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Natural Gas
…markets, which have been tight and volatile for several years, are set to undergo major changes by the end of this decade. The unfolding coming wave of liquefied natural gas (LNG) production capacity is set to rebalance the global gas market, enhance energy supply security and improve the affordability of natural gas.
About 300 billion cubic metres (bcm) per year of LNG export capacity – a record – is set to be added by 2030, primarily supported by liquefaction capacity additions in the United States and Qatar. This expansion could translate to a net LNG supply increase of 250 bcm a year…
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Nuclear Power
A new era for nuclear energy beckons as projects, policies and investments increase
As the world’s second-largest source of low-emissions electricity after hydropower, nuclear power today produces just under 10% of global electricity supply. Now, fresh momentum around the world has the potential to open a new era for nuclear energy.
Power generation from the global fleet of nearly 420 active nuclear reactors is set to reach a record high in 2025 as Japan restarts production, maintenance works are completed in France, and new reactors begin commercial operations in various markets, including China, Europe, India and Korea…
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Electrolysers
Country and regional highlights
Progress is spread across different continents, from China, which leads on installed capacity, to the European Union, which have adopted important policies, and other regions like India and the Middle East moving forward with a small number of large-scale projects
Technology deployment
Global installed electrolyser capacity reached 1.4 GW at the end of 2023, almost double the one at the end of 2022
Technology manufacturing
Innovation
Policy
Investment
Acknowledgements
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Energy savings
…compensated for the increase in energy use due to increased activity, such as home building and increased home sizes. In the transport sector, most efficiency improvements were realised in passenger vehicles – around one-sixth of the total. These energy savings were higher than the increased demand due to the rising number, frequency and distance of people travelling. Efficiency improvements in freight transport, such as trucks, drove around 1% of the total energy savings. This was lower than the rise in freight transport activity over the same period. Need more information? IEA (2025), Energy End-uses and Efficiency Indicators.IEA (2023…
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Energy Management for Industry
Driving efficiency implementation This report demonstrates the value of energy management for industry and governments. It illustrates how more systematic approaches to energy efficiency can contribute to ensure continual, durable, and increasing improvements that support competitiveness and energy security. It shows how new advances in energy management, such as increased digitalisation and artificial intelligence, can provide further benefits at speed and at scale. Building on best practices and innovative approaches, the report provides policy guidance on effective policy packages, giving insights into possible actions for policy makers irrespective of the maturity of existing programmes.
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How governments can best support consumers during this energy crisis
…untargeted energy bill support primarily benefits higher-income households and puts pressure on public finances When prices rise sharply, governments often first turn to broad-based price support measures that can provide immediate relief to consumers. This is already happening, with several countries in Asia and Europe temporarily capping fuel prices or reducing energy taxes.However, while untargeted support measures can be implemented relatively quickly, they present two major challenges. First, universally lowering the price of fuel when supply is tight sends the wrong market signal, weakening incentives to reduce energy use and improve efficiency in the context of the…
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Delivering on the EU’s electrification ambitions
…Electrification is a key pillar of the EU’s energy security, industrial competitiveness, and climate strategy. Today, imported fuels account for around 60% of the EU’s total energy demand and cost the bloc EUR 380 billion in 2024. The risks associated with the EU’s reliance on fuel imports have been highlighted by recent market disruptions linked to the near-closure of the Strait of Hormuz amid the conflict in the Middle East, bringing renewed attention to the EU’s target of increasing electrification from 24% today to 32% of energy consumption by 2030.This commentary is the second…
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The energy crisis creates even stronger impetus for EU electrification
…sectors), source less than one quarter of their energy consumption from electricity. Today, around two-thirds of end-use energy consumption relies on fossil fuels, of which the EU imports more than 80%.This commentary is the first in a series examining the case for electrification in the EU, identifying cost competitiveness and areas where targeted policies could catalyse change. Fuel price ratios determine electrification competitiveness To make electrification cost-competitive, electricity prices need to fall below a threshold ratio relative to the price of fossil fuels. Because most electrification options are several times more efficient than conventional alternatives, they…
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What it would take to unlock the next phase of hydrogen growth
Can hydrogen scale up successfully Global hydrogen demand reached 100 Mt in 2024, mainly from refineries, the production of chemicals and the iron and steel sector. Demand grew by almost 2% from 2023, in line with overall energy demand growth. This consumption was almost completely met with hydrogen produced from unabated fossil fuels, using 290 billion cubic metres of natural gas and 90 million tonnes of coal equivalent. However, alternative technologies that can produce low-emissions hydrogen have attracted a lot of interest from governments given their potential to reduce greenhouse gas emissions and diversify energy supply, particularly in countries that have a…
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How accelerating electrification could strengthen energy security in Southeast Asia
…s rising energy demand while mitigating these energy security risks. Efficient electric technologies, such as electric motors, heat pumps and electric vehicles, can deliver the same services while consuming less energy than fossil fuel-based alternatives. Shifting final energy consumption towards electricity generated from domestic and low-emissions sources can also reduce dependence on imported fuels, strengthen system resilience and reduce emissions.Electrification is already shaping energy trends across Southeast Asia, with electricity accounting for 23% of final energy consumption today – higher than the global average. Some countries have even higher shares. For example, around 30% of energy consumed in…