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Breakthrough Agenda Report 2026 Cement and concrete
Cement and concrete
- Executive summary
- Hydrogen
- Road transport
- Steel
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+ 3 pages
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Peter Fraser
Former Head of Gas, Coal and Power Markets Division.
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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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Electricity Mid-Year Update 2025 Demand: Global electricity use to grow strongly in 2025 and 2026
Global electricity demand is forecast to increase by an average annual 3.3% in 2025 and by 3.7% in 2026, a moderation from 4.4% in 2024 but still some of the highest growth rates observed over the last decade. This is a slight downward revision from our previous forecast in February 2025 of 4% growth for this year and 3.8% in 2026. The change is partly due to the IMF's downgrade of the global GDP growth outlook compared with its January 2025 update amid elevated uncertainty surrounding trade tariffs and economic prospects. Despite these downside risks…
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Nicholas Howarth
Energy Efficiency Policy Analyst.
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Agnès Pannier-Runacher
Minister of Energy Transition.
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Dave Turk
Former USA Deputy Secretary of Energy. Dave Turk joined the IEA in September 2016 and is currently the Acting Deputy Executive Director and Head of the Strategic Initiatives Office. He formerly served as Deputy Assistant Secretary for International Climate and Technology at the U.S. Department of Energy, where he coordinated the Department’s international clean energy efforts. He also previously served as Deputy Special Envoy for Climate Change at the U.S. Department of State, Special Assistant to the President and Senior Director for Congressional Affairs at the U.S. National Security Council, and in various capacities in the U.S. Congress.
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Federico Callioni
Energy Efficiency Policy Analyst.
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Heymi Bahar
Senior Analyst - Renewable Energy Markets and Policy.
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Alessio Scanziani
Energy Security Analyst.
