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Rare earth elements 2025
Outlook for key energy transition minerals This report provides an outlook for demand and supply for key energy minerals including copper, lithium, nickel, cobalt, graphite and rare earth elements. Demand projections encompass both key energy technologies and other uses under different IEA Scenarios. Supply projections are based on a detailed review of all announced projects. They show how today's geographical concentration evolves over time, for both mining and refining and how expected supply compares with primary supply requirements.
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Scaling Up Transition Finance
…While vital, these investments alone cannot deliver all the changes needed to cut global emissions, especially in areas where clean technologies are not yet commercially available or cost-competitive. This is where transition finance comes in: it can help emissions-intensive countries, companies and sectors shift over time towards sustainable practices that are aligned with long-term climate and development goals.In this new report, the International Energy Agency (IEA) provides analyses to map the landscape for transition finance, explains why it matters, and highlights approaches that could move the debate forward.The report also examines the role of transition…
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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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Carbon-Free Electricity in G20 Countries
Status and the way forward In 2024, the Republic of Korea proposed the Carbon-Free Energy (CFE) Initiative to promote the use of technology-neutral, carbon-free energy to decarbonise the energy sector.In line with this initiative, Korea’s Ministry of Trade, Industry and Energy (MOTIE) commissioned this report to analyse the status and prospects of carbon-free energy in the electricity sector in G20 countries, and to provide policy recommendations to advance its progress.The International Energy Agency (IEA) and the Korea Energy Economics Institute (KEEi) jointly produced this report.
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Lithuania 2025
…was prepared in partnership between the Government of Lithuania and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Lithuania’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 Lithuania’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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Germany 2025
…Review was prepared in partnership between the Government of Germany and the IEA. It draws on the IEA's extensive knowledge and the inputs of expert peers from IEA Member countries to assess Germany’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 Germany’s leadership can serve as an example in promoting secure 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 clean energy future.
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Energy security
…demand; with rising air‑conditioner ownership and increasing temperatures, this value rose to 7 GW in 2024 and could further rise to 12 GW in 2030 without further efficiency action. If India were to experience similar heatwaves as in recent years – with temperature anomalies of over 4°C – the additional peak load would amount to 47 GW. However, if all new air conditioners in India were highly efficient (e.g. through increased minimum energy performance standards), peak load during a heatwave could be reduced by almost 9 GW or about 20%, significantly decreasing the risk of blackouts or brownouts. Need more information? IEA (2025), Energy Security.
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Korea 2025
…was prepared in partnership between the Government of Korea and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Korea’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 Korea’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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Powering Ireland’s Energy Future
…s energy security to 2035, drawing on international experience and detailed power system modelling developed with EirGrid, Ireland’s transmission system operator. The Adapted Transition Pathway illustrates how climate, energy and socio-economic goals align around the electricity system, potentially doubling demand and requiring faster infrastructure delivery and deployment of renewables. We find that there is a clear need to establish a unified cross-sectoral energy strategy to set a vision that guides 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…
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The Value of Demand Flexibility
…balancing This policy brief, developed under the International Energy Agency’s Digital Demand-Driven Electricity Networks (3DEN) Initiative, examines the value of demand flexibility as a core component of modern electricity systems, with a strong emphasis on its role in improving energy efficiency. As electricity demand grows and power systems become more electrified, decentralised and renewable-rich, managing when and how electricity is used is increasingly as important as expanding supply.The brief sets out a clear framework for understanding demand flexibility and highlights its contribution to an efficiency-first approach to power system planning and operation. By shifting or…
