-
A deepening crisis in oil markets and beyond
…the steepest losses are concentrated in the petrochemical sector, where feedstock availability is becoming increasingly constrained. Aviation activity is also running well below normal levels. The report sees higher prices, a deteriorating economic environment and demand-saving measures further weighing on global oil consumption in the months ahead.
Read the report https://www.iea.org/reports/oil-market-report-may-2026 and learn more about the energy crisis and the IEA's response, visit our dedicated topic page https://www.iea.org/topics/the-middle-east-and-global-energy-markets. We also launched a new interactive data tool https://www...
-
The energy crisis and electrification
…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, affordability and emissions reductions. Our first article https://www.iea.org/commentaries/the-energy-crisis-creates-even-stronger-impetus-for-eu-electrification in a new commentary series explores EU electrification trends and prospects, including how the current energy crisis is improving the competitiveness of electric techno...
-
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…
-
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...
-
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…
-
The implications of surging electricity demand
…the-energy-mix.
Surging global electricity demand underlines need for grids and flexibility investments
Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to our new annual report.
Electricity 2026 https://www.iea.org/reports/electricity-2026 provides in-depth analysis of recent trends and policy developments across the sector. It shows that global electricity demand is on course to grow at least 2.5 times as fast as overall energy demand…
-
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…
-
7 certainties about energy for this age of uncertainty
…the multiplication of energy security risks to leaders at the World Economic Forum in Davos; IEA to host the Mission Innovation Secretariat at our HQ; the world’s oil supply enters 2026 with a large surplus; how the global LNG wave is set to affect natural gas markets this year; our Executive Director meets with the King and Prime Minister of Sweden; how to meet India's fast-growing demand for electricity; investment in next-generation geothermal is surging; new podcast episodes; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.…
-
IEA responding to major global energy security threat
… and more ...
Newsletter of the International Energy Agency
Click here [Weblink] to view in your browser
Welcome back to the Energy Mix. In today's edition: The latest on the energy crisis stemming from the Middle East conflict and our emergency oil stock release; 10 options to ease price pressures on consumers; assessing the impacts on oil markets; a new podcast episode putting the stock release in context; Romania’s formal request to join the IEA; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.
The IEA’s unprecedented response to historic disruptions…
-
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…