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Norway
Norway has set ambitious targets for reducing greenhouse gas emissions and establishing a low-emissions society by 2050. As an energy-rich country, Norway is in a unique starting position with respect to the energy transition. An abundance of affordable hydropower has enabled the development of energy-intensive industries and a high level of electrification of homes and businesses with limited greenhouse gas emissions. At the same time, as a major oil and gas producer and exporter, Norway will need to support an evolution of its energy sector amid the global energy transition. Altogether, Norway has the opportunity to lead…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global Hydrogen Review 2025 Demand
Highlights Global hydrogen demand reached almost 100 Mt in 2024 and is expected to surpass that milestone in 2025. This increase is being driven by demand for industrial products that use hydrogen as a feedstock, rather than being the result of successful implementation of energy and climate policies.Demand is still almost exclusively from established sectors (refining, ammonia, methanol and fossil-based direct reduced iron [DRI]), with demand for new applications (biofuels upgrading, new industrial uses, mobility, power or synthetic fuels) growing but from a very low base – less than 1% of demand.Low-emissions hydrogen use increased by nearly 10…
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Oil Market Report - June 2026
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand is forecast to decline by 1.1 mb/d y-o-y in 2026. This represents a downgrade of 700 kb/d compared with our May Report, as 2Q26 deliveries plunged by 5 mb/d y-o-y in the face of higher…
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Oil Market Report - January 2026
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand growth is forecast to average 930 kb/d in 2026, up from 850 kb/d in 2025, reflecting a normalisation of economic conditions after last year’s tariff turmoil and lower oil prices than a year ago. A recovery in petrochemical feedstocks demand…
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Financing the Modernisation of Power Systems Beyond Coal
The role of transition credits in Southeast Asia Coal is a central component of power systems in Southeast Asia, even as governments have committed to reducing coal‑related emissions. Rapid electricity demand growth, alongside coal’s role in system adequacy, reliability and energy security, complicates efforts to accelerate coal transitions. Recent volatility in international gas markets has reinforced the short‑term economic and security value of existing coal assets, adding complexity to national transition strategies. The region’s young coal fleet also implies substantial long‑term emissions if plants continue operating at current utilisation rates.Against this backdrop, new approaches are being explored…
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Slovenia
Slovenia has put in place a National Renewable Action Plan to 2020, which targets a 25% share of energy generation from renewable sources in gross final energy consumption and 39% of electricity demand met by electricity generated from renewable energy sources.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Outlook 2022 Outlook for liquid fuels
…Two years ago, lockdowns imposed in response to the Covid-19 pandemic caused a huge oversupply of oil, leading prices to collapse to an average of USD 44/barrel. Today, global supply is struggling to keep pace with demand, with many producers bumping up against capacity constraints and Russia’s invasion of Ukraine sharply accentuating market tightness. Prices have soared to an average of USD 105/barrel so far in 2022.Global oil use is subject to sharply conflicting pressures. Some sectors, notably aviation, are still recovering from the shock of the pandemic. Others, such as the chemical sector, have remained robust…
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Renewables 2022 Renewable electricity
Forecast summary The global energy crisis is pushing the accelerator on renewable energy expansion Global renewable capacity is expected to increase by almost 2 400 GW (almost 75%) between 2022 and 2027 in the IEA main-case forecast, equal to the entire installed power capacity of the People’s Republic of China (hereafter “China”). Renewables growth is propelled by more ambitious expansion policies in key markets, partly in response to the current energy crisis. This 85% acceleration on the last five years’ expansion rate results primarily from two factors. First, high fossil fuel and electricity prices resulting from the global energy…
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The State of Energy Innovation 2026 Executive summary
Successful energy innovations can have outsize economic and social outcomes, impacting industrial competitiveness, trade, environmental health, infrastructure investment and security. The second edition of the State of Energy Innovation turns the spotlight on the technologies, policies and funders at the forefront of this process. Today, the global markets for energy technologies such as batteries, transformers, turbines, motors and heat exchangers are worth trillions of dollars. With spending on energy representing as much as 10% of global GDP, innovation that reduces energy supply costs can transform a country’s comparative advantage. As a result, the energy sector is innovation-intensive: one…
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World Energy Investment 2025 United States
Energy investment policies in the United States reflect its prioritisation of energy security Energy investment in the United States reflects its prioritisation of energy security, with a subsequent strategic push to establish a presence in emerging value chains and to supply international markets. Since becoming a net energy exporter in 2019, a remarkable turnaround from its high previous reliance on imports, the country has continued to expand its global energy role. In 2024 it was the world’s largest producer of oil and gas (20% of global output), as well as a major investor (25% of total investment). This growth…
