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Energy Efficiency 2025
Market Report Energy Efficiency 2025 is the IEA’s primary annual analysis on global energy efficiency developments, showing recent trends in energy intensity and demand, investment, employment and policy. The report provides sector-specific analysis on industry, buildings, appliances and transport and explores system-wide themes such as emissions reductions, energy security, affordability and competitiveness. This report is launched in parallel with an update to the IEA Energy Efficiency Progress Tracker, which can be accessed through the IEA website.
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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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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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Asset values
…sales price premiums are about twice as high as rental price premiums. Meanwhile, in the industrial and utility sectors, energy efficiency measures can increase asset values by improving productivity, reducing wear on equipment, and extending the operational life of machinery and infrastructure. A closer look at rental properties While sale and rental price premiums are positive impacts for building owners, it is important to also consider the effect energy efficiency improvements have on building occupants or renters. Increasing the quality of a rented space through energy efficiency can achieve increased thermal, noise and light comfort; improved health, safety and security…
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Gas Market Report, Q1-2025
Global consumption of natural gas returned to structural growth in 2024, reaching an all-time high. Gas demand is expected to increase further in 2025, primarily supported by fast-growing Asian markets. At the same time, the global gas balance remains fragile, with the supply side remaining tight and geopolitical tensions continuing to fuel price volatility. While the halt of Russian piped gas transit via Ukraine on 1 January 2025 should not pose an imminent supply security risk for the European Union, it could increase the EU’s LNG import requirements and tighten market fundamentals this year. This edition of…
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Oil Market Report - June 2025
…added to the prospect of comfortable 2H25 balances. Geopolitical risk in focus Global oil markets were roiled by a rapid escalation in geopolitical tensions after Israel launched a series of air strikes on targets in Iran on 13 June and Tehran retaliated. The two countries have fought a shadow war for decades, but the current conflict is the most severe, with energy infrastructure also targeted for the first time. While there was no impact on Iranian oil flows at the time of writing, fears of a widening regional disruptions to oil traffic through the crucial Strait of Hormuz drove oi...
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Oil Market Report - September 2025
…being pulled in different directions by a range of forces, with the potential for supply losses stemming from new sanctions on Russia and Iran coming against a backdrop of higher OPEC+ supply and the prospect of increasingly bloated oil balances. China continues to stockpile crude oil, helping keep Brent crude futures in slight backwardation. Prices moved in a narrow band since August and at the time of writing Brent was $67/bbl, largely unchanged from a month earlier.Toughened sanctions on Iran and Russia have so far had a relatively modest impact on supply and trade flows, even as exports...
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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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Gas 2025
Analysis and forecasts to 2030 Global gas markets are set to undergo major changes by the end of the decade, with the coming wave of liquefied natural gas (LNG) production capacity set to profoundly transform market dynamics. The unprecedented scaling up of LNG supply is expected to improve gas supply security and make natural gas more affordable – including in emerging, price-sensitive import markets. However, to account for these shifts, LNG producers and suppliers may need to adapt their medium-term strategies.The Gas 2025 medium-term report from the International Energy Agency (IEA) examines this coming transformation and its…
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Competitiveness
…and up to 60% over the longer term as new savings are uncovered. On average, for every dollar in energy cost savings due to energy efficiency, firms also save one dollar or more from other benefits, from improved resource use to higher productivity Key analysis Energy intensity improvements have enabled industries to produce 19% more value added with the same amount of energy now, compared to the year 2000. In the European Union, manufacturing industries produce 50% more value added with 25% less energy than in 2000. A closer look at energy efficiency in businesses Energy management – a well-recognised…
