The January 2022 edition of the IEA’s semi-annual Electricity Market Report analyses the extraordinary rebound in global electricity demand that took place in 2021, examining the key factors driving the growth and assessing how different generation sources responded, as well as the effects on electricity markets, prices and greenhouse gas emissions. Building on the analysis of these recent developments, the report forecasts demand, supply and emissions in global electricity markets through 2024.
The IEA published its first ever Electricity Market Report in December 2020, which focused on developments in the world’s electricity markets amid the Covid-19 pandemic. The mid-2021 edition of the Electricity Market Report was released in July 2021. This is the third edition of the report.