Global energy consumption peaked at some 620 exajoules in 2023 after growing steadily over the past decades. The Asia Pacific region consumed close to 50 percent of this amount. With growing populations of more than 1.4 billion people, China and India are currently among the
, together with the United States and Russia. Their
in 2023.
Most consumed fuel types globally
Although the relative contribution of fossil fuels to primary energy consumption worldwide has declined over the past decades, their overall
consumption has reached a record-high in 2023. Oil is the most important
source of energy consumed in the world, at over 30 percent in 2023. It is followed by coal and natural gas, both with a contribution of approximately 25 percent. By comparison, renewable energy sources accounted for approximately eight percent of primary energy use that year. Biomass was the largest
source of renewable energy consumed in 2023, despite wind and solar power generation growing by approximately 15 and 25 percent year-over-year over the past decade.
Growth in electricity consumption
Global electricity consumption has grown to over 27,000 terawatt hours per year in light of strong economic performance by BRIC countries and the championing of electrification. In 2023, the
global rate of electricity in the total final energy consumption was around 19 percent, ranging between 25 percent in Asia and 9.6 percent in Africa. China, the U.S., Russia, and India have the highest
electricity consumption of any country worldwide. Electrification has been deemed one of the most crucial tools for reducing greenhouse gas emissions as it allows for the use of renewables across multiple sectors.
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