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Global EV Outlook 2025 Electric vehicle charging
Charging electric light-duty vehicles Public chargers have doubled since 2022 to reach more than 5 million Access to public charging points is key to supporting mass adoptionHome charging remains the most popular way to charge for EV owners. However, more public chargers are needed to support mass adoption of EVs among segments of the population without access to home chargers. In 2024, more than 1.3 million public charging points were added to the global stock, representing an increase of more than 30% compared to the previous year. Just the charging points added in 2024 were approximately equal to the…
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World Energy Outlook 2025 Achieving access for all
…cooking do so through the use of liquefied petroleum gas and a further 18% with the use of electricity. Bioethanol, biogas and solid biomass each account for around 4-6% of households that gain access, while natural gas plays a limited role in dense urban areas with planned infrastructure. The benefits of this transition by 2040 are immense: it cuts premature deaths due to household air pollution by almost two-thirds, significantly reduces the time spent cooking, and delivers net emissions reductions of 1.25 gigatonnes carbon dioxide equivalent (CO2-eq) annually. The global electricity access gap closes just after 2035…
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The Value of Demand Flexibility Executive summary
With global electricity demand rising and set to add around 1 000 TWh each year until 2035, new ways of managing the balance between supply and demand are needed. Demand flexibility – the ability to adjust the timing or amount of electricity use in response to system needs – is central to help achieve this balance. Advances in digitalisation, including the growing use of AI tools, are further enhancing the ability to deploy flexibility effectively.This policy brief, part of the 3DEN Initiative, presents a concise framework for understanding demand flexibility and its value across the energy system, highlighting that it can:Enhance power…
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Global Hydrogen Review 2025 Production highlights
Highlights Hydrogen production reached almost 100 Mt in 2024, but less than 1% was based on low-emissions hydrogen technologies. Based on announced projects, low-emissions hydrogen could reach 37 Mtpa by 2030, a reduction from the 49 Mtpa estimated in the Global Hydrogen Review 2024 (GHR-24).More projects are reaching final investment decision (FID), although the total production capacity reaching this stage in 2024 remained at the same level as in 2023. Persisting technical and regulatory barriers, financial obstacles and challenges in securing reliable offtake, in particular, continue to delay and occasionally completely stall project progress.Despite announced delays and cancellations…
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Gaining an Edge Opportunities in efficiency markets
As market demand grows, the manufacturing of energy efficiency technologies represents a new opportunity Facing volatile energy prices, rising energy security risks and stricter regulations, all sectors are turning to energy efficiency technologies to reduce consumption and manage these growing challenges. At the same time, governments around the world committed at COP28 in Dubai in 2023 to work collectively to double the global average annual rate of energy efficiency improvements.These dynamics have triggered a strong increase in demand for energy efficiency technologies. For example, the market for electric vehicles (EVs) and batteries has grown nearly six-fold from 2020…
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Global EV Outlook 2026 Electric vehicle batteries
…and intensifying global market competition. Relatively low critical mineral prices also contributed to downward cost pressure, although lithium and cobalt experienced notable price increases over the year. The recent increase in lithium and cobalt prices – if sustained – could put upward pressure on battery costs as stockpiles of minerals purchased at lower prices are being drained.Lithium prices at the beginning of 2026 were more than twice as high as in the same period in 2025, even though they remained around 70% lower than their 2022 peak. Several factors contributed to this rise, including faster‑than‑anticipated demand growth – particularly from the battery…
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Powering Ireland’s Energy Future Executive summary
…strong links to the country's power sector, with implications for electricity demand, infrastructure and supply. In this context, it will be key for Ireland to consolidate its wider strategic vision and integrate it with longer-term power system planning. This will help set priorities and guide market and system development, while allowing potential trade-offs to be proactively identified and managed, where possible.Ireland has a long track record of transforming its power system while managing strong electricity demand growth. In 2024, Ireland supplied about one-third of its electricity from wind, four times the global average and second…
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Renewables 2022 Renewable electricity
…People’s Republic of China (hereafter “China”). Renewables growth is propelled by more ambitious expansion policies in key markets, partly in response to the current energy crisis. This 85% acceleration on the last five years’ expansion rate results primarily from two factors. First, high fossil fuel and electricity prices resulting from the global energy crisis have made renewable power technologies much more economically attractive, and second, Russia’s invasion of Ukraine has caused fossil fuel importers, especially in Europe, to increasingly value the energy security benefits of renewable energy. This year’s forecast has been revised upwards by almost 30…
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Global EV Outlook 2026 Executive summary
…such as China and the European Union. Some countries in Southeast Asia – including Viet Nam, the largest EV market in the region – have already announced plans to expand or extend EV tax incentives as part of their response to the current energy crisis. Electric cars are poised to make up a greater share of total car sales in 2026 The current high oil price environment is drawing consumer attention to the economic benefits of driving EVs. Electric cars generally have lower running costs than internal combustion engine (ICE) vehicles, mainly due to their higher efficiency. The recent rise in oil pr…
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Global EV Outlook 2025 Executive summary
Electric car sales continue to break records globally, particularly in China and other emerging economies Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%. Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020. China maintained its lead, with electric cars accounting for almost half of all car sales in 2024; the over 11 million electric cars sold in China last year were more than global sales just 2 years earlier. As a result of…