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Electricity 2026 Executive summary
…over the past decade. India and Southeast Asia’s share of electricity demand growth among emerging economies is forecast to rise substantially by 2030, driven by robust economic growth and rapidly rising demand for air conditioning, which is set to boost both annual consumption and peak loads.Electricity demand growth in advanced economies is accelerating again after 15 years of stagnation. This resurgence signals a new era in which electricity is a major energy input to some of the most dynamic drivers of global economies, such as artificial intelligence (AI), data centres and advanced manufacturing. In 2025, advanced economies accounted for…
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World Energy Investment 2026 Regional dashboards
Despite the destabilising effect of the Middle East conflict, capital flows to the energy sector are expected to grow to USD 3.4 trillion in 2026, a 5% rise from 2025, mainly from China, the US, and the EU. Clean energy investment grows to USD 2.2 trillion, almost double that of fossil fuels. Investment in clean energy increases year-on-year by 7% in advanced economies and in China, while 4% in other emerging markets, reflecting regional differences with a shared focus on energy security.
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Energy and AI Energy demand from AI
What is a data centre? Artificial intelligence (AI) model training and deployment occur mainly in data centres. Understanding the role of data centres as actors in the energy system first requires an understanding of their component parts. Data centres are facilities used to house servers, storage systems, networking equipment and associated components that are installed in racks and organised into rows. This IT equipment, and a range of auxiliary equipment required to keep it in working order, comprise the following:Servers are computers that process and store data. They can be equipped with central processing units (CPUs) and specialised accelerators…
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Southeast Asia Energy Outlook 2026 Southeast Asia’s energy challenges and emerging opportunities
…add to fiscal pressure without addressing underlying exposure. The region’s energy import bill could rise from over USD 80 billion in 2024 to around USD 245 billion by 2035; reaching announced climate pledges would cut the 2035 fossil 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…
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World Energy Employment 2024 Executive summary
…in clean energy sectors is prompting firms to hire aggressively in anticipation of future growth – a tactic that could prove effective but may also leave some companies exposed to uncertainties related to project flows and changing policies. Countries that are forging ahead into clean energy are seeing significant employment growth from these sectors, with clean energy job growth representing over 10% of economy-wide job growth in China and 4-6% in advanced economies such as the United States, the European Union and Japan in 2023. However, in many emerging and developing economies other than China, clean energy’s share…
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World Energy Investment 2025 United States
…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 technologies such as small modular reactors (SMR) and advanced geothermal plants, reaching agreements respectively for 26 GW (mostly SMR) and 265 MW as of Q4 2024. This has been enabled by deep financial markets and a domestic venture capital ecosystem, which have helped drive early-stage growth…
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What Next for the Global Car Industry Pathways to global EV cost-competitiveness
…cost gap is possible – half is due to efficiency and automation, and 30% to access to low-cost supplies of critical minerals and battery components. Energy costs have only a small impact – between 1% and 4% depending on the region and powertrain -- on the direct cost of car manufacturing including parts and assembly. However, they can be twice as high for battery electric as for conventional cars in countries with above-average energy prices. In upstream industries like steel production, energy accounts for 25% of costs, on average. The differences in purchase prices for battery electric and conventional cars in…
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World Energy Investment 2025 Eurasia
…a significant share of overall energy investment, Eurasia's upstream oil and gas investment is projected to be around USD 54 billion by 2025, around half of 2015 levels. This decline is particularly evident in greenfield projects, where investment has fallen from around 50% in 2015 to less than 20% in 2025. Around 75% of oil and gas upstream investment in the region is made by Russia. Low oil prices have pushed Russian companies to cut costs and focus on cheaper brownfield projects rather than new developments. Moreover, international sanctions against Russia have significantly affected the energy sector by limiting access to…
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Outlook for Biogas and Biomethane Biogas and biomethane outlook to 2050
…in the Outlook scenarios. Electricity's share in total final consumption increases from 20% in 2023 to over 30% by 2050 in the STEPs and around 40% in the APS. Nevertheless, liquid and gaseous fuels still meet 50% of total final energy consumption in the STEPS and 40% in the APS, creating opportunities for the use of low-emissions fuels in sectors unable to electrify. The share of biogases in total gaseous fuel demand grows from 1% in 2023 to around 5% by 2050 in the STEPS and 10% in the APS. In the power sector, capacity of biogas plants…
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World Energy Investment 2025 Africa
…energy projects in Africa has fallen by approximately one-third in the last ten years, reaching USD 20 billion in 2024, largely due to a reduction of more than 85% in spending by Chinese DFIs. While representing a small share of overall spending, the public sector and DFIs are particularly important for projects in nascent markets, using new technologies or in commercially unviable areas where it can be challenging for private sector investment relying on concessional funds to ensure profitability. Against this backdrop, private equity and venture capital play a key role in financing early-stage businesses, especially in energy…