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Equatorial Guinea
Electrification rates are relatively high in Equatorial Guinea at 66%. The country began oil production in the late 1990s and began LNG exports in 2007.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Critical Mineral Traceability for Energy and Economic Security Executive summary
Risks to energy and economic security from high levels of concentration in critical mineral supply chains became a reality in 2025. All of the IEA’s six focus minerals – copper, lithium, nickel, cobalt, graphite and rare earth elements – are set to see strong demand growth, driven by their central role in energy and strategic industrial applications. Yet diversification has lagged demand, with processing and refining remaining highly concentrated. Risks from concentration materialised in 2025 as new export controls threatened the supply of materials critical to strategic and economically important industries.Recent years have seen a proliferation of new policies and…
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Electricity 2026 Executive summary
Electricity demand is set to grow strongly through 2030 as the Age of Electricity takes hold Global electricity demand is forecast to increase at a brisk average annual rate of 3.6% over the 2026-2030 forecast period, supported by rising consumption from industry, electric vehicles, air conditioning and data centres. Worldwide electricity demand grew by 3% year-on-year in 2025. This followed growth of 4.4% in 2024, when intense heat waves and strong industrial activity in many regions boosted electricity use. Looking ahead, annual demand growth over the next five years is set to be 50% higher…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Russia's War on Ukraine
The new energy world The global energy landscape has changed dramatically The energy sector continues to feel the effects of Russia’s invasion of Ukraine, which in February 2022 sparked the first truly global energy crisis. Two years on, energy prices have pulled back from record highs, but trends vary widely among regions. In many parts of the world, prices are still elevated – holding back economic growth, straining the finances of households and businesses, and complicating efforts to improve access to electricity. Energy markets, faced with an unusually high degree of geopolitical uncertainty, remain on edge.In Ukraine, the energy sector…
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Costa Rica
Costa Rica’s energy policy aims to move from a fossil fuels based energy system towards renewable energy sources and to expand its power generation capacity, replacing old power generating stations and developing new projects.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global Energy Review 2026 Electricity demand
Electricity demand grew more than twice as fast as overall energy demand Global electricity demand grew year-on-year by around 3% in 2025, easing from 4.4% in 2024, when intense heat waves boosted electricity consumption. Nevertheless, the 2025 growth rate remained above the 2.8% annual average observed between 2014 and 2024 and was also well over twice the rate of overall global energy demand growth in 2025 (1.3%). Demand growth was well above long-term average rates in advanced economies, but slowed in Asian economies In 2025, emerging market and developing economies accounted for 80% of…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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The Implications of Oil and Gas Field Decline Rates
Much attention today focuses on uncertainties affecting the future evolution of oil and natural gas demand, with less consideration given to how the supply picture could develop. However, understanding decline rates – the annual rate at which production declines from existing oil and gas fields – is crucial for assessing the outlook for oil and gas supply and, by extension, for market balances.The International Energy Agency (IEA) has long examined this issue, and a detailed understanding of decline rates is at the heart of IEA modelling and analysis, underpinning the insights provided by the scenarios in the World Energy Outlook.This new…
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Nicaragua
The National Energy Policy of Nicaragua establishes a policy framework for the development and exploitation of renewable sources. The law sets the objective of prioritizing the use of renewable energy in the national energy mix and of stabilizing energy prices using renewables.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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IEA Guide to Reporting Energy Technology RD&D Budgets
This manual, developed by the International Energy Agency (IEA), provides comprehensive guidance for national experts responsible for reporting energy technology research, development, and demonstration (RD&D) budgets. It outlines the methodology and classification system used to collect and structure RD&D data across IEA member countries, ensuring consistency and comparability. The manual is divided into two main sections: fundamentals of RD&D budget reporting and a detailed classification of energy technologies. It defines RD&D in alignment with the OECD Frascati Manual and clarifies the scope of public and private sector reporting. It also provides instructions for completing the IEA…
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Azerbaijan
Azerbaijan has one of the highest energy self-sufficiency ratios in the world as a major crude oil and natural gas producer. While the renewable sector has not seen as much attention, the government is now looking to stimulate investment and accelerate deployment, allowing for diversification of domestic energy consumption. In addition, the government is working on a new energy strategy that will set the stage for further policy shifts. Azerbaijan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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