IEA chief sees energy crisis persisting to 2027; pushes electrification to 35% by 2035

IEA Executive Director Fatih Birol stated at COP31 that the global energy crisis will persist into 2027, citing supply tightness and underinvestment. He proposed raising electricity's share of global energy to 35% by 2035 to enhance energy security and cut emissions. The outlook suggests sustained high energy prices and policy focus on electrification.

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