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Energy Transition Review for Enhancing Co-operation
…growth, industrial development and electrification of end uses. Fossil fuels are currently the dominant source of power generation, reflecting existing resource endowments and infrastructure, but also exposing the system to global price volatility and import dependence.Renewable energy presents major opportunities for the Philippines to diversify its power supply and meet growing demand. Government targets aim to increase the share of renewables in the power generation mix to 35% by 2030 and 50% by 2040 – up from the 22% achieved in 2024. These objectives are articulated in the Philippine Energy Plan (PEP) 2023-2050, Volume II: Transitioning to Reliable, Clean, and…
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Grid investments
…on grid infrastructure. Demand response has seen rising uptake around the world, but further electrification and demand decarbonisation are expected to significantly increase its importance. For instance, in Australia, where various mechanisms have been successfully demonstrated, the value of demand response capacity could reach USD 11 billion per year by 2042. Globally, it could provide up to 50% of short-term flexibility needs in 2050. Need more information? IEA (2024), World Energy Outlook 2024.IEA (2023), Smart Grids.IEA (2024), Digital Demand-Driven Electricity Networks Initiative (3DEN).CREDS (2021), The role of energy demand reduction in achieving net-zero in the UK.
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Oil Market Report - September 2025
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights World oil demand is forecast to increase by 740 kb/d y-o-y in 2025, up marginally from last month's Report, with resilient deliveries in advanced economies contrasting with relatively muted consumption in emerging economies. OECD demand growth of 80 kb/d y-o…
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Portugal 2026
…Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Portugal and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Portugal’s most…
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Accelerating Renewables Growth in ASEAN
…national energy plans outline substantially higher ambitions for renewable capacity. Achieving these goals will require timely, sustained and strongly co-ordinated policy action to unlock the scale of renewable energy deployment needed by 2030 and beyond.This report examines the key challenges hindering a faster capacity deployment of renewable power in ASEAN and outlines potential policy solutions informed by successful international experience. It also provides an assessment of renewable-energy auction design options, an increasingly important procurement mechanism that is expected to account for around 60% of global capacity growth by 2030 and is already utilised in several ASEAN countries.
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Tracking SDG7: The Energy Progress Report, 2026
This report is published by the SDG 7 custodian agencies, the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the Statistics Division of the United Nations Department of Economic and Social Affairs (UN DESA), the World Bank, and the World Health Organization (WHO), and aims to provide the international community with a global dashboard to register progress on energy access, energy efficiency, renewable energy and international cooperation to advance SDG 7.
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Prospects for Natural Gas Certification
…highlights selected regulatory and market developments, identifies areas where improvements may be needed, and presents recommendations to support the development of credible certification frameworks.Certified natural gas refers to gas whose environmental and social attributes – such as greenhouse gas (GHG) emissions performance, water use, local community impacts and worker safety – have been independently verified against defined criteria or benchmarks. In 2024, around 7.5% of global natural gas production was certified, with volumes primarily originating from North America. As certification continues to evolve, opportunities remain to improve consistency, transparency and coverage across the full supply chain. To support further progress…
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Mozambique 2024
…Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Mozambique and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Mozambique’s most…
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Oil Market Report - August 2025
…US gas liquids, while other inventories mostly declined. OECD industry stocks fell by 28.8 mb in June to hover near decade-lows of 2 758 mb, 88 mb below a year ago.Benchmark crude oil prices were largely unchanged in July, with North Sea Dated oscillating around $70/bbl as easing trade tensions and tighter sanctions against Russia were set against the outlook for a comfortably supplied market. By early August, however, prices tumbled by $3/bbl to $67/bbl after OPEC+ announced plans to fully unwind its 2.2 mb/d voluntary output cuts by September. Beneath the…
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Emission reductions
…to clean cooking, air pollution is linked to around 3.7 million premature deaths a year. Replacing open fires and inefficient stoves with cleaner, more modern stoves and fuels reduces household air pollution and improves efficiency. Indoor air pollution from liquid petroleum gas (LPG) cookstoves is only around 5% of pollution from traditional biomass, while being over three times more efficient. Switching from LPG to electric cooking would further reduce indoor air pollution by 25% and is over 1.5 times more efficient. Need more information? IEA (2024), Energy Efficiency 2024.IEA (2023), A Vision for Clean Cooking Access for All.
