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Tuesday, October 20, 2026Updated 12:05 UTC

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Electric Motors Consumed 53% of Global Electricity in 2023, IEA Data Shows

Source: Bitcoin News · Oct 20, 2026 05:30 UTC

Torn U.S. one-dollar bill on a white background — File photo Images_of_Money / Flickr · CC BY 2.0 · Source

The Quick Take

Electric motors drew 13,462 TWh of electricity in 2023, with motor-driven loads accounting for 72% of power use in industry and 87% in agriculture. Many still run at constant speed even when demand fluctuates, and researchers say demand-based speed control could cut motor electricity use by as much as 25%, trimming global consumption by about […]

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