-
Cement
Cement
-
Sheltering From Oil Shocks
Measures to reduce impacts on households and businesses The conflict in the Middle East has created the largest supply disruption in the history of the global oil market, due to the near halt in shipping traffic through the Strait of Hormuz. The loss of supply is having significant impacts in global markets, pushing up prices for crude oil above $100/barrel, and leading to much higher prices for some refined products – notably diesel, jet fuel and liquefied petroleum gas (LPG). Concerns are growing about the impacts of higher prices on households, businesses and the broader economy.In this report, the…
-
Oil Market Report - March 2025
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 Growth in global oil demand is set to accelerate to just over 1 mb/d this year, from 830 kb/d in 2024, reaching 103.9 mb/d. Asia accounts for almost 60% of gains, led by China where petrochemical feedstocks will provide the entirety of…
-
The Value of Demand Flexibility
Benefits beyond balancing This policy brief, developed under the International Energy Agency’s Digital Demand-Driven Electricity Networks (3DEN) Initiative, examines the value of demand flexibility as a core component of modern electricity systems, with a strong emphasis on its role in improving energy efficiency. As electricity demand grows and power systems become more electrified, decentralised and renewable-rich, managing when and how electricity is used is increasingly as important as expanding supply.The brief sets out a clear framework for understanding demand flexibility and highlights its contribution to an efficiency-first approach to power system planning and operation. By…
-
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…
-
Solar Thermal Energy Plan
The objective of the plan is to stimulate the incorporation of solar thermal panels in Uruguayan houses to heat water and decrease electricity consumption. In order to achieve its objective, the plan aims to address two main hurdles: high initial investment costs and the unfamiliarity of the benefits of renewable energy.
The activities under the plan are as follows:
The plan provides optional five-year ficing on a not-for-profit basis from the Public Mortgage Bank (BHU), with payments included in the electricity bill.
Systems are installed by accredited private companies and include a 5 year warranty and full… -
Sustainable Transport Policy for Armenia: A Roadmap Executive summary
Georgia is at a pivotal point in shaping sustainable transport policy. This roadmap guides policy makers in making transport cleaner, fairer and more efficient while building on Georgia’s strengths – its location, institutions, competitive wages, low-emissions electricity and natural resources. Key opportunities include assembling and producing electric vehicles; manufacturing cells and battery components for mobility and storage; strengthening regional freight links; and developing low-emissions fuels.Road transport has become cleaner and more efficient, but progress needs to accelerate. Car ownership and freight activity have risen along with incomes, but this comes at a cost: Nearly all of Georgia…
-
Electricity 2026 Reliability
Largescale outages amid system instability, equipment failures and weather impacts As the Age of Electricity evolves, with steadily rising electrification rates and electricity demand, blackouts can impact a vast part of economies and social life. Outages induced by operational failures, technical error, or climate-driven events illustrate the importance of redundancy, resilience, and thorough oversight. The following list of outage incidents in 2025 underscores how ensuring the security, reliability and resilience of power systems is evolving from a technical challenge to a strategic necessity that requires unwavering attention from system operators, regulators, and policy leaders. Voltage management increasingly important for…
- Executive summary
- Demand
- Supply
- Grids
-
+ 4 pages
-
Valeria Arroyave Cardozo
Project Manager. Valeria Arroyave Cardozo is a Project Manager at the United Nations Industrial Development Organization (UNIDO), where she leads the Energy Efficiency for Livelihoods in Africa (EELA) Regional Project. The initiative focuses on transforming markets for energy-efficient appliances and services through enhanced policies, increased investments, and the development of sustainable local value chains.Since joining UNIDO in 2021, she has contributed to global efforts in sustainable cooling, energy efficiency, and the critical minerals supply chain, supporting the broader clean energy transition. Previously, Valeria spent five years at the United Nations Development Programme (UNDP), specializing in climate transparency and strengthening national capacities to meet climate commitments through Nationally Determined Contributions (NDCs) and greenhouse gas (GHG) emissions reporting.She holds an engineering degree and a Master of Public Administration and Sustainable Management. V...
-
Policy and financing momentum sustain CCUS progress despite setbacks
CCUS Projects Database 2026 commentary Efforts to expand carbon capture, utilisation and storage (CCUS) took some important steps forward in 2025. Despite delays and cancellations in some areas, projects reached notable milestones in key markets, while growing financing provided further momentum.CCUS deployment in Europe saw a step-change as the world’s first dedicated carbon dioxide CO2 storage hub began operating in Norway. Major projects were also commissioned in China and North America, and the construction of new facilities began in eight countries worldwide. The newest annual update to the IEA’s CCUS Project Database – which incorporates developments between…