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Country report
Mar 2025
Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap The hydrogen opportunity
Highlights Ukraine has 18-38 Mtpa of technical renewable hydrogen potential, though economic constraints would result in lower potential. Most potential is in regions with scarce water resources and competition from other industrial activities. Domestic demand for use for steel and fertilisers could reach 2.2 Mtpa, if pre-invasion capacity is restored, and the government target has set a target of 7.2 Mtpa of production by 2050. Most hydrogen production projects proposed prior to the invasion are close to the border with the European Union.Ukraine has a technical potential for solar PV and onshore wind equivalent to 9‑14 times its pre…
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Country report
Nov 2025
Sustainable Transport Policy for Armenia: A Roadmap Accelerating sustainable transport
Amid a rapidly changing energy landscape and mounting environmental pressures, Armenia faces both an urgent challenge and an opportunity to reshape its transport system. As it seeks to balance the twin goals of enhanced energy security and reduced dependence on imported fossil fuels, Armenia has made the transition to sustainable transport a top priority.This chapter lays out a forward-looking framework designed to accelerate Armenia’s shift to an efficient, low-carbon and resilient transport system. Drawing on international best practices, the recommendations focus on three interconnected priorities: electrifying the road transport fleet, boosting overall transport system efficiency and…
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Flagship report
May 2025
Global EV Outlook 2025 Executive summary
Electric car sales continue to break records globally, particularly in China and other emerging economies Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%. Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020. China maintained its lead, with electric cars accounting for almost half of all car sales in 2024; the over 11 million electric cars sold in China last year were more than global sales just 2 years earlier. As a result of…
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Flagship report
Mar 2025
Global Energy Review 2025 Global trends
Energy demand accelerates, with electricity leading the way Different elements of the world’s energy system saw very different rates of growth in 2024, reflecting both the impact of short-term factors and deeper structural trends. Global energy demand grew by 2.2% in 2024, a notably faster rate than the annual average of 1.3% seen between 2013 and 2023. This uptick was partly due to the effect of extreme weather, which we estimate added 0.3 percentage points to the 2.2% growth. Despite this, energy demand grew more slowly than the global economy, which expanded by 3…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Flagship report
Apr 2026
Global Energy Review 2026 Technology: Battery storage
Battery storage is the fastest growing power technology today. In 2025, 108 GW of new battery storage capacity was deployed worldwide, 40% more than in 2024. Installed capacity is now eleven times higher than in 2021. Lithium‑iron phosphate (LFP) batteries now account for around 90% of deployments; while less energy‑dense than rival chemistries commonly used in EVs, LFP batteries are typically cheaper and better suited to more frequent cycling. Just five years ago, the market share of LFP batteries in deployments was well below 50%. Around 80% of new battery capacity in 2025 was utility‑scale. The remainder was behind-the…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Fuel report
Oct 2025
Renewables 2025 Renewable electricity
Renewable electricity additions for 2025-2030 total 4 600 GW – equal to the combined installed power capacity of China, the European Union and Japan Globally, renewable power capacity is projected to increase almost 4 600 GW between 2025 and 2030 – double the deployment of the previous five years (2019-2024). Growth in utility-scale and distributed solar PV more than doubles, representing nearly 80% of worldwide renewable electricity capacity expansion. Low module costs, relatively efficient permitting processes and broad social acceptance drive the acceleration in solar PV adoption.Distributed solar PV applications (residential, commercial, industrial and off-grid projects) account for 42…
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Flagship report
Jun 2025
World Energy Investment 2025 Source, flows and destination of global energy-related investment spending
Most energy investment is supported by commercial finance and made by private sponsors, but the sources of finance vary widely by technology and region. Today, 75% of the available finance for investment in the energy sector is commercial finance, but domestic and international public finance play important roles that vary widely across regions and sectors.
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Flagship report
Apr 2026
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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Flagship report
May 2025
Global EV Outlook 2025 Trends in other light-duty electric vehicles
Electric two- and three-wheelers Contrasting regional trends mean global sales of electric two- and three-wheelers remain at around 15% Two- and three-wheelers (2/3Ws) remained the most electrified road transport segment in 2024, with more than 9% of the global fleet now electric. The global sales share of electric models remained at around 15% in 2024 with total electric model sales reaching 10 million. The electric sales share stalled in 2024, mostly due to the shrinking Chinese electric 2/3W market, although growth in other regions was steady. China, India and Southeast Asia remain the world’s largest…