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The energy crisis and electrification
…persist due to issues such as affordability, grid readiness or technology risk.
The IEA continues to track these developments around the world. At a recent high-level event in Bonn, the COP31 Presidencies of Türkiye and Australia announced that they had officially commissioned https://x.com/fbirol/status/2064427826934055184?s=20 the IEA to produce a special report this year on how to accelerate electrification in line with increasing electricity’s share of final energy consumption globally from around 20% today to 35% by 2035.
In the European Union, electrification is a central part of reaching goals on energy security, competitiveness…
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How the crisis is reshaping energy investment
…by a wave of new LNG export projects.
The report finds growing interest among fuel-importing countries in energy sources available domestically, including renewables, nuclear power and, in some cases, coal. And while annual investment growth in renewables has moderated following several years of rapid expansion, renewables and nuclear power still account for more than 70% of total power generation investment globally.
To learn more, read the press release https://www.iea.org/news/impacts-of-middle-east-conflict-set-to-reshape-energy-investment-plans-as-disruptions-put-focus-on-security and explore the full report https://www.iea.org…
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7 certainties about energy for this age of uncertainty
…in this time of flux, there are still some important trends that we can look to with some confidence, our Executive Director Fatih Birol writes in a new commentary https://www.iea.org/commentaries/7-certainties-about-energy-for-this-age-of-uncertainty. He identifies seven clear trends that can serve as guideposts:
The world has entered the Age of Electricity. Oil and gas will still be widely used for many years to come, but the use of electricity is growing twice as a fast as overall energy demand.
Renewables will keep growing. Despite significant headwinds, renewables are meeting a…
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How the global landscape for energy investment is changing
…to market, including ways to reduce reliance on the Strait of Hormuz.
It is also reinforcing interest among fuel-importing countries in energy sources available domestically – including renewables, nuclear power, efficiency improvements and, in some cases, coal. Investment in renewable power generation projects is expected to total around $665 billion in 2026, with well over half of it going towards solar projects alone. Nuclear investment in 2026 is expected to be 75% higher than a decade ago, while coal investment is set to reach its highest level since 2012.
To better understand how investment choices impact energy security, our analysis…
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Contending with the effects of the energy crisis
…Germany's Minister of Economic Affairs and Energy Katherina Reiche to discuss the latest developments in oil and gas markets, including the availability of refined products in Europe and internationally. And he met with https://x.com/fbirol/status/2047259183498789047?s=20 Germany’s Environment, Nature Conservation and Nuclear Safety Minister Carsten Schneider on the impacts of the Middle East conflict and the outlook for different fuels and technologies.
While in Berlin, our Executive Director addressed the high-level segment of the Petersberg Climate Dialogue, which was led by Chancellor Merz. Dr Birol’s remarks focused on the current energy crisis…
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What are the biggest sources of energy today?
…It met 27% of the world’s energy demand growth in 2025 – the first time a modern renewable source covered the largest portion of growth. Natural gas covered the next largest share, at 17%, reflecting its big role in power generation in many countries. Overall, renewable sources and nuclear met nearly 60% of all growth in energy demand in 2025.
The strong contributions of low-emissions sources in meeting rising demand was particularly visible in the electricity sector, where annual consumption increased by 3% – more than twice as fast as overall energy demand.
Renewables – led by the boom in solar…
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The mega batteries transforming power systems
…face multi-year delays in securing grid connection and permitting. Projects can also have uncertain or volatile revenue streams, and they may struggle to access affordable financing. In this context, greater efforts to reduce market barriers and address integration challenges are needed to unlock the full potential of this technology.
At the same time, much of the world’s battery supply chains are concentrated in China. Such high geographic concentration creates considerable risks in terms of supply security, given the growing role batteries play across energy systems and the wider economy, calling for greater efforts to diversify supply chains and...
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Supporting countries in the unfolding energy crisis
…browser
Welcome back to the Energy Mix. In today's edition: Meeting with the leaders of Australia and Japan on the energy impacts of the Middle East conflict; new online tracker showing government responses to the energy crisis; special podcast episodes on sheltering households and businesses, and on the impacts in Southeast Asia; our new Energy Technology Perspectives 2026 report; take our global energy employment survey; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.
Working with leaders in Australia, Japan and beyond to navigate the unfolding energy crisis
The IEA…
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What’s driving the surge in energy jobs?
…jobs added worldwide over that period.
Within the energy industry, the electricity sector is leading the way, accounting for nearly three-quarters of employment growth between 2019 and 2024. Today, it ranks as the top employer of energy workers, overtaking fuel supply in recent years.
The expansion of low-emissions power generation – from technologies such as solar panels, wind turbines and nuclear plants – is a key driver of this trend, complemented by rapid hiring in grids and energy storage as the Age of Electricity https://www.iea.org/newsletters/energy-snapshot/17-11-2025/the-age-of-electricity-is-here…
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Growth of IEA Family is milestone for global energy governance
…in international energy governance – and to expanded cooperation on critical minerals through the IEA’s Critical Minerals Security Programme https://www.iea.org/programmes/critical-minerals-security-programme.
“Under the umbrella of knowledge of the International Energy Agency, we have once again seen that international cooperation is key,” said Deputy Prime Minister Sophie Hermans of the Netherlands, who chaired the Ministerial. “Our priority is clear: secure, affordable and sustainable energy – and resilient systems that can endure in an uncertain world."
“This Ministerial Meeting, our largest ever, affirmed the immense value of the IEA at a moment when global energy demand…