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Southeast Asia Energy Outlook 2026 Southeast Asia’s energy challenges and emerging opportunities
…fuel import bill to around half this level. Renewables, electrification and efficiency therefore offer long-term security as well as emissions benefits. Developing domestic oil and gas resources where geologically and economically viable, and enhancing the resilience of oil supply through diversification and refinery system flexibility also contribute region’s resilient energy system. Some countries turn to coal when gas prices spike, but coal use entails broader risks, including CO₂ emissions and air pollution, which contributed to an estimated 330 000 premature deaths in 2024. Measures implemented as of 7 May 2026. FX = foreign exchange. CB = central bank…
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India’s electricity demand grows at night: Managing rising cooling demand
India cooling commentary As India’s cooling demand surges alongside solar power capacity, ensuring sufficient nighttime power capacity is key Power consumption in India is on the rise amid economic and population growth, as well as the growing use of air conditioning as more households purchase units and temperatures increase. Since 2019, the country’s electricity demand has increased by 5% per year. While electricity supply has kept pace, solar PV has accounted for two-thirds of power capacity additions in India since 2019. Against this backdrop, ensuring adequate power generation capacity during periods of peak demand is emerging as…
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Advancing Methane Emissions Reductions by National Oil Companies
…play in shaping the outlook for methane emissions. Rapid and cost-effective measures to tackle methane emissions by NOCs could deliver an annual reduction of up to 30 million tonnes (Mt) of methane by 2030, an impact comparable to eliminating all CO2 emissions from the global aviation industry. This report aims to support NOCs on their methane reduction journey.Around half of the oil and gas produced by NOCs is covered by pledges to achieve near-zero methane emissions by 2030. NOCs are tackling methane emissions in line with policy goals, to improve their sustainability credentials, and to attract financing…
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Oil Market Report - March 2026
…April compared to previous estimates. Higher oil prices and a more precarious outlook for the global economy pose further risks to the forecast. Global oil consumption is now set to increase by 640 kb/d y-o-y in 2026 – down 210 kb/d from last month.Oil prices have gyrated wildly since the United States and Israel launched joint air strikes on Iran on 28 February. Disruptions to Middle Eastern supplies due to attacks on the region’s oil infrastructure and the cessation of tanker traffic through the Strait of Hormuz sent Brent futures soaring, trading within a whisker…
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Key Questions on Energy and AI Executive summary
The AI and energy nexus continues to evolve rapidly The largest technology companies are contributing to a surge in data centre investment, as their capital expenditure exceeded USD 400 billion in 2025 – and is expected to jump by another 75% in 2026. Capital expenditure of just five technology companies is now larger than global investment in oil and natural gas production. Many jurisdictions are seeing project pipelines accelerate dramatically, although not all projects will come to fruition. Those that are moving forward are doing so at pace: the IEA’s unique satellite-based tracking shows that “artificial intelligence (AI) factories…
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Energy and AI Executive summary
…However, there is still a lack of understanding of the stakes and implications of this deepening connection between energy and AI. Consistent with its strong track record of identifying and exploring emerging issues in the energy sector, this new International Energy Agency (IEA) special report seeks to fill this gap with the most comprehensive, data-driven analysis on the topic to date. Based on a new global model and comprehensive dataset of data centre electricity demand, its analysis was also enriched by an in-depth process of consultation with policy makers, the tech sector, the energy industry and other experts…
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Multiple Benefits of Energy Efficiency for Business Health and well-being
…air pollutants and other process inefficiencies, they lower health and safety risks while improving comfort and working conditions.In manufacturing, these effects can be direct. For example, in electronics manufacturing, conventional soldering requires thermal pre-heating cycles that exposes workers to high ambient heat as well as safety risks. Replacing this with induction heating enables localised heating of the material, reducing energy demand by around 70% while eliminating heat stress and safety hazards for workers.Similar benefits are observed in other industrial settings. For example, in apparel manufacturing in India, replacing fluorescent lighting with LEDs reduced energy use by around…
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Artificial Intelligence
…new trends and questions in April 2026.As the tech sector and energy industry become more intertwined than ever before, the IEA will continue to provide data and robust analysis to inform decision makers. It will also facilitate ongoing dialogue and collaboration among stakeholders, which is essential to maximising benefits and reducing risks. . Meeting electricity demand Data centres, AI and electricity demand The training and deployment of AI models mainly occurs in data centres. While traditional data centres use between 10 and 25 megawatts (MW) of power, demand by hyperscale AI centres can exceed 100 MW – equivalent to the annual…
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Global Energy Review 2025 Global trends
…Despite this, energy demand grew more slowly than the global economy, which expanded by 3.2% in 2024, close to its long-term average. Electricity demand grew more rapidly than both overall energy demand and GDP, increasing by 4.3% in 2024. The absolute increase in demand was the largest ever recorded (excluding the jumps in years when the global economy recovered from recession). This reflects structural trends such as growing access to electricity-intensive appliances like air conditioning and a shift towards electricity-intensive manufacturing, as well as increasing power demand from digitalisation, data centres and AI, and the…
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World Energy Investment 2025 United States
…that aimed to enhance domestic competitiveness and attract foreign direct investment. The United States is now home to 8% of global lithium-ion battery production and in 2024 solar PV module manufacturing capacity nearly tripled to 42 GW.With a boom in Artificial Intelligence (AI), and subsequent investment in data centres (DC), companies are racing to secure sources of clean electricity. This has led to a surge in the US corporate power purchase agreement (PPA) market wherein technology and DC companies have been responsible for procuring 86 GW of renewable capacity since 2015. This has also created demand for next-generation energy…
