economies.\n\nWhile generating electricity from gas could partially offset the need for energy imports, the IEA notes that it would not fully reverse the reductions in imports.",
  "summary": "High energy prices caused by the Middle East conflict could make even more of today’s energy demand economical to electrify.",
  "key_points": [
    "Electricity could make up a third of global energy consumption by 2035",
    "IEA predicts 35% electricity share by 2035, up from current 23%",
    "Electrification could reduce fuel import bills by over $400 billion"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}