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Powering Ireland’s Energy Future Executive summary
…and integrate it with longer-term power system planning. This will help set priorities and guide market and system development, while allowing potential trade-offs to be proactively identified and managed, where possible.Ireland has a long track record of transforming its power system while managing strong electricity demand growth. In 2024, Ireland supplied about one-third of its electricity from wind, four times the global average and second only to Denmark among countries with gigawatt-scale systems. That made wind the second largest source of electricity in Ireland behind natural gas, which had a share of more than 40…
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What Next for the Global Car Industry The importance of the growth in EV sales for the car industry
…than one-fifth of all cars sold globally were electric. Policies remain key to growth in many regions, although falling prices make affordability an increasingly important driver. In China, two-thirds of battery electric cars sold in 2024 were cheaper than internal combustion engine (ICE) equivalents. In other major markets like Europe and North America, electric cars remain more expensive on average. But prices have been falling in many emerging economies on the back of affordable Chinese imports; in Southeast Asia, this helped push the share of electric car sales to 9% in 2024, almost double the share in 2023…
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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap Executive summary
More than 3 years of war in Ukraine have left their mark on the energy sector. In the power sector, nearly 80% of the thermal generation and about two-thirds of the hydropower capacity have been damaged or destroyed, leading to a power deficit equal to about one-third of peak demand. Hydrogen demand was nearly 1 Mtpa before the war, predominantly for ammonia production, with only about 40 ktpa from refining. However, assets have since been damaged or occupied and demand has plunged by almost 80%. Steel output, which represents a potential new application for hydrogen, has dropped by almost two-thirds…
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Austria 2026 Executive summary
…While economy-wide greenhouse gas (GHG) emissions have fallen by 16% since 1990, emissions including land use, land-use change and forestry (LULUCF) have increased by 13%. In other words, Austria’s forests are losing their ability to absorb carbon, emphasising the urgent need for strengthened mitigation efforts across sectors. Austria must revisit and realign its delivery mechanisms and available financial resources to help close the gap to reach its targets. This report provides timely advice on how Austria can achieve its policy goals with particular focus on two areas: energy system flexibility and industrial competitiveness and decarbonisation.Energy affordability…
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World Energy Investment 2025 India
…levels. This is promoted in part by rules permitting 100% FDI across electricity generation sources (with the exception of nuclear) and transmission infrastructure. However, foreign portfolio investment in energy has declined in the past two years due to a range of macroeconomic and sectoral factors, even as the longer-term trend has been one of steady growth.India’s cost of capital for grid-scale renewable energy is one of the lowest among its emerging market and developing economy counterparts. However, it is still 80% higher than in advanced economies. Higher financing costs affect the financial viability of projects, leading…
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Integrating Solar and Wind in Southeast Asia Executive summary
…for all countries to diversify their energy sources. Driven by rapid urbanisation, population growth, industrialisation and rising living standards, demand growth exceeded 7% in 2024 - nearly double the global average. While the Association of South East Asian Nations (ASEAN) member states are becoming increasingly reliant on imported coal and gas for power generation, the recent global energy crisis underscored the risks that this dependence poses through fuel price volatility and supply disruptions. Meeting electricity demand growth securely, affordably and sustainably requires co-ordinated policy measures and actions from policymakers, regulators and utilities. Southeast Asia has vast potential to leverage a…
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The State of Energy Innovation 2026 Executive summary
…project costs and new designs have brought investment to floating liquefied natural gas (FLNG), which is expected to deliver more than one-eighth of global LNG capacity by 2030, from zero just 10 years ago. Initial FLNG design and testing was funded by European governments in the late 1990s, and the European Union and Japanese government shared funding risks with the private sector on the first major project. Similarly, lithium-ion battery research was initially publicly funded in the 1970s, and the first patent was funded by the UK Government in 1981, before policy support fostered markets that drove further improvements…
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Breakthrough Agenda Report 2026 Executive summary
…across sectors and value chains. This report reviews a subset of the nearly 120 plans, examining how they translate shared objectives into actions, how they incorporate appropriate priorities for international collaboration, and how they can be strengthened to better support near-term implementation across the energy system.Overall, the plans largely demonstrate a strong alignment with key levers for international collaboration that can address the challenges facing each sector. For example, hydrogen, steel, cement and concrete, and fertilisers are all sectors where strong international signals for investment are important for market growth for clean energy options. The related plans appropriately…
- Executive summary
- Hydrogen
- Road transport
- Steel
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+ 3 pages
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Electricity 2026 Grids
…Grid connection queues have reached record levels worldwide. In response, this year’s report examines the range of measures that regulators and system operators are adopting to “move fast and connect things”: enabling more capacity to be integrated more quickly through regulatory reforms and deployment of technologies that can deliver rapid grid upgrades. Greater demand-side participation and the expansion of utility-scale battery storage are additional levers for enhancing system flexibility and managing congestion, which are addressed in detail in the subsequent chapter on Flexibility.This chapter on grids also includes a dedicated section on the synchronisation of the…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap The hydrogen opportunity
…potential importer of hydrogen derivatives), but smaller than Morocco (an alternative supplier to Europe). The high cost of capital in Ukraine could offset lower costs from higher capacity factors.If repurposed, existing gas pipelines to the European Union could transport nearly 33 Mtpa of hydrogen (80% through Slovakia). Most of the capacity is now available. Ukraine also has 13 underground gas sites which could store 2.4 Mtpa of hydrogen; one site near the EU border has a capacity of 1.2 Mtpa. There are two initiatives exploring corridors to the European Union (1.5 Mtpa and 2.4 Mtpa) under development, but they currently lack off…