According to Xinhua news agency, the International Energy Agency (IEA), headquartered in Paris, France, released its 2021 global energy review report on the 20th. It is estimated that the global energy demand will increase by 4.6% in 2021, and the global energy related carbon dioxide emissions will increase by 4.8%.

According to the report, global energy demand declined by 4% in 2020, which was the biggest drop since the Second World War, which was affected by COVID-19. According to the latest statistics of global energy demand in the first quarter of this year, the epidemic continues to affect energy demand. However, the IEA predicts that global energy demand will increase by 4.6% in 2021 compared with last year as countries lift anti epidemic restrictions and usher in economic recovery.

Specifically, in 2021, the global average daily oil demand is expected to increase by 5.4 million barrels over the same period last year, with a year-on-year increase of 6%; driven by the power industry, the global coal demand is expected to rebound strongly this year, with a year-on-year increase of 4.5%; driven by the Asian and Middle East markets, the global natural gas demand will also rise by 3.2% over the same period last year.

This year, global renewable power generation will grow by more than 8% year-on-year and is expected to reach 8300 terawatt hours (TWH), the largest annual increase since the 1970s. Solar photovoltaic power generation and wind power generation will account for two-thirds of the growth of renewable energy power generation. This year, China’s renewable energy generation is expected to account for about half of the world’s incremental capacity, followed by the United States, the European Union and India.

The IEA said global electricity demand is expected to grow by 4.5% year-on-year in 2021, driven by increased economic activity and rapid economic growth in major emerging economies such as China.

This year, global nuclear power generation is expected to increase by 2% over the previous year. During the second half of 2020 and the first quarter of 2021, there will be seven new nuclear reactors on-line and three decommissioned; by the end of 2021, there will be up to 10 nuclear reactors connected to the power grid.

According to the International Energy Agency (IEA), in 2021, with the surge in demand for coal, oil and natural gas and the economic recovery, global energy related carbon dioxide emissions will increase by more than 1.5 billion tons, or 4.8%, compared with the previous year, which is close to the peak from 2018 to 2019.