The energy outlook for 2024 highlights robust growth in electricity demand, driven by electrification in key sectors like residential, transport, and data centers. Renewables are projected to surpass coal in meeting global demand growth, with an emphasis on reducing CO2 emissions. The U.S. EIA provides insights on natural gas and crude oil production, consumption, and prices. Additionally, Singapore Power Group expands its renewable energy portfolio with the acquisition of two solar farms in Vietnam.

Renewable Energy Growth and Acquisitions