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The State of Energy Innovation 2026
The second edition of The State of Energy Innovation turns the spotlight on the technologies, policies and funders at the forefront of energy technology development. It provides a comprehensive assessment of recent progress and emerging challenges in energy technology innovation, drawing on over 150 innovation highlights from 2025 and a survey of practitioners across more than 40 countries. It analyses trends in public and corporate R&D spending, venture capital flows, patenting and policy, as well as providing an update on progress towards the 18 IEA Races to First in energy innovation. This data-driven approach informs policy makers, industry…
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Renewables 2025 Executive summary
Renewables’ global growth, driven by solar PV, remains strong amid rising headwinds Global renewable power capacity is expected to double between now and 2030, increasing by 4 600 gigawatts (GW). This is roughly the equivalent of adding China, the European Union and Japan’s power generation capacity combined to the global energy mix. Solar PV accounts for almost 80% of the global increase, followed by wind, hydropower, bioenergy and geothermal. In more than 80% of countries worldwide, renewable power capacity is set to grow faster between 2025 and 2030 than it did over the previous five-year period. However, challenges including…
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World Energy Outlook 2025 Executive summary
In a volatile world, energy security takes centre stage Pressing threats and longer term hazards are elevating energy to a core issue of economic and national security. Energy is at the heart of today’s geopolitical tensions, with traditional risks to fuel supply now accompanied by restrictions affecting supplies of critical minerals. The electricity sector – so essential to modern economies – is also increasingly vulnerable to cyber, operational and weather-related hazards.Decisions taken by energy policy makers will be crucial to address these risks, but they do so against a complex backdrop:Geopolitical fragility coexists with subdued oil prices. Ongoing…
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Electricity Market Design
Building on strengths, addressing gaps Electricity markets play a central role in balancing supply and demand, guiding operational decisions and shaping investment outcomes. As systems change with higher shares of variable generation, greater decentralisation and evolving patterns of electricity use, the ability of market designs to deliver secure and affordable electricity has never been more critical. If market arrangements do not keep pace with these developments, the functioning of electricity systems could become more uncertain and more costly.This report provides a cross-regional assessment of how wholesale electricity markets and their complementary policy mechanisms are performing today. We find…
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World Energy Outlook 2025 Achieving access for all
A roadmap for universal energy access Today around 2 billion people lack access to clean cooking and some 730 million remain without electricity – deficits which have far-reaching implications for health, economic opportunity and global development. Since 2010, 1.5 billion people have gained access to clean cooking and 1 billion to electricity, demonstrating that rapid progress is possible. Our new Accelerating Clean Cooking and Electricity Services Scenario (ACCESS) outlines a country-by-country pathway to universal access that draws on lessons about what has worked best in recent years. Universal clean cooking access is achieved in the ACCESS around 2040. Over 60…
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Energy and AI AI for energy optimisation and innovation
AI can help optimise complex energy systems The energy system is complex and evolving. It is becoming increasingly electrified, digitalised, connected and decentralised, with mounting cost pressures. These drivers have encouraged energy companies to deploy applications that utilise artificial intelligence to optimise systems, improve production, reduce costs, raise efficiency, improve uptime, cut emissions and enhance safety. Many of the desired goals of AI’s application in the energy sector – such as cost reductions, enhanced reliability and improved resilience – are challenging to quantify at a broader sectoral level, beyond the confines of individual case studies. It is also challenging to predict…
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Global Hydrogen Review 2024 Progress summary dashboard
Note: 2024e = Estimated based on announced projects. FID = Final Investment Decision.
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World Energy Investment 2026 Regional dashboards
Despite the destabilising effect of the Middle East conflict, capital flows to the energy sector are expected to grow to USD 3.4 trillion in 2026, a 5% rise from 2025, mainly from China, the US, and the EU. Clean energy investment grows to USD 2.2 trillion, almost double that of fossil fuels. Investment in clean energy increases year-on-year by 7% in advanced economies and in China, while 4% in other emerging markets, reflecting regional differences with a shared focus on energy security.
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Energy Efficiency Policy Toolkit Heat Pumps for Buildings
Heat Pumps for Buildings
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Global EV Outlook 2025 Trends in heavy-duty electric vehicles
Electric bus and truck sales The electric bus market continued to expand, backed by increasingly favourable economics Electric bus sales grew by 30% in 2024Global sales of electric buses reached more than 70 000 in 2024, driven by renewed growth in China. Sales outside of China increased by just 5% in 2024, although they have almost tripled compared to 2020. As electric bus sales have increased in a range of countries, China’s share of global sales has fallen from around 99% in 2017 to less than 70% in 2024. Although electric bus sales in China generally declined from 2017 to…
