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Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap
…industrial base that can help to restore the fiscal balance. This is a long-term opportunity that will not happen overnight, but efforts need to start today to progressively build the experience required to enable such an industry in the future.The report identifies the actions required across four pillars (physical assets, regulation, financing and cross-cutting areas) and three time horizons (covering from 2 to 20 years), in order to provide a roadmap to enable the renewable hydrogen opportunity. Policy recommendations Explore what actions can be taken in the short term to lay the foundations for future hydrogen deployment.
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Policy options to accelerate distributed solar PV in Ukraine
Accelerating distributed solar PV and battery energy storage deployment will support Ukraine in establishing energy security.In the year following the Russian Federation’s full-scale invasion of Ukraine in 2022, available dispatchable power generation capacity halved from roughly 38 GW to 19 GW. After severe attacks in spring 2024, capacity declined further, down to 12 GW. Towards the end of 2024 Ukraine was able to restore 3 GW and has worked to restore and add additional capacity throughout 2025, despite ongoing attacks.Distributed solar PV has played a key role, providing cost effective and rapid increases in electricity generation capacity, contributing…
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Energy System Resilience
…Agency (IEA) has worked closely with Ukraine, an Association country, on energy system resilience, publishing a 10-point plan ahead of the 2024-2025 winter, along with a 2025-2026 update and a roadmap for decentralising Ukraine's power system. This has provided Ukraine with critical assistance, while also offering invaluable real-world lessons that can inform resilience planning for IEA Member countries and beyond. Industry from Europe and other regions is already collaborating with the Ukrainian private sector and learning from practices forged under extreme conditions as they provide support. This report distils key lessons from Ukraine's experience…
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Ukraine’s Energy Security
A pre-winter assessment As Ukraine enters its fourth winter of war, ensuring that residents retain reliable access to heat and power is of the utmost importance. While Ukraine made strong strides in rebuilding and strengthening the resilience of its energy system this past spring and summer, the situation remains fragile, and the risk of huge disruptions and widespread destabilisation remains – particularly as Russia expands the scope and sophistication of its attacks.This analysis builds on the IEA’s September 2024 report, Ukraine’s Energy Security and the Coming Winter. It provides an update on the latest developments through October…
