New podcast episode explores how energy crisis is shaping investment trends

The latest episode of the IEA’s Everything Energy podcast looks at how the current international energy crisis – the second in five years – is reshaping and reinforcing key energy investment trends around the world.

In the episode, which is available now on Apple Podcasts and Spotify, IEA experts Kirsten Smith and Cecilia Tam dive into key findings from the recent World Energy Investment 2026 report. As energy security concerns intensify – and with many countries increasingly looking to meet demand with domestic energy sources – they discuss the implications across different sectors, including oil, gas, coal, nuclear, renewables and electricity. They also speak about how investment in energy efficiency is evolving and how the crisis could affect the cost of capital for energy projects.

The Everything Energy podcast offers insights and perspectives from the IEA on leading global energy issues. In recent episodes, IEA experts have unpacked the evolving relationship between energy and AI and the state of hydropower, as well as a number of topics linked to the ongoing energy crisis stemming from the war in the Middle East – including on the IEA’s historic release of emergency oil stocks, how the crisis is playing out across Southeast Asia, and 10 options to help shelter consumers from the effects of higher oil prices. All past episodes are available here.

"We are in the midst of the largest energy security crisis the world has ever faced – and I believe this will reshape investment strategies globally, with parallels to the major changes the energy world witnessed after the oil shocks of the 1970s"

Fatih Birol
Executive Director, IEA