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7 certainties about energy for this age of uncertainty
ED commentary The energy sector, like many others, is contending with a blizzard of uncertainties, complicating the work of policymakers, business leaders and investors.Geopolitical twists and turns are straining long-established relationships and upending deeply held assumptions. The World Uncertainty Index, devised by economists from the IMF and Stanford University, has hit unprecedented levels in recent months.But in this time of flux, there are still some important trends that we can identify with some confidence. Here are seven that can help us keep our bearings: The world has entered the age of electricity Oil and gas will still…
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Uganda
…The country produces electricity mainly from hydroelectric plants. Between 2017 and 2019, electrification outpaced population growth in Uganda. However in 2020, less than 5% of the population had access to clean cooking.
The Electricity Connection Policy was introduced in 2018 with the ambition of increasing Uganda’s electricity access to 60 percent by 2027 through connection subsidies for consumers located close to the existing network. About 300,000 households and businesses have received free electricity connections, benefiting 1.5 million Ugandans. Implemented by the Rural Electrification Agency, the policy also provides low-cost wiring solutions (such as “ready boards”) for…- Overview
- Energy mix
- Emissions
- Electricity
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Solar PV
Solar PV continues to dominate global renewables growth, though at a slower rate
Recent policy changes are expected to affect the pace at which solar PV capacity is added annually through the end of this decade. Even so, low costs, faster permitting and broad social acceptance are set to continue to drive the accelerating adoption of solar PV. As a result, capacity is set to more than double between 2025 and 2030 compared with the 2019 to 2024 period.
A growing share of variable renewable sources such as solar also comes with challenges. Curtailment levels and instances of negative electricity…
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Financing CCUS at Scale
How to Mobilise Private Capital Carbon capture, utilisation and storage (CCUS) is an important area of attention for governments and financiers as both look to balance policy and investment goals. Recent financial investment decisions of major projects show promise in a sector that is gaining momentum, but its future success depends on viable business models and effective risk allocation across the value chain.In this context, Financing CCUS at Scale is the IEA’s latest report on what it takes to move CCUS projects from the drawing board to operation. Building on expert interviews with leading financial institutions, the report…
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Madagascar
Around a quarter of the population of Madagascar has access to electricity, and only 1.5% has access to clean cooking facilities. In 2019, Madagascar’s energy mix was dominated by biofuels and wastes (85%), with oil products (11%), coal and hydro accounting for the rest of the total energy supply. In 2020, less than 5% of the population had access to clean cooking and 27% had access to electricity. The Government of Madagascar has set a target of reaching 70% electricity access rate by 2030.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Investment 2025 Africa
…over 65% of installed electrical capacity. By contrast, Sub-Saharan Africa, home to most of the region’s population, receives less energy investment and has limited access to reliable electricity. New connection rates have steadily increased since 2000 but remain well below the universal access target set for 2030, with 600 million people still lacking electricity access and more than 1 billion people without clean cooking. Over the past decade roughly half of energy investment in Africa has been in oil and gas, primarily made by private companies with a view to export. Meanwhile, spending on clean energy remained relatively…
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Gaining an Edge
The Role of Energy Efficiency in Enhancing Competitiveness Energy efficiency delivers more than energy savings and emission reductions – it can also improve the competitiveness of countries and firms. From increased profitability to job creation, energy efficiency helps firms compete amid high costs, growing demand, and rising trade pressures. In today’s global context, energy efficiency is not only a matter of energy policy, but also of economic policy.The report analyses historical progress in industrial energy efficiency and its role in enhancing industrial competitiveness. It includes comparisons of firm-level energy efficiency, identifying performance gaps and opportunities for further improvement. Drawing…
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Energy Efficiency Policy Toolkit Financing Energy Efficiency
…global energy transition.Investment patterns, however, remain uneven. China, the United States, and the European Union continue to attract the bulk of clean‑energy capital, while many emerging and developing economies face persistent barriers, including higher financing costs and limited access to affordable capital. As a result, efficiency investment in these economies is growing far more slowly than in advanced economies and China. The IEA stresses the need to mobilise more finance, reduce investment risks, and expand suitable financing instruments to support the deployment of energy‑efficient technologies and infrastructure. Households are the main investors in energy efficiency, more so than any…
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World Energy Outlook 2022 Energy security in energy transitions
Energy security is not just about having uninterrupted access to energy, but also about securing energy supplies at an affordable price. It is a topic of perennial importance, and is once again high on the policy agenda as a result of the global energy crisis sparked by Russia’s invasion of Ukraine. The surge in energy prices has been on a large enough scale to worsen considerably the global economic outlook, causing difficulties for households and industrial operations alike, and leading many governments to recalibrate their policy priorities. Energy transitions offer the chance to build a safer and more sustainable…
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Scaling Up Demand Flexibility
From peak management to efficient system operation This report has been developed as part of the International Energy Agency (IEA) Digital Demand-Driven Electricity Networks (3DEN) initiative to examine the growing importance of demand flexibility in electricity systems amid rising demand, increased renewable energy integration and the electrification of power systems. Case studies in chronological order to examine the changing role of demand flexibility over time from South Africa (2025), Thailand (2030) and Ireland (2035) demonstrate how demand flexibility improves reliability, reduces costs, supports renewables integration and manages network constraints. To realise these benefits, the report emphasises the role for…
