IRENA proposes global electrification target of 35% by 2035 – pv magazine Internationalhttps://www.pv-magazine.com/2026/05/21/irena-proposes-global-electrification-target-of-35-by-2035/A revised 1.5 C scenario calls for a significant increase in the role of electricity in the global energy system, rising from around 23% today to the 35% target by 2035, then to above 50% by 2050 at which point electricity would be the dominant energy carrier in the global energy system.
IRENA’s report says this rising demand for electricity will be met mostly by renewables. It sets a target of 18.4 TW of global installed renewable capacity by 2035, increasing to 38.2 TW by 2050, to meet targeted electrification. Global renewables capacity reached 5.14 TW by the end of 2025, according to a recent IRENA report.