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A new International Energy Agency (IEA) analysis says electricity could supply about 33% of global final energy use by 2035, up from 23% today, and supports a proposed COP31 pledge to reach 35% electrification by 2035. The report, commissioned by Türkiye and Australia ahead of the UN climate conference in Antalya in November 2026, says the shift is feasible and could deliver economic and energy-security benefits even as current price spikes are expected to ease.
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