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Global Energy Review 2026 Electricity supply
…by around 8.5% year-on-year in 2025, slightly slower than the 9.6% rise observed in 2024 but much faster than the around 6% average of the previous decade. This was despite declines in hydropower output in Europe and Eurasia and lower-than-normal wind speeds, particularly in Europe, which tempered growth. Solar PV saw its largest-ever increase in generation, rising by about 600 TWh. About 55% took place in China, but growth was otherwise broad-based geographically.Annual nuclear generation reached a record high following strong growth in 2024. Output grew by 1.2% in 2025…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Mozambique
In Mozambique, around 40% of people have access to electricity, through the grid or mini/off-grid systems. The government has promoted solar PV solutions in rural areas, reporting that 700 schools and 800 other public buildings now have electricity from solar.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
![Mozambique Flag]()
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Scaling Up Transition Finance Financial institutions and transition finance
A complementary source of finance for transitions Transition finance rests on a practical partnership between corporates and financiers. Successful transitions need finance that goes where the emissions are; this means moving beyond the top performers and working with corporates with material environmental footprints that commit to transition strategies. A common alternative strategy, in which financial institutions simply shift emissions off their balance sheets, creates “financial carbon leakage” and does not reduce real-economy emissions.An IEA survey of financial institutions revealed that differences in regional taxonomies and frameworks pose challenges for cross-border financing. At the same time, it highlighted…
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Energy and AI Energy supply for AI
Global electricity supply to meet data centre demand Global electricity generation to supply data centres is projected to grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1 300 TWh in 2035 in the Base Case. Over the next five years, renewables meet nearly half of the additional demand, followed by natural gas and coal, with nuclear starting to play an increasingly important role towards the end of this decade and beyond.Coal, with a share of about 30%, is the largest source of electricity, though this varies significantly by region, with the highest contribution found in China. Renewables – primarily wind…
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Ukraine’s Energy Security As Ukraine heads into another heating season, six measures can help improve energy security
Air defence remains the best method to protect Ukraine’s critical energy and civilian infrastructure. However, there are other steps that can be taken to increase Ukraine’s energy security ahead of and during the coming winter. The IEA proposes six key actions for Ukraine and its partners to help address ongoing energy security challenges. Action 1: Boost protections for critical energy infrastructure and continue improving equipment supply chains Strengthening the security of critical energy infrastructure across Ukraine is vital to maintaining capacity this winter. A multilayered defence strategy, whereby air defence is combined with passive defence measures, can serve…
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Sheltering From Oil Shocks Infographic: Overview recommended measures
Infographic: Overview recommended measures
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Financing the ASEAN Power Grid Executive summary
…By 2040, total generation capacity is set to more than double with renewables accounting for 75% of new additions under today’s policy settings. This will require over USD 300 billion of investment in the expansion and modernisation of electricity grids from 2025 to 2040 – a 72% increase compared to investment from 2009 to 2024.Interconnectors are set to be a critical component of this grid build-out. The ASEAN Power Grid (APG) has been a pillar of regional cooperation for decades and has emerged as a cornerstone of the ASEAN energy transition. IEA analysis shows that ASEAN countries are…
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Breakthrough Agenda Report 2025 Fertilisers
State of the transition Emissions Around 60-70% of fertiliser-related GHG emissions occur during fertiliser use; the rest occur during production. In total, fertilisers emit around 1.23 Gt CO2 equivalent per year globally.The emissions intensity of ammonia has fallen by 1.1% annually over the last 10 years, driven primarily by improvements in energy efficiency. Cost Excluding policies such as CO2 pricing, ammonia production today is estimated to cost on average 30% more using carbon capture and storage (CCS) and three times more using electrolysis when compared to conventional routes. Scale and narrowing price differentials with fossil fuels can…
- Executive summary
- Power
- Hydrogen
- Road transport
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+ 4 pages
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Financing Electricity Access in Africa Pathway to universal access
Mobilising the necessary investment Under the new Accelerating Clean Cooking and Electricity Services Scenario (ACCESS), investment of nearly USD 150 billion is needed to achieve universal electricity access in sub-Saharan Africa by 2035. This represents a six-fold increase in annual spending from today’s levels, facilitated by improvements to the regulatory environment, strengthened risk management by developers and risk-mitigation tools to support more private investment, and a more targeted use of concessional funds.Around 45% of households currently without access are connected via the grid under the ACCESS scenario, with financial support for households to reduce connection fees and…
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Democratic Republic of the Congo
The Democratic Republic of the Congo has huge hydropower potential while also dealing with extreme energy poverty. Foreign investors are currently partially lifting constraints on the country’s hydropower capacity, which is bringing down the costs of power supply and reducing the share of oil-fired power.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
![Democratic Republic of the Congo Flag]()
