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Luxembourg
Luxembourg has a fossil fuel intensive energy mix driven by a high demand for transportation fuels, notably from transiting freight trucks and commuters. Despite this demand, the country is committed to reducing emissions. Its climate law sets targets for a 55% emission reduction by 2030 and climate neutrality target by 2050. The government has adopted numerous measures to push for energy transition, including a carbon tax which was introduced in 2020 and encouraging renewable generation through subsidies and auctions. Several programmes also support energy efficiency in buildings, industry and transportation, with a target for 49% of all passenger cars to…
- Overview
- Energy mix
- Emissions
- Electricity
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Financing Electricity Access in Africa
Access to electricity is a cornerstone for economic development, poverty reduction and social equity. However, almost 600 million people in Africa lack access to electricity today, with progress falling far behind targets set by both African governments and the international community. Reaching universal electricity access will require a rapid scale-up of investment and financing to USD 15 billion per year, enabling the expansion of generation capacity, grid networks and decentralised solutions while ensuring that progress remains inclusive and sustainable.In a new flagship report, Financing Electricity Access in Africa, the International Energy Agency (IEA) undertakes its authoritative energy analysis…
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An Energy Sector Roadmap to Net Zero Emissions in Colombia
World Energy Outlook Special Report Colombia has set an ambitious goal to achieve net zero greenhouse gas emissions by 2050. The third-largest country in Latin America and the Caribbean by population, it has seen stable economic and population growth over past decades. A large part of its energy mix is made up of fossil fuels, largely oil, while hydropower provides most electricity. Colombia has abundant untapped solar and wind resources and a strong base of clean energy potential.At the request of the Government of Colombia, the IEA has developed a roadmap to net zero by 2050 for the…
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Global EV Outlook 2026 Executive summary
After another record year for EV sales, attention is turning to the impacts of the energy crisis for global car markets Electric car sales grew by 20% globally to exceed 20 million in 2025, meaning one-quarter of all new cars sold were electric. Europe saw the strongest growth among major electric vehicle (EV) markets, with electric car sales rising by more than 30% to reach 28% of total sales, following an increase in the stringency of the European Union’s CO2 standards for cars. China’s growth in electric car sales slowed slightly, in part due to a temporary…
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Portugal 2026 Policy recommendations for Portugal
Energy policy landscape 1. Adopt a national roadmap based on bottom-up sectoral agreements to support timely and cost effective emissions reductionsPortugal has established a clear long-term direction for its energy transition through the Roadmap for Carbon Neutrality 2050, the Basic Climate Law, and the National Energy and Climate Plan (NECP) 2030. The NECP commits to reducing GHG emissions by 55% by 2030 (vs. 2005 levels) and achieving climate neutrality by 2045. Strong progress has been made, with emissions down 43% in 2024, driven mainly by decarbonisation of electricity supply. Portugal is now entering a mid-transition, in which further…
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Gas Market Report, Q3-2025
…gas supply, demand, trade and more in 2025 and 2026. It finds that following a strong expansion in 2024, global gas demand rose at a much slower rate in the first half of 2025. Macroeconomic uncertainty, together with tight supply fundamentals and relatively high prices, weighed on natural gas consumption, particularly in price-sensitive markets in Asia. Both China and India recorded demand declines in the first half of 2025 compared with the same period in 2024. Europe’s liquefied natural gas (LNG) imports are expected to reach an all-time high in 2025, supported by stronger storage injections, higher…
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Latvia
Latvia is undertaking its energy transition with some promising results to date, with the goal to reduce total greenhouse gas emissions (without land use, land-use change and forestry) by 65% from 1990 levels by 2030 and to achieve net zero by 2050. It has made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.
Renewable energy sources dominate its electricity mix, in particular, accounting for around three-quarters of domestic generation. Other sectors, notably transport and buildings, continue to consume large amounts of energy and rely on dated infrastructure that…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Outlook 2025 Current Policies Scenario
Expanding the world we know Total final consumption rises in the Current Policies Scenario (CPS) by around 1.3% each year over the next decade, similar to the average annual increase over the last decade: global industrial output, appliance ownership and demands for mobility all increase, while energy efficiency gains are modest. Demand for oil rises to 113 million barrels per day by 2050, mainly due to its increased use in emerging market and developing economies for road transport, petrochemical feedstocks, and aviation. Electric vehicle (EV) uptake stalls in regions lacking strong policy support: China and Europe are the main exceptions…
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China
China’s growing energy needs are increasingly met by renewables, natural gas and electricity. The scale of China’s future electricity demand and the challenge of decarbonising the power supply help explain why global investment in electricity overtook that of oil and gas for the first time in 2016, and why electricity security is moving firmly up the policy agenda. That said, cost reductions for renewables are not sufficient on their own to secure efficient decarbonisation or reliable supply.
Between 2019 and 2024, China will account for 40% of global renewable capacity expansion, driven by improved system integration, lower curtailment…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Natural Gas
The coming LNG wave is set to profoundly transform the global gas market
Global gas markets, which have been tight and volatile for several years, are set to undergo major changes by the end of this decade. The unfolding coming wave of liquefied natural gas (LNG) production capacity is set to rebalance the global gas market, enhance energy supply security and improve the affordability of natural gas.
About 300 billion cubic metres (bcm) per year of LNG export capacity – a record – is set to be added by 2030, primarily supported by liquefaction capacity additions in the United States and Qatar…
