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Southeast Asia Energy Outlook 2026 Southeast Asia’s energy challenges and emerging opportunities
…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 spike, but coal use entails broader risks, including CO₂ emissions and air pollution, which contributed to an estimated 330 000 premature deaths in 2024. Measures implemented as of 7 May 2026…
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Key Questions on Energy and AI Executive summary
The AI and energy nexus continues to evolve rapidly The largest technology companies are contributing to a surge in data centre investment, as their capital expenditure exceeded USD 400 billion in 2025 – and is expected to jump by another 75% in 2026. Capital expenditure of just five technology companies is now larger than global investment in oil and natural gas production. Many jurisdictions are seeing project pipelines accelerate dramatically, although not all projects will come to fruition. Those that are moving forward are doing so at pace: the IEA’s unique satellite-based tracking shows that “artificial intelligence (AI) factories…
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Portugal 2026 Policy recommendations for Portugal
…This approach would also help sequence actions in electricity, buildings, transport and industry; support targeted measures where progress is lagging; and build shared ownership of the transition.A well-defined roadmap would provide the predictability required for investment, help avoid bottlenecks in supply chains and workforce skills, and ensure that Portugal’s 2030 and 2045 goals remain achievable. This effort could build on the ongoing revision of the Roadmap for Carbon Neutrality 2050, led by the Portuguese Climate Agency, which offers an opportunity to integrate sectoral pathways under a coherent national framework.2. Ensure a fair and effective energy transition…
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New podcast episode explores how energy crisis is shaping investment trends
…Energy podcast looks at how the current international energy crisis – the second in five years – is reshaping and reinforcing key energy investment trends around the world.In the episode, which is available now on Apple Podcasts and Spotify, IEA experts Kirsten Smith and Cecilia Tam dive into key findings from the recent World Energy Investment 2026 report. As energy security concerns intensify – and with many countries increasingly looking to meet demand with domestic energy sources – they discuss the implications across different sectors, including oil, gas, coal, nuclear, renewables and electricity. They also speak about how investment in energy efficiency is evolving and how the…
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How the energy crisis is reshaping investment
As the energy crisis caused by disruptions to oil and gas flows through the Strait of Hormuz continues to unfold, how is it shifting energy investment priorities around the world? In this episode, two IEA experts – Energy Investment Unit head Cecilia Tam and energy investment analyst Kirsten Smith – dig into this question based on new insights from the World Energy Investment 2026 report. With energy security concerns front and centre – and with many countries increasingly looking to meet demand with domestic energy sources – they discuss the implications across different sectors, including oil, gas, coal, nuclear, renewables and electricity. They also…
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Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security
…2026, falling below $500 billion. The report finds that uncertainty over the duration of the price spike, long project lead times, supply chain constraints and tighter offshore rig markets are limiting near-term spending responses outside the Middle East. At the same time, natural gas investment is projected to rise to $330 billion, the highest level in a decade, supported by a wave of new LNG export projects, particularly in the United States and Qatar. In this episode of the IEA's Everything Energy podcast, IEA experts Cecilia Tam and Kirsten Smith share key findings from the World Energy Investment…
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How the global landscape for energy investment is changing
…solar PV, which have seen costs decline by nearly 80% since 2015 thanks to innovation and growing markets. If the costs of technologies across the energy system had remained where they stood a decade ago, an additional $2.5 trillion in spending would have been required in 2026 to support the same energy infrastructure build-out.
In a dynamic global environment, the precise contours of the new energy investment landscape will become clearer over time. In the months and years ahead, the IEA will continue to track the implications of disruptions, innovation and other key factors on the investment cho...
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How the crisis is reshaping energy investment
…of our flagship World Energy Investment https://www.iea.org/reports/world-energy-investment-2026 report highlights how the current energy crisis is changing risk perceptions and bolstering moves towards greater diversification. Coming just a few years after the energy crisis centred around Russia’s invasion of Ukraine in 2022, today’s supply shock is expected to leave a lasting imprint on future investment priorities – particularly in Asia and the Middle East, where the impacts of the disruptions to shipping flows through the Strait of Hormuz have been felt most acutely.
The report projects that global energy investment will reach…
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The energy crisis and electrification
…in global demand for electricity, which increased more than twice as fast as overall energy demand https://www.iea.org/reports/global-energy-review-2026/key-findings last year.
Investments in renewables, nuclear, electrification and energy efficiency in the past decade have improved energy security in major fuel-importing regions, our investment report finds. At the same time, progress on electrification is uneven, accelerating when infrastructure, prices and finance align – and slowing when barriers persist due to issues such as affordability, grid readiness or technology risk.
The IEA continues to track these developments around the world. At a recent high…
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World Energy Outlook 2025
…to tackle concerns about energy security, affordability and sustainability. As always, the World Energy Outlook provides unrivalled insights into the consequences of different energy policy and investment choices. An important theme in this year’s WEO is security of supply of critical minerals.
This episode of IEA's Everything Energy podcast walks through the key findings of the report with its lead authors. Additional downloads Executive summary translations Tips for using the IEA WEO GPT Understand the limitations: This agent has been trained on the content of the IEA's World Energy Outlook 2025 and World Energy Outlook 2025 Free…