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Nuclear Power
…new era for nuclear energy beckons as projects, policies and investments increase
As the world’s second-largest source of low-emissions electricity after hydropower, nuclear power today produces just under 10% of global electricity supply. Now, fresh momentum around the world has the potential to open a new era for nuclear energy.
Power generation from the global fleet of nearly 420 active nuclear reactors is set to reach a record high in 2025 as Japan restarts production, maintenance works are completed in France, and new reactors begin commercial operations in various markets, including China, Europe, India and Korea. Meanwhile…
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Bioenergy
Led by bioenergy, renewable fuels could approach 6% of energy demand from industry, buildings and transport in 2030
By 2030, renewable fuels are set to account for 5.5% of energy consumption from the industry, building and transport sectors. Demand is due to expand in all regions, but it is concentrated in China, Brazil, Europe, India and the United States, which collectively support more than two-thirds of the forecasted growth. All five countries and regions have dedicated support policies for several – and, in some cases, all – renewable fuels. These vary by fuel, sector and country, but they often include…
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Electric Vehicles
Global electric car sales continue to break records as affordability improves
Despite recent economic headwinds that have put pressure on the auto sector, global sales of electric cars have continued to break records as electric models become increasingly affordable. Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%. Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020.
In 2025, sales of electric cars are expected to surpass 20 million, accounting for over…
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Oil
Oil
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Aviation
Aviation
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Shipping
Shipping
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Aluminium
Aluminium
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Data Centres
Data Centres
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Carbon Capture, Utilisation and Storage
Carbon Capture, Utilisation and Storage
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Road
More stringent and broader coverage of fuel efficiency standards for light-duty vehicles is needed
For cars and vans, increasing fuel efficiency standards is important as even in the Net Zero Emissions by 2050 Scenario, nearly 80% of cars and vans on the road in 2030 are still powered with internal combustion engines. Sales of heavier, less efficient SUVs reached around 46% of global sales in 2022, while electric vehicles were just 14% of sales. More and more countries are formulating vehicle efficiency standards and some are even putting in place zero-emission vehicle sales requirements. To be in line…