Electricity Market Report - July 2021

Electricity Market Report July 2021 Shutterstock 1896943660

About this report

When the IEA published its first Electricity Market Report in December 2020, large parts of the world were in the midst of the Covid-19 pandemic and its resulting lockdowns. Half a year later, electricity demand around the world is rebounding or even exceeding pre-pandemic levels, especially in emerging and developing economies. But the situation remains volatile, with Covid-19 still causing disruptions. Despite record additions of renewable generation capacity, fossil fuel-based generation and associated emissions are rising along with electricity demand. This mid-2021 edition of the Electricity Market Report highlights recent developments and forecasts demand, capacity, supply and emissions through 2022. The report also analyses electricity market prices and electricity security.