World in a Race to Expand Electricity Generation Capacity

The world is in a frantic race to expand electricity generation. According to the Global Energy Monitor, ongoing projects will increase global generating capacity by over 25%, significantly reshaping the global energy map in the coming years.

The world is witnessing a frantic race to expand its electricity generation capabilities at a time when major shifts towards clean energy are accelerating, without the momentum of fossil fuel-based projects waning. According to the Global Energy Monitor, around 1450 gigawatts of new electricity generation capacity is currently being built worldwide. Once operational, global capacity will increase from 8000 to approximately 9500 gigawatts. The data indicates that global generation capacity is set to increase by more than 25% upon completion of the ongoing projects and their integration into generation systems and electricity grids. This significant leap will reshape the global energy map in the coming years.

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2025-11-27T22:34:50+00:00

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Economy Local

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