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Renewables 2021 Renewable electricity
Forecast summary Renewable capacity additions are set to grow faster than ever in the next five years, but the expansion trend is not on track to meet the IEA Net Zero by 2050 Scenario Annual additions to global renewable electricity capacity are expected to average around 305 GW per year between 2021 and 2026 in the IEA main case forecast. This implies an acceleration of almost 60% compared to renewables’ expansion over the last five years. Continuous policy support in more than 130 countries, ambitious net zero goals announced by nations accounting for almost 90% of global GDP, and improving competitiveness…
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Georgia
Georgia has developed an energy sector based largely on hydropower and fuelwood, in addition to imports of fossil fuels. It is also an important transit country for the region, with major oil and gas pipelines running across Georgian territory. Efforts are required to improve energy efficiency and capitalise on the country’s renewable energy potential.
Georgia has made solid progress in the past decade, both in improving the security of its energy supply and in transitioning to a cleaner, more sustainable energy system. Although Georgia is still confronted with many challenges in its transition to a more secure, sustainable and…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Oil Market Report - July 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 World oil demand growth is forecast to increase by 700 kb/d in 2025, its lowest rate since 2009, with the exception of the 2020 Covid year. Annual growth eased from 1.1 mb/d in 1Q25 to just 550 kb/d in 2Q25, with emerging…
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Electricity Mid-Year Update 2025 Demand: Global electricity use to grow strongly in 2025 and 2026
Global electricity demand is forecast to increase by an average annual 3.3% in 2025 and by 3.7% in 2026, a moderation from 4.4% in 2024 but still some of the highest growth rates observed over the last decade. This is a slight downward revision from our previous forecast in February 2025 of 4% growth for this year and 3.8% in 2026. The change is partly due to the IMF's downgrade of the global GDP growth outlook compared with its January 2025 update amid elevated uncertainty surrounding trade tariffs and economic prospects. Despite these downside risks…
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Outlook for Biogas and Biomethane Biogas and biomethane outlook to 2050
The landscape for biogases is very different now compared to our last Outlook in 2020, with total demand 32% higher in 2040 in the STEPS than in the New Policies Scenario at the time. Whereas natural gas prices in 2020 were at record lows, the Russian invasion of Ukraine in 2022 triggered interest in developing biomethane to substitute imported natural gas. The revised figure is driven in part by strengthened policy incentives, notably in Europe and China. There is a strong continued use case for biogases in the Outlook scenarios. Electricity's share in total final consumption increases from 20…
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Assessing emissions from LNG supply and abatement options
…electrification using low-emissions power, process efficiency improvements, and the elimination of routine flaring, as well as carbon capture, utilisation and storage (CCUS) for managing the naturally-occurring CO2 from LNG supply. Introduction Around 550 billion cubic metres (bcm) of natural gas were exported as liquefied natural gas (LNG) in 2024, just under 15% of global natural gas consumption. A further 500 bcm of natural gas were transported through pipelines. Global LNG supply has grown faster than overall natural gas demand in recent years. This trend is set to continue with the arrival of nearly 300 bcm of new annual LNG supply…
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Ukraine’s Energy Security A pre-winter assessment
…While Ukraine has made strong strides in rebuilding and strengthening the resilience of its energy system this past spring and summer, the situation remains fragile, and the risk of huge disruptions and widespread destabilisation remains – particularly if Russia further intensifies targeted attacks or temperatures in the months ahead are colder than expected.This analysis builds on the IEA’s September 2024 report, Ukraine’s Energy Security and the Coming Winter. It provides an update on the latest developments through October 2025 and proposes key actions that Ukraine and its partners can take to address urgent energy security vulnerabilities this winter…
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Global Energy Review 2025 Electricity
…of electricity consumption growth in 2024 compared with the annual average from 2012 to 2022. Globally, electricity consumption increased by 1 080 TWh, nearly two times the annual average of the past decade. In China, electricity consumption increased by more than 550 TWh (7%), almost as much as the average annual global increase in electricity consumption over the previous decade (2013-2023) and well above the China’s own average increases during this period.In 2023, advanced economies saw a 140 TWh decline in electricity consumption due to soft industrial output in some countries and milder weather conditions. In 2024…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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China’s Official Energy Finance in Emerging and Developing Economies Case 5. Silk Road fund commitment in African Infrastructure Investment Fund IV
…TLG), which operates rail and port assets and is working to cut corridor emissions through improved operational efficiency.Through its participation, the SRF gains exposure to a diversified portfolio of sustainable assets across multiple African markets rather than through single-asset project finance. It has also appointed a representative to AIIF’s ESG Advisory Committee, strengthening the fund’s environmental and governance approach. Financing model and China’s role AIIF4 reached financial close in August 2024 at USD 748 million, with an additional USD 206 million approved for co-investment. Its investor base comprises 29 institutions, including DFIs, pension funds, insurance…
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Universal Access to Clean Cooking in Africa Outlook for clean cooking in Africa
Off the back burner? Based on today’s policies, investment and market trends, only three African countries are set to reach universal clean cooking access by mid-century. Sub-Saharan Africa could achieve universal coverage by 2040, if countries were to replicate the best historical rates of progress seen in similar countries around the world – a pathway explored in the new Accelerating Clean Cooking and Electricity Services Scenario (ACCESS). It will require 80 million people to gain access annually, or a 4.7 percentage point improvement in access rates each year, comparable to rates of progress seen in Indonesia, Cambodia…
