Electricity Demand Outpaces Total Energy Growth in 2025, Reshaping Metal Demand Fundamentals

Iea The International Energy Agency’s latest Global Energy Review confirms what commodity markets have been pricing in for several years: electricity is pulling decisively ahead of total energy consumption, and the structural implications for copper, aluminium, silver, and battery-critical metals are becoming impossible to ignore. The 2025 data marks a pivotal inflection point — not just for energy policy, but for every supply chain that feeds the grid. The Electricity Divergence: Why the 3% Figure Matters to Metal Markets Global electricity demand grew by approximately 3% in 2025, addin...