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COP28 Tripling Renewable Capacity Pledge 2025: Update
Tracking countries’ ambitions COP28: Tracking the Energy Outcomes Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping the Paris Agreement target of limiting global warming to 1.5 °C within reach. For the first time, governments set key goals to help meet this objective, including tripling global renewable electricity capacity by the end of this decade. In June 2024, the IEA published COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap, which provided a global stocktake of renewable capacity plans to assess…
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United Kingdom
…2050 and to put in place carbon budgets. UK emissions have already fallen by around 50% since 1990, indicating a strong start. Looking ahead, an important pillar of the energy transition will be decarbonising the power sector through sizeable new investments in renewables and nuclear while also focusing on new technologies such as CCUS, hydrogen and small modular reactors. As a historic oil and gas producer, the UK is looking to address declining North Sea production and redirect the region's capacity to clean technologies. The strategies align with UK industrial policies to create new jobs and build manufacturing expertise.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global Hydrogen Review 2025 Trade and infrastructure
…2035, but less than 6% have reached final investment decision (FID). Most projects are in Europe and China, where the world’s longest, largest-diameter hydrogen pipelines are currently being built. In Germany, work began on repurposing a 400 km section of a natural gas pipeline in 2025, in a world-first repurposing project of this scale.If all announced underground hydrogen storage projects are realised by 2035, around 11 TWh of capacity (325 kt H₂) will be available. However, only 5% has reached FID or is under construction, equivalent to 2.5% of the annual output from committed low-emissions hydrogen projects. Progress…
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Vehicle-to-grid technology
GEVO 2026 - Chapter 8 With the rollout of smart and bidirectional charging, EV owners can reduce charging costs and, in some cases, generate revenue by participating in grid services, such as frequency regulation. Load shifting and vehicle‑to‑grid (V2G) capabilities provide substantial electricity system benefits, helping reduce peak demand and potentially limiting the need for future grid investment – benefits for which EV owners can be compensated. Vehicle-to-grid charging holds the promise of alleviating grid constraints but barriers remain The rollout of EVs is a major driver of global electricity demand growth. Residential EV charging can draw more power than…
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Pledges to Progress 2025 Summary of results
…The 12 Oil and Gas Climate Initiative (OGCI) companies averaged around 19 points, reflecting the group's decade-long focus and collaboration on emissions reduction. When considering the actual oil and gas production levels of the 116 assessed companies, we find that around half of global oil and gas production is covered by targets consistent with those stated in the OGDC, and around one-third of production comes from companies with at least some form (partial or full credit) of publicly reported strategies for implementing those targets and supporting disclosures and reporting. Signatories of the Oil and Gas Decarbonization Charter Companies…
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World Energy Investment 2025 Southeast Asia
…fuel investment decreased from USD 70 billion in 2015 to USD 50 billion in 2025 while clean energy investment reached USD 47 billion, up from 30 billion in 2015. Given the challenges of accessing international capital markets, Southeast Asia’s capital markets have relied on domestic commercial lending. Commercial finance in clean energy sits above 75%, reaching over 85% in clean power, clean fuels and battery storage. Meanwhile, grid storage and transmission and distribution depends heavily on public finance, which contributes around 40% of funding. Despite wide disparities in economic development, resource endowments and market maturity, energy security is a common priority for the region. Concurrently…
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Leandro Andrade
Director of the Department of Information, Studies and Energy Efficiency. Leandro Andrade is the director of the Department of Information, Studies and Energy Efficiency at the National Secretary of Energy Transition and Planning of the Ministry of Mines and Energy of Brazil. He coordinates energy data, planning studies and energy efficiency activities of Brazil in cooperation with other important institutions of Brazil, such as ENBPar, ANEEL, EPE, among others. The main activities of the department in energy efficiency area relate to PROCEL program and MEPS policies. Before joining MME, Leandro worked at EPE in the generation planning, modeling and regulation area.
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Electricity 2026 Flexibility
…progressively more electrified, demand flexibility has become an essential component for power systems. In this evolving energy landscape, demand response (DR) programmes are becoming an increasingly important flexibility tool, enabling households and businesses to shift or shed their electricity use in response to grid or market signals.In exchange, DR plans offer financial incentives, typically through contractual arrangements or participation in programmes with utilities, aggregators or system operators, or by direct participation in power markets in the case of large industrial consumers. For end-users, DR flexibility contracts provide inducements in the form of direct payments, rebates, or bill credits…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Hungary
Hungary was among the first countries globally, in June 2020, to make a legal commitment to become carbon neutral by 2050 and plans to phase out coal by 2030 at the latest. Enhanced energy efficiency, increased renewable and nuclear electricity and electrification of end-use sectors are identified as the key drivers towards the 2050 target. Hungary plans to build two new nuclear unit and while solar PV has grown notably, wind lacks behind its potential but the change in siting limits for wind turbines are likely to have a positive impact on the sector.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Household Energy Affordability Executive summary
…America, by contrast, saw residential natural gas prices rise by around 5% in 2025, though they remain well below prices in Europe and other importing regions.The prices paid by households for energy vary widely from country-to-country, reflecting not just the cost of supply but also various additional levies, taxes and subsidies. For gasoline, taxes can account for as much as 70% of the final price charged to consumers, as is the case in some countries in Europe. It can also be subsidised and delivered at prices below market value, as in many parts of the Middle East…
