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Oil Market Report - September 2025
…year and 2.1 mb/d to 107.9 mb/d next year, of which non-OPEC+ countries account for 1.4 mb/d and just over 1 mb/d, respectively.Refinery crude throughputs surged by 400 kb/d to a record 85.1 mb/d in August but is set to fall by 3.5 mb/d through October as seasonal maintenance intensifies. Global refinery crude throughputs are forecast to average 83.5 mb/d in 2025 and 84 mb/d in 2026, as growth slows from 580 kb/d to 540 kb/d, respectively. Refining margins remain strong…
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Oil Market Report - March 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 Growth in global oil demand is set to accelerate to just over 1 mb/d this year, from 830 kb/d in 2024, reaching 103.9 mb/d. Asia accounts for almost 60% of gains, led by China where petrochemical feedstocks will provide the entirety of…
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Designing Energy Efficiency Policies to Enhance Affordability
…concern in the context of rising global energy prices and growing inequality in energy access. Lower-income households spend a significantly higher share of their income on energy than wealthier households, leaving them exposed to price shocks and especially vulnerable when energy prices increase. Energy efficiency can play a key role in delivering lower energy bills, reducing emissions, and enhancing resilience. However, ensuring that all households benefit requires targeted, inclusive policy design.This issue was a central focus of an IEA workshop held in January 2025 with G7 country representatives, where affordability was identified as a key challenge. In response…
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Blueprint for Action on Just and Inclusive Energy Transitions
…governments and other stakeholders about how just and inclusive clean energy transitions can be designed and implemented. Based on the voluntary principles endorsed by G20 leaders in 2024, the Global Commission has provided examples to highlight how energy policies can be designed and implemented to support fairer outcomes. The Global Commission has focused on key aspects of each principle and shared selected policies from around the world to show how these are being addressed in different settings.The 2024 Global Commission, convened by IEA Executive Director Dr. Fatih Birol, is co-chaired by Brazil’s Minister of Mines and Energy…
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Global Hydrogen Review 2025
…level of hydrogen adoption that could be achieved by 2030. This report includes a special chapter on Southeast Asia, exploring the region’s potential for the production and use of low-emissions hydrogen and hydrogen-based fuels and products in the near term.The report is complemented by updates to the Hydrogen Production and Infrastructure Projects Database, and a new online Hydrogen Tracker that allows users to further explore announced projects for low-emissions hydrogen production and infrastructure deployment, hydrogen production costs by region and technology, and more than 1 000 hydrogen policy measures worldwide announced or implemented since 2020. Annex
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Gas Market Report, Q2-2025
…increasingly complex geopolitical context, responsible producers and consumers need to work together to reinforce efforts to ensure reliable gas supplies. This will be among the topics addressed at the international Summit on the Future of Energy Security, convened by the IEA, in partnership with the UK Government, on 24-25 April 2025. Beyond the growing complexity of gas supply security both in the short and long term, the decarbonisation of gas and the broader energy system will require the deployment and scaling up of low-emissions gases. Part of the IEA’s Low-Emissions Gases Work Programme, this quarterly Gas…
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Coal 2025
…the single largest source of carbon dioxide emissions globally, placing it at the centre of international dialogues on energy. At a time of uncertainty and change for energy systems around the world, a range of different trends could shape coal markets in the years ahead.On the one hand, recent policy changes supporting coal could drive consumption higher, as could surging electricity demand in economies across the world, since two-thirds of global coal use today is for power generation. On the other, the rapid expansion of renewable energy capacity – particularly in China, the world’s biggest coal consumer – has…
- Executive summary
- Demand
- Supply
- Trade
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Renewables 2025
Analysis and forecasts to 2030 Renewables 2025 Renewables 2025 is the IEA's main annual report on the sector. It presents the latest forecasts and analysis, based on recent policy and market developments, while also exploring key challenges and opportunities facing the sector.This year’s edition provides forecasts for the deployment of renewable energy technologies in electricity, transport and heat through 2030. It also examines notable developments in key areas of the sector, including policy changes, manufacturing trends, and the financial health of different parts of the industry.
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Gas Market Report, Q3-2025
…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 since 2019, primarily driven by additions in the United States, Canada and Qatar. Easing…
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Powering Ireland’s Energy Future
…this transition, supported by a detailed security study on the electricity supply mix.The analysis sets out five pillars for policy action: Establishing a cross-sectoral energy security strategy for the 2030s; delivering the enabling infrastructure to accommodate the growth of electricity demand and supply; accelerating the delivery of generation capacity, storage and demand-side flexibility; enabling secure system operation under high renewable penetration; advancing workforce skills, strengthening partnerships and facilitating electrification. Ireland can build on its progress in power system transformation to set an example of secure integration of large shares of variable renewable generation while safeguarding energy security.
