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Fuel report
Jul 2025
Coal Mid-Year Update 2025 Prices
In the last 12 months, all major coal price indices declined The global coal market has undergone a gradual normalisation since the peak of the 2022 energy crisis, when thermal coal prices soared above USD 400 per tonne across multiple benchmarks. This extraordinary price spike briefly saw thermal coal trading at a premium to coking coal.By 2023, as energy markets broadly recalibrated, coal prices began to ease. The traditional pricing hierarchy reasserted itself, with coking coal once again priced above thermal coal. This shift reflected a normalisation of market conditions, improving supply-demand balances. Notably, tight coking coal supply from…
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Report
Oct 2025
Breakthrough Agenda Report 2025 Building
State of the transition Emissions Sectorial CO2 emissions trends have been fairly stable since 2018.Efficiency gains in buildings are improving energy use, but rising ownership of appliances and extreme weather increasingly offset these benefits.Emissions intensity of steel and cement is largely the same as 2020, while global construction activity has slowed in recent years. Cost Investment in building energy efficiency has risen over the past decade, but growth is now stalling, while spending on electrification grows steadily.High-efficiency building envelopes often entail higher upfront costs, constraining uptake in markets without dedicated financial support mechanisms.Strengthening the business…
- Executive summary
- Power
- Hydrogen
- Road transport
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+ 4 pages
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Fuel report
Sep 2025
Global Hydrogen Review 2025 Demand
Highlights Global hydrogen demand reached almost 100 Mt in 2024 and is expected to surpass that milestone in 2025. This increase is being driven by demand for industrial products that use hydrogen as a feedstock, rather than being the result of successful implementation of energy and climate policies.Demand is still almost exclusively from established sectors (refining, ammonia, methanol and fossil-based direct reduced iron [DRI]), with demand for new applications (biofuels upgrading, new industrial uses, mobility, power or synthetic fuels) growing but from a very low base – less than 1% of demand.Low-emissions hydrogen use increased by nearly 10…
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Fuel report
May 2025
Global Methane Tracker 2025 Accelerating industry action
Current oil and gas industry initiatives on methane A growing number of oil and gas companies have set methane targets, joining initiatives such as the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the Oil and Gas Climate Initiative (OGCI), the Oil and Gas Decarbonization Charter (OGDC), and the Methane Guiding Principles. OGMP 2.0 is the flagship oil and gas reporting and mitigation initiative of the United Nations Environment Programme (UNEP). Since 2023, around 20 new companies joined OGMP 2.0, bringing coverage to just over 40% of global oil and gas production.OGCI’s Aiming for Zero…
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Policy
South Africa
2004
Energy Efficiency and Demand Side Management (EEDSM) Programme
…in 2012. Energy Conservation Target: energy efficiency potential is between 20-30% across many segments. Responding to the Government's National Energy Efficiency Strategy (NEES) to reduce energy demand and contribute to the short-term shortage of electricity supply, Eskom (the largest state owned utility company of South Africa) launched a financial incentive program. Eskom had a number of programmes in place targeted at different customers and energy savings project sizes. Incentive schemes that offered opportunities for the all industrial companies include the following : Standard Product Program: pre-approved rebates for deemed energy savings achieved through specified technologies. Eskom provided…
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Policy
European Union
2023
Zambia - EU Strategic Partnership on sustainable raw materials value chains
…skills.The MoU commits Zambia and the European Union to develop, within six months of the signing, an initial operational roadmap for concrete activities across the five key areas of collaboration. On the same day, the European Union announced a similar MoU with the Democratic Republic of the Congo (DRC) and a separate MoU with the Angola, DRC, the United States, Zambia, the African Development Bank, and the Africa Finance Corporation to support development of the "Lobito Corridor," which would connect the mining regions in Southern DRC and Northern Zambia to ports in Angola to facilitate export of raw materials.
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Policy
Zambia
2023
Zambia - EU Strategic Partnership on sustainable raw materials value chains
…skills.The MoU commits Zambia and the European Union to develop, within six months of the signing, an initial operational roadmap for concrete activities across the five key areas of collaboration. On the same day, the European Union announced a similar MoU with the Democratic Republic of the Congo (DRC) and a separate MoU with the Angola, DRC, the United States, Zambia, the African Development Bank, and the Africa Finance Corporation to support development of the "Lobito Corridor," which would connect the mining regions in Southern DRC and Northern Zambia to ports in Angola to facilitate export of raw materials.