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Financing the ASEAN Power Grid
…Yet financing approaches and business models have not evolved at the pace required to support an increasingly ambitious and complex pipeline of interconnector projects.This report examines how interconnectors are approached today from the financing and business model perspective. It explores how, in combination with broad macro‑financial and market‑specific factors, current approaches may create challenges given the size and characteristics of the APG project pipeline. Rather than focussing on institutions or regulatory frameworks, this report approaches the issue through an investor’s lens – asking how these assets are financed in practice and what must change to make them bankable for…
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Energy Transition Review for Enhancing Co-operation
…demand, reliance on imported fuels, the need for grid modernisation, access and affordability constraints, financing challenges and growing exposure to extreme weather events.In alignment with priorities set out by the DOE of the Philippines, the report provides a detailed analysis of three key areas: the potential for nuclear power, for energy resilience and for grid modernisation in the Philippines. Executive summary The Philippines has clear targets and strong potential to advance towards a resilient, affordable and sustainable power system The Philippine power sector is undergoing a period of significant transformation, with rapidly rising electricity demand and evolving policy priorities…
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Financing CCUS at Scale
…models and effective risk allocation across the value chain.In this context, Financing CCUS at Scale is the IEA’s latest report on what it takes to move CCUS projects from the drawing board to operation. Building on expert interviews with leading financial institutions, the report investigates the distinctive economic and financial characteristics of CCUS projects, the impact of business models on commercial viability, and how CCUS projects have been financed to date. Based on these insights, the report provides targeted recommendations for policymakers on how to design policy, regulatory and financial frameworks that can more effectively crowd in private…
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Rare Earth Elements
…has elevated their importance in both energy and broader economic security discussions in recent years. This report assesses the current state of the rare earth elements market, examining demand and supply dynamics and key technological developments. It analyses the full value chain from mining to permanent magnet production, evaluates vulnerabilities across supply chains, and highlights the implications of potential supply disruptions. Based on these analyses, the report outlines eight targeted policy recommendations that can pave the way for more secure, diversified and resilient rare earth element supply chains.The analysis is founded on the work of the IEA Critical Minerals…
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Energy and AI in East Asia
This report was commissioned by the Korea Energy Economics Institute and was carried out jointly by the International Energy Agency (IEA) and the Korea Energy Economics Institute. The study has three objectives in the context of East Asia. First is to explore the possibilities presented by AI for the energy sector. Second is to examine the expected increase in electricity demand by data centres, and the impact on grid planning and operation. Third is to provide policy recommendations for embracing the opportunities presented by the application of AI to energy, as well as policies for proactively managing the challenges presented by…
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Responding to Satellite Notifications from the Methane Alert and Response System
…Nations Environment Programme’s (UNEP) International Methane Emissions Observatory (IMEO) introduced the Methane Alert and Response System (MARS), which uses satellite data (coupled with scientific expertise and artificial intelligence) to provide free notifications of large methane emission events to governments and companies.MARS satellite alerts provide rapid and actionable information that can enable quick mitigation action. Swift action on major leaks or releases detected via MARS can deliver significant benefits for governments, potentially reducing gas waste, boosting sales by domestic companies and improving national energy security while simultaneously decreasing air pollution, minimising local health impacts and increasing productivity. More broadly…
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Portugal 2026
…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 pressing energy sector challenges and provide recommendations on how to address them, backed by international best practices. The report also highlights areas where Portugal'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.
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Luxembourg 2026
…Review was prepared in partnership between the Government of Luxembourg and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Luxembourg’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 Luxembourg’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.
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Efficient Grid-Interactive Buildings in India
Status and opportunities This report assesses the opportunities for efficient grid-interactive buildings (EGIBs) to support India’s clean energy transition. EGIBs unite energy efficiency, smart digital technologies and demand-side flexibility, allowing them to optimise energy use, shift or reduce peak demand and better align consumption with renewable energy generation.The buildings sector is central to clean energy transitions in a context where rapidly increasing electricity demand is driven by cooling and appliance use, and the share of variable renewable energy in electricity generation is continuously growing. Without targeted action, unmanaged peak loads and variable supply could jeopardise grid…
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Energy Efficiency in China’s Buildings Sector
…energy services. Much of China’s improvement has come from energy efficiency upgrades in industry and overall economic structural shifts. The buildings sector accounts for approximately 20% of its total final energy consumption and its intensity has decreased at a slower rate. There remains significant potential to unlock further energy savings through technical and policy initiatives in buildings.This report outlines opportunities for actions, targets and timelines that could improve energy efficiency in China's buildings sector. It includes an analysis of the country’s current buildings energy efficiency policies and the data that tracks progress in achieving them. Regulation…
