TAC-311DG By 2030, industrial electrification will boost global electricity consumption by 14,700 TWH
Global corporate electricity consumption is expected to grow from 11,579 TWH in 2023 to 14,704 TWH in 2030, with Asia’s share increasing from 50 percent to 57 percent over the same period, according to global technology consultancy ABI Research. Much of this growth will be driven by widespread electrification of verticals. “Business and industry electricity…