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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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Renewables 2022 Renewable heat
Recent trends and policy update Heating is the world’s largest energy end use, accounting for almost half of global final energy consumption. Industrial processes are responsible for 53% of the final energy consumed for heat, while another 44% is used in buildings for space and water heating and, to a lesser extent, cooking. The remainder is used in agriculture, primarily for greenhouse heating. The heating sector is largely dominated by fossil fuels, with renewable energy sources meeting less than one-quarter of global heat demand in 2021 (and the traditional use of biomass makes up half this amount).With…
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Ramping up Heat Pumps in Moldova: A Roadmap Executive summary
…main energy security challenge. Replacing natural gas-fired heating technologies with heat pumps would improve the country’s energy security. The recent expansion of Moldova’s solar and wind capacity also means that heat pumps can now play a greater role in cutting greenhouse gas emissions and lowering local air pollution. Finally, Moldovan’s 2024 referendum, endorsing the goal of European Union membership, underscores the country’s commitment to European integration. Outlining an effective path to decarbonise energy use is a prerequisite for joining the bloc and heat pumps can play a central role in this. Overcoming barriers to heat…
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Mauritius
The energy mix in Mauritius is dominated by coal and oil. Almost 10% of the country's final energy consumption is generated by modern renewable sources of energy – a share that has gradually decreased for the past 20 years.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Outlook 2022 Outlook for solid fuels
Recent developments have dealt a blow to the idea that global coal demand might soon subside. The drop in coal demand in 2020 was more than offset by a strong rebound in 2021, taking it very close to its all-time high. In advanced economies, where coal use had been declining, demand increased by nearly 10%. In emerging market and developing economies, which account for just over 80% of global coal use today, demand rose by 5%.Coal production in 2021 struggled to keep pace with one of the largest ever annual increases in demand. Markets have been further upended…
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Sustainable Transport for Georgia: A Roadmap Transport in Georgia: Taking stock
Status and key developments Transportation is a key contributor to Georgia’s economic growth. Economic activity associated with transport and warehousing in the country has grown rapidly, outpacing gross domestic product (GDP). Between 2010 and 2022, transport’s contribution to GDP nearly tripled, increasing from 1.4 billion GEL (520 million USD) to 4.1 billion GEL (1.52 billion USD). In 2023, transport and storage combined contributed 6.5% to Georgia’s GDP.Transport and storage employed around 8% of Georgia’s workforce in 2023. Cargo movements spurred by Russia’s 2022 full-scale invasion of Ukraine pushed up…
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Global Hydrogen Review 2026 Cost acceptability
Analysis of the costs of hydrogen in different end-uses enables identification of the maximum acceptable costs for hydrogen users, i.e. the maximum amount that can be spent on the hydrogen feedstock within a low-emissions pathway while maintaining the same total levelised cost of production as the incumbent pathway to produce the same commodity.This can enable policy makers and investors to identify sectors with both high maximum acceptable hydrogen costs and high potential volumes that can serve as lead markets for low-emissions hydrogen. Cost acceptability can be influenced by policies and depends on technologies, fuels and…
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The Future of Electricity in the Middle East and North Africa Executive summary
…driver of electricity demand growth in the region. The MENA region also faces extreme water stress, with an imbalance between freshwater demand and renewable water supply four times the global average. Seven of the eight most water-stressed nations globally are in the region. To meet demand, MENA produced 12 billion cubic metres (bcm) of desalinated water in 2024, equivalent to the annual flow of the Euphrates River. Production is set to triple by 2035. While most desalination today relies on oil and gas, the last major investment in thermal desalination took place in 2018. Future growth is set to be met entirely…
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Global EV Outlook 2026 Manufacturing and trade
…rise from the previous year. Other European countries, principally the United Kingdom, continued to be the main destinations for EU exports, representing two-thirds of the total. Recent tariff hikes in the United States reduced North America’s share of EU exports by nearly four percentage points, though export volumes were similar to 2024 levels. Despite growing exports, the EU net trade balance narrowed as imports went up around 35% year-on-year to reach more than 900 000 in 2025. China accounted for almost 60% of these, equivalent to less than 20% of EU demand, a similar share to the previous year. Chinese-made electric cars sold…
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What Next for the Global Car Industry Pathways to global EV cost-competitiveness
Highlights The gap in competitiveness in electric car manufacturing between new market-entrants located in China and incumbents in other countries has grown in the past 5 years. Battery electric car production costs are over 30% lower in China than in advanced economies, and around a third of the difference can be attributed to the battery. However, a similar production cost gap exists for conventional cars. Battery cell prices are, on average, over 30% lower in China than in Europe and over 20% lower than in the United States. Reducing the manufacturing cost gap is possible – half is due to efficiency…
