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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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              Flagship report — 12 November 2025

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                • Fuel report

                • Sep 2025

                Global Hydrogen Review 2025 PoliciesPolicies

                …strategies slowed down, with five new strategies since GHR-24. Some strategies were updated, such as in France, which reduced its electrolyser target to 4.5 GW by 2030 (from 6.5 GW), whereas Spain tripled its target to 12 GW by 2030. Chile and the European Union missed their electrolyser targets for 2024 and 2025, respectively.Progress was made on the demand side, but it is still trailing supply. 112 demand-side policies have moved forward since GHR-24, frequently in the form of grants and sectoral quotas. Legislated policies could trigger demand for nearly 6 Mtpa of low-emissions hydrogen by 2030, while government…

                • Executive summaryExecutive summary
                • Progress summary dashboardProgress summary dashboard
                • Five key questions about hydrogenFive key questions about hydrogen
                • DemandDemand
                • + 6 pages

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                • Report

                • Jul 2025

                Electricity Mid-Year Update 2025 Demand: Global electricity use to grow strongly in 2025 and 2026Demand: Global electricity use to grow strongly in 2025 and 2026

                …fast as total energy demand over the forecast period. Overall, global electricity consumption will reach a new high of over 29 000 terawatt-hours (TWh) in 2026.Following strong surges in electricity demand in 2024 driven by intense heatwaves and strong economic activity in the industrial and services sectors, the People’s Republic of China (hereafter, “China”) and India are expected to see more moderate growth rates in 2025. By contrast, US electricity demand is set to increase at a faster rate than in 2024, boosted by power consumption from expanding data centres. After a modest rebound in 2024 following two…

                • Executive summaryExecutive summary
                • Demand: Global electricity use to grow strongly in 2025 and 2026Demand: Global electricity use to grow strongly in 2025 and 2026
                • Supply: Renewables grow the most, followed by gas and nuclearSupply: Renewables grow the most, followed by gas and nuclear
                • Emissions: Power generation CO2 emissions are plateauingEmissions: Power generation CO2 emissions are plateauing
                • + 1 pages

                Aerial view of high voltage electricity tower over green rice field at sunset
                • Flagship report

                • Apr 2026

                Global Energy Review 2026 Global trendsGlobal trends

                …demand growth slowed, due to declines in China and India. In all, low-emissions sources contributed nearly 60% of total energy demand growth. This was despite almost no growth in hydropower due to poor hydrological conditions in some major regions. Demand for each of the three fossil fuels grew in 2025, albeit at a slower rate than in 2024. Coal demand increased by 0.4%, down from 1.4% in 2024 and translating to around 30 million tonnes (around 0.7 EJ) of additional consumption. Cooler weather and strong renewables growth were the major drivers of the slowdown. Oil demand…

                • Key findingsKey findings
                • Global trendsGlobal trends
                • OilOil
                • Natural gasNatural gas
                • + 9 pages

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                • Country

                Iceland

                In 2007, the Icelandic government released a Climate Change Strategy conceived as a framework for action and government involvement in climate change issues, and setting forth a long-term goal of reducing net greenhouse gas emissions by 50 to 75% of 1990 levels by 2050.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Iceland Flag
                • Flagship report

                • Apr 2025

                Energy and AI AI and climate changeAI and climate change

                The emergence of AI has both raised concerns that AI-fuelled data centre growth might fuel climate change and also raised expectations that AI applications in the energy sector could help reduce emissions by unlocking new optimisations and efficiencies. As over 100 countries – and the European Union – have targets to reach net zero emissions between 2030 and 2070, it is pertinent to explore what AI’s impact on emissions could potentially be.  Global fuel combustion CO2 emissions are estimated to reach 35 000 million tonnes (Mt) in 2024. Data centres account for around 180 Mt of indirect CO2 emissions today from the consumption…

                • Executive summaryExecutive summary
                • Understanding the energy-AI nexusUnderstanding the energy-AI nexus
                • Energy demand from AIEnergy demand from AI
                • Energy supply for AIEnergy supply for AI
                • + 3 pages

                Energy and AI
                • Fuel report

                • Nov 2025

                Pledges to Progress 2025 Summary of resultsSummary of results

                The Turning Pledges into Progress framework contains a total of 25 metrics in three categories: 1) target setting (“Targets”), 2) strategies for implementation (“Strategies”), and 3) disclosure and reporting (“Disclosure”). Target setting comprises six metrics related to emissions reductions and investment in clean energy. All the signatories to the Oil and Gas Decarbonization Charter (OGDC) are assumed to have the aim of achieving these targets. Strategies for implementation comprise eight metrics that describe steps companies can take to achieve these targets; and disclosure and reporting comprises 11 metrics allowing stakeholders to assess how companies publicly report information relevant to achieving the OGDC goals…

                • Executive summaryExecutive summary
                • Summary of resultsSummary of results
                • RecommendationsRecommendations
                • Pledges to Progress Company AssessmentPledges to Progress Company Assessment
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                • Country report

                • May 2026

                Portugal 2026 Executive summaryExecutive summary

                Thanks to steady expansion of hydropower, wind power generation and solar photovoltaics (PV) in recent years, Portugal has one of the lowest carbon intensities of electricity generation among IEA Member countries. Portugal is entering a mid‑transition that requires managing two interconnected energy systems that are moving in opposite directions: one is based on renewables and electrification and must scale up rapidly; the other is a legacy fossil fuel system that must decline in an orderly way to avoid stranded assets and price shocks. Electricity is becoming the central pillar of energy security and the main driver of emissions reductions.Portugal…

                • Executive summaryExecutive summary
                • InfographicInfographic
                • Policy recommendations for PortugalPolicy recommendations for Portugal
                Photo depicting aerial view of the center of Porto and the Dom Luis bridge shutterstock 2478638959
                • Policy report

                • Oct 2025

                Indicators Handbook for Just and Inclusive Energy Transitions IntroductionIntroduction

                In addition to reducing emissions, clean energy transitions present unique opportunities to create socio-economic benefits (e.g. new decent jobs, reduced energy poverty and improved air quality). Tracking these benefits can help highlight and communicate the positive effects of clean energy transitions across different population groups.  This year, the South African G20 Presidency and Brazilian COP30 Presidency have prioritised just and inclusive energy transitions and this Indicators Handbook has been developed to support and promote these efforts.The Indicators Handbook is based on the voluntary G20 Principles for Just and Inclusive Transitions, endorsed by G20 leaders in November 2024…

                • IntroductionIntroduction
                • Purpose and Development of the HandbookPurpose and Development of the Handbook
                • Key findings from workshops on challenges and opportunities for tracking progress on just and inclusive energy transitionsKey findings from workshops on challenges and opportunities for tracking progress on just and inclusive energy transitions
                • Technology report

                • Nov 2025

                What Next for the Global Car Industry Policy and strategic actionsPolicy and strategic actions

                Highlights As global electric car markets grow, countries that are home to car manufacturing operations are faced with the challenging task of ensuring that the industry retains its domestic footprint and international revenues, or even expands downstream to become a larger supplier of final products that add more value to the economy. Among other factors, uncertainty about the pace of electrification and the cost gap with Chinese production mean most countries face tough choices as they pursue near- and long-term strategies to boost industrial competitiveness.Where the car industry aims at pursuing electrification strategies, there are public and private…

                • Executive summaryExecutive summary
                • The global car industry in contextThe global car industry in context
                • The importance of the growth in EV sales for the car industryThe importance of the growth in EV sales for the car industry
                • Present and future prospects of electric car manufacturingPresent and future prospects of electric car manufacturing
                • + 4 pages

                What Next for the Global Car Industry shutterstock 1253361706
                • Flagship report

                • Apr 2026

                Global Energy Review 2026 CO2 emissionsCO2 emissions

                …cement and steel production. However, these effects were partially offset by the chemical industry. In emerging market and developing economies excluding China, emissions increased by 1.1%, significantly below the 2.2% average annual growth observed over the past five years, with India a major contributor to this slowdown. Emissions in India dipped in 2025, driven primarily by weather effects linked to an earlier and stronger monsoon cycle, alongside continued robust expansion of renewable energy capacity. Outside of China, annual emissions trends were largely driven by weather effects. In advanced economies, colder winter conditions boosted heating demand, increasing natural gas…

                • Key findingsKey findings
                • Global trendsGlobal trends
                • OilOil
                • Natural gasNatural gas
                • + 9 pages

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