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Electricity Mid-Year Update 2025
Despite a slowdown in global economic growth prospects, the world’s electricity consumption increased strongly in the first half of 2025, driven by rising demand from industry, appliances, cooling, data centres and electrification. At the same time, electricity supply from renewables, natural gas and nuclear continues to grow, with all set to reach new milestones.This mid-year update follows the extensive Electricity 2025 report released in February, examining the latest trends and the outlook for the remainder of the year. It includes updated data for 2024 along with new forecasts for 2025 and 2026 covering areas such as global…
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Stepping Up the Value Chain in Africa
…from producing key energy technologies today. In Africa, there are currently only a small number of facilities dedicated to the beneficiation and processing of critical minerals and resources essential for energy technologies and materials, and only a handful of plants for manufacturing such technologies. In light of this, the government of South Africa requested that the IEA provide insights into potential opportunities for sustainable industrialisation in Africa to inform discussions at the G20 meetings in Johannesburg in 2025. This report explores selected elements of these opportunities and presents strategic considerations for countries seeking to diversify and expand their energy technology manufacturing…
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Czechia 2025
…was prepared in partnership between the Government of Czechia and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Czechia’s most pressing energy sector challenges and provide recommendations on how to address them, backed by international best practices. The report also highlights areas where Czechia’s leadership can serve as an example in promoting secure and clean energy transitions. It also promotes the exchange of best practices among countries to foster learning, build consensus and strengthen political will for a sustainable and affordable energy future. Translation
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Oil Market Report - November 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 growth rebounded to 920 kb/d in 3Q25, mainly due to stronger deliveries in China. The third-quarter increase was more than double 2Q25’s 430 kb/d y-o-y expansion, as the macroeconomic picture broadly improved on easing trade tensions. Worldwide…
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Electricity Market Design
Building on strengths, addressing gaps Electricity markets play a central role in balancing supply and demand, guiding operational decisions and shaping investment outcomes. As systems change with higher shares of variable generation, greater decentralisation and evolving patterns of electricity use, the ability of market designs to deliver secure and affordable electricity has never been more critical. If market arrangements do not keep pace with these developments, the functioning of electricity systems could become more uncertain and more costly.This report provides a cross-regional assessment of how wholesale electricity markets and their complementary policy mechanisms are performing today. We find…
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Economic growth
…impact of energy efficiency policies on macroeconomic performance still needs to be better understood and systematically measured, studies have highlighted some economic benefits:Growth in economic activityVarious studies have modelled the impact of select energy efficiency policies on economic activity and found a positive correlation. In Canada, an analysis of the country’s policy package at the time found that every USD 1 spent on energy efficiency programmes would generate between USD 4 and USD 7 in GDP between 2017 and 2030. In the United States, a study funded by the Department of Energy estimated that doubling energy productivity could…
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Oil Market Report - July 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 growth is forecast to increase by 700 kb/d in 2025, its lowest rate since 2009, with the exception of the 2020 Covid year. Annual growth eased from 1.1 mb/d in 1Q25 to just 550 kb/d in 2Q25, with emerging…
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Oil Market Report - May 2026
The May edition of the IEA’s Oil Market Report is exceptionally provided free of charge in an abridged format.For access to the full report, subscribers can visit their Products page.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 contract by 420 kb/d y-o-y in…
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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.
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Accelerating Renewables Growth in ASEAN
…Association of Southeast Asian Nations (ASEAN) have adopted net zero emissions targets, and recent 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…
