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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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                • Country report

                • Jun 2026

                Luxembourg 2026 Executive summaryExecutive summary

                Luxembourg has established ambitious climate and energy objectives, but more targeted policy measures are needed to meet them. Luxembourg’s climate and energy goals are aligned with the European Union (EU) targets for a 55% reduction in greenhouse gas (GHG) emissions by 2030 and a 90% reduction by 2040, and it has legally enshrined net zero emissions by 2050. Despite rapid population and economic growth, energy-related emissions have already fallen by 40% since 2005, reflecting the success of early measures. Public support for climate action is also robust, providing a strong foundation for the next phase of the transition…

                • Executive summaryExecutive summary
                • InfographicInfographic
                Aerial view of a beautiful village in Luxembourg on the riverbank shutterstock 2470278171
                • Fuel report

                • Feb 2026

                Electricity 2026 FlexibilityFlexibility

                Evolving generation and demand patterns reshape power system needs The Age of Electricity is underpinned by rising investments in new resources. These include growing converter-based variable solar PV and wind, battery storage systems, as well as spatially and temporally concentrated demand from EVs, heat pumps and large loads like data centres. Combined with the expansion and upgrade of transmission and distribution grids, substantial increases in the flexibility of power systems are required for secure and cost-effective integration of generation, load and storage technologies that characterise this new era.Last year’s report, Electricity 2025, focused on measures to…

                • Executive summaryExecutive summary
                • DemandDemand
                • SupplySupply
                • GridsGrids
                • + 4 pages

                The photo depicts a View of power poles and lines with buildings and mountains in background shutterstock 2325254401
                • Country

                Azerbaijan

                Azerbaijan has one of the highest energy self-sufficiency ratios in the world as a major crude oil and natural gas producer. While the renewable sector has not seen as much attention, the government is now looking to stimulate investment and accelerate deployment, allowing for diversification of domestic energy consumption. In addition, the government is working on a new energy strategy that will set the stage for further policy shifts. Azerbaijan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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

                Azerbaijan Flag
                • Report

                • Nov 2025

                Global Energy and Climate Model Techno-economic inputsTechno-economic inputs

                The Global Energy and Climate Model (GEC Model) uses macro drivers, techno-economic inputs and policies as input data to design and calculate the scenarios. The values for the different data categories and scenarios used in the GEC Model 2025 can be downloaded here.In particular more details regarding power generation technology costs for the Current Policies Scenario, the Stated Policies Scenario and the Net Zero Emissions by 2050 Scenario can be downloaded in excel format, including detailed projections at the 2050 horizon regarding overnight capital costs, annual O&M costs, efficiencies and other contributors to electricity costs at regional…

                • Understanding GEC Model scenariosUnderstanding GEC Model scenarios
                • Current Policies Scenario (CPS)Current Policies Scenario (CPS)
                • Stated Policies Scenario (STEPS)Stated Policies Scenario (STEPS)
                • Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)
                • + 6 pages

                Gettyimages 162334856 Ext
                • Country

                Angola

                Angola is set to become the largest producer of crude oil in Southern Africa, yet has also set the foundation for the sustainable development of renewables, through investments and supportive measures. Angola has particularly strong hydropower generation potential that remains underutilised.

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

                Angola Flag
                • Country

                Madagascar

                Around a quarter of the population of Madagascar has access to electricity, and only 1.5% has access to clean cooking facilities. In 2019, Madagascar’s energy mix was dominated by biofuels and wastes (85%), with oil products (11%), coal and hydro accounting for the rest of the total energy supply. In 2020, less than 5% of the population had access to clean cooking and 27% had access to electricity. The Government of Madagascar has set a target of reaching 70% electricity access rate by 2030.

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

                Madagascar Flag
                • Country report

                • Sep 2025

                Integrating Distributed Energy Resources in China Executive summaryExecutive summary

                Rapid DER expansion creates new considerations for China’s distribution networks China is experiencing an unprecedented boom in distributed energy resources (DERs), including rooftop solar photovoltaics, battery storage, electric vehicles (EVs) and flexible electric loads. Typically located behind-the-meter, these small assets can deliver significant benefits to China’s power system if efficiently integrated, including enhanced flexibility, strengthened electricity security and lower system costs. Driven by declining technology costs and supportive national programmes, DER deployment has accelerated across rural communities and commercial and industrial buildings. By 2024, distributed photovoltaics (DPV) accounted for 40% of the country’s total solar…

                • Executive summaryExecutive summary
                Integrating Distributed Energy Resources In China Rooftops With Solar Panels Gettyimages 2168697914
                • Policy report

                • May 2026

                Demand- and Supply-Side Measures for the Industry Transition

                Policy brief As governments look to scale up lead markets for near-zero and low-emissions steel and cement, targeted policy measures can help overcome commercialisation barriers, capture emerging market opportunities and support broader government objectives. This policy brief explores a variety of possible policy instruments to stimulate demand and supply of such industrial materials, providing options that governments could adopt and adapt as part of their industrial policy framework – tailored to their unique circumstances to enhance effectiveness – along with practical next steps towards implementation.

                • Country report

                • Oct 2025

                National Climate Resilience Assessment for Mozambique

                Mozambique’s energy system has experienced significant disruptions due to extreme weather events, notably tropical storms and cyclones. With climate change, storms are projected to intensify, as are the risks of seasonal droughts and floods, posing a threat to the reliable operation of hydropower generation and the secure operation of the country’s coal mines. Mozambique’s plans to diversify its energy supply are an important step to enhance energy security and could be complemented by targeted measures to make its electricity system more resilient to natural hazards. Storms and tropical cyclones present the most regular extreme weather event faced…

                • Fuel report

                • Jun 2026

                Global Hydrogen Review 2026 Investment and innovationInvestment and innovation

                Capital spending on low-emissions hydrogen projects reached nearly USD 7 billion in 2025, nearly double the 2024 level and equal to 0.7% of global investment in energy supply. Investment in electrolysis overtook investment in carbon capture, utilisation and storage (CCUS)-based hydrogen, thanks to a stronger pipeline, higher capital intensity and faster project progress, and could account for around 70% of nearly USD 10 billion in investment in 2026.China and Europe lead committed electrolysis projects, with China accounting for more than 60% of capacity by 2026 and 25% of estimated investment. Europe represents less than 20% of capacity but 45% of…

                • Executive summaryExecutive summary
                • Progress summary dashboardProgress summary dashboard
                • Key questions about hydrogenKey questions about hydrogen
                • DemandDemand
                • + 6 pages

                photo depicts Aerial view of oil storage tank and steel pipeline at night, oil storage tank, petroleum petrochemical refinery product, oil pipeline transportation system, steel pipeline to the oil refinery industry.
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