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Oil Market Report - August 2025
…4 mb/d. Despite weaker-than-expected demand in China, India and Brazil in recent months, annual growth of 600 kb/d in 2Q25 occurred entirely in the non-OECD. Consumption in the OECD was flat, with Japan at multi-decade lows.Global oil supply was largely unchanged in July at 105.6 mb/d, with a 230 kb/d fall in OPEC+ output offset by an equal increase in non-OPEC+. Higher OPEC+ targets announced for September help boost global oil supply growth to 2.5 mb/d this year and 1.9 mb/d in 2026, of which…
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Tracking SDG7: The Energy Progress Report, 2025
…Nations Climate Change Conference (COP28) to triple global renewable power capacity and double the global average annual rate of improvement in energy efficiency by 2030, and through the 2025 Dar es Salaam Declaration to expand electricity access, a declaration endorsed by 48 African countries.Scaling up clean cooking and electricity access, boosting renewable energy use, and improving energy efficiency are essential for the achievement of the goals of SDG 7—and for meeting the development and socioeconomic environmental and socioeconomic challenges reflected in the SDG agenda as a whole. These goals will demand a fundamental shift in energy production, distribution…
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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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Oil Market Report - November 2025
…four-year low – before rebounding by $5/bbl on the view that Washington’s sanctions against Rosneft and Lukoil may curtail Russian oil flows. At the time of writing, Dated was trading around $62/bbl. Imbalances Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards. At the same time, the risks to the forecast remain plentiful, with the economic repercussions of the recent tariff turmoil and the US federal government shutdown still uncertain, and the impacts of new sanctions on Russia yet to become clear…
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COP28 Tripling Renewable Capacity Pledge 2025: Update
…energy at the COP28 climate summit in Dubai with the aim of keeping the Paris Agreement target of limiting global warming to 1.5 °C within reach. For the first time, governments set key goals to help meet this objective, including tripling global renewable electricity capacity by the end of this decade. In June 2024, the IEA published COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap, which provided a global stocktake of renewable capacity plans to assess how NDCs reflected government ambition toward the tripling pledge.This report is an update to the…
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Global Hydrogen Review 2026
The IEA's Global Hydrogen Review 2026 provides an update on hydrogen production and demand worldwide and identifies the latest developments relating to policy, infrastructure, trade, investments and innovation.The report is an output of the Clean Energy Ministerial Hydrogen Initiative and is intended to provide an update to energy sector stakeholders on the status and future prospects of hydrogen, and to inform discussions at the Hydrogen Energy Ministerial Meeting organised by Japan.The conflict in the Middle East is impacting global supplies of hydrogen and hydrogen derivatives, such as fertilisers, exposing vulnerabilities in their supply chains. As energy security…
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Vehicle software and software-defined vehicles
GEVO 2026 - Chapter 8 The transition from mechanical to software-based vehicle control has been underway for decades and has accelerated dramatically with the rise of EVs. Pure-play EV makers have pioneered the shift towards high-level, continuously updateable software-based vehicle control, speeding up the development and rollout of new features. Vehicles are evolving into software platforms for which users can access subscription‑based premium features, in the same way as for smartphones. A new design paradigm is emerging, with EVs at the forefront The digital transformation of the car industry is most evident in the emergence of software…
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Portugal 2026
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Portugal and the IEA. It draws on the IEA’s extensive…
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Ultra-fast charging batteries
GEVO 2026 - Chapter 8 New power‑electronics materials, battery cell technologies and battery pack architectures are enabling more efficient, higher‑voltage – and therefore faster – charging systems. Advances in batteries and power electronics are improving EV performance Over the past decade, average EV battery pack energy density (Wh/kg) has increased by around 60%, while prices have fallen by roughly 75%. Moreover, in 2023, battery-related patents accounted for 40% of all energy-sector patents, suggesting that more developments are still to come. At the same time, new power‑electronics materials, battery cell technologies and battery pack architectures are enabling more efficient, higher‑voltage – and…
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Clean Energy Transitions Programme 2025
Annual report 2025 The IEA’s Clean Energy Transitions Programme (CETP) helps countries around the world accelerate their transition to clean energy, with a focus on emerging markets and developing economies. By combining global analysis, high-level convening and hands-on technical support, the CETP ensures that evidence, policy guidance and practical tools reach those shaping energy strategies on the ground.In 2025, the CETP has supported almost 350 high-level bilateral meetings with policy makers, over 700 workshops and technical exchanges, involving almost 13 000 participants, and 26 capacity-building events with over 1 700 policy professionals on energy efficiency, data…
