Electric power in OECD countries is mostly produced by large central generating stations, then transmitted along high voltage lines to local distribution systems that carry it to final consumers. Distributed generation plants are different. They produce power on an electricity consumer’s own...

The year 2021 placed exceptional demands on electricity markets around the world. Strong economic growth, combined with more extreme weather conditions than in 2020, including a colder than average winter, boosted global electricity demand by more than 6% – the largest increase since the...