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Policy Toolbox for Industrial Decarbonisation
The Policy Toolbox for Industrial Decarbonisation is a repository of policy instruments available to assist governments as they design, develop and implement their strategies for industrial decarbonisation. This work, undertaken as part of the Climate Club's Work Programme, builds on the policy toolbox outlined in IEA’s 2022 Achieving Net Zero Heavy Industry Sectors in G7 Members report, with the addition of further details on the instruments and considerations for implementation.A robust industrial decarbonisation policy strategy is likely to include multiple different instruments, as governments choose the instruments that are most suited to their individual circumstances and objectives…
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Policy options to accelerate distributed solar PV in Ukraine
…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 to system resilience and overall energy…
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Gas Market Report, Q3-2025
…fall amid weaker natural gas demand and strong competition from Europe for flexible LNG cargoes. Geopolitical tensions have continued to fuel price volatility, while adding to the unusually wide range of uncertainties that could affect this report’s short-term forecasts. The conflict between Israel and Iran highlighted the Middle East’s important role in energy security and served as a stark reminder that geopolitical tensions can easily distort a still-fragile global gas balance. This report includes a special section on the Middle East. Meanwhile, global LNG supply growth is set to accelerate in 2026 to its fastest pace…
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Gas Market Report, Q1-2026
…Although the LNG supply growth is reducing market tightness, geopolitical tensions and weather impacts may still cause price volatility. Close international co-operation between responsible producers and consumers remains important to reinforce the architecture for secure global gas supplies. The International Energy Agency (IEA) continues to support this process, including through the permanent Working Party on Natural Gas and Sustainable Gases Security (GWP), established in late 2024.This edition of the quarterly Gas Market Report provides a thorough review of market developments in 2025 and an outlook for 2026. The report includes a section dedicated to key policies undertaken in…
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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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Indicators Handbook for Just and Inclusive Energy Transitions
Global Commission on People-Centred Clean Energy Transitions: Designing for Fairness The Indicators Handbook is based on the voluntary G20 Principles for Just and Inclusive Transitions, endorsed by G20 leaders in November 2024. The principles, which reflect varying perspectives, contexts and experiences, form a framework for approaching transitions that maximises benefits and mitigates the risk of unintended consequences. Designed as a technical resource, the Indicators Handbook provides guidance for governments and other stakeholders on identifying relevant indicators as a first step towards tracking policy design and implementation in line with the G20 Principles for Just and Inclusive Transitions. The Handbook…
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Oil Market Report - April 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 Global oil demand growth for 2025 has been revised down by 300 kb/d since last month’s Report to 730 kb/d, as escalating trade tensions have negatively impacted the economic outlook. Growth is expected to slow further in 2026, to 690 kb/d, but…
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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap
Ukraine’s energy sector has been severely affected by the Russian Federation’s full-scale invasion. The power sector went from having a large capacity surplus before the war to a power deficit in 2024 due to Russia’s attacks. This has focused attention on energy security and restoring the reliability of supply. Hydrogen demand from conventional applications in refining and ammonia has also plunged, falling 80%, with most of these assets in southern Ukraine, where the frontline and occupied areas are located. Overall economic damage from the war has been extensive, with reconstruction costs previously estimated by the World…
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Oil Market Report - July 2025
…wide $65-$80/bbl range. Israel’s mid-month air strikes on Iranian military and nuclear targets sent prices soaring, with Dated briefly surpassing $80/bbl but easing after a ceasefire was agreed. The decision by OPEC+ to further accelerate the unwinding of production cuts failed to move markets in a meaningful way given tighter fundamentals. Disconnects Benchmark crude oil prices rose by around $7/bbl on average in June, trading in a wide range between $65/bbl and $80/bbl. Israel’s air strikes on Iranian military and nuclear targets sent prices soaring mid-month, with North Sea Dated…
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National Climate Resilience Assessment for Mozambique
Mozambique’s energy system has experienced significant disruptions due to extreme weather events, notably tropical storms and cyclones. With climate change, storms are projected to intensify, as are the risks of seasonal droughts and floods, posing a threat to the reliable operation of hydropower generation and the secure operation of the country’s coal mines. Mozambique’s plans to diversify its energy supply are an important step to enhance energy security and could be complemented by targeted measures to make its electricity system more resilient to natural hazards. Storms and tropical cyclones present the most regular extreme weather event faced…