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Renewables 2025 Renewable heat
Heat accounted for almost half of total final energy consumption and 37% of energy-related CO2 emissions in 2024 Annual heat consumption expanded by 6% globally over 2018-2024. Renewable energy, excluding traditional uses of biomass, met only half of this increase, with its share in global heat consumption rising to 14% in 2024. Nearly 80% of global growth in renewable heat use was in the form of bioenergy (especially in industry) and renewable electricity (mainly in buildings).Industry sector renewable heat use grew the most in China over the last six years, driven by the expansion of industries such…
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Energy Technology Perspectives 2026 Deployment of clean energy technologies, materials and fuels
Outlook Many clean energy technologies are increasingly cost-competitive and growing strongly. Their aggregate market value has grown 20% on average per year since 2015 to reach nearly USD 1.2 trillion. Some 80% of global solar PV and wind generation now occurs at lower levelised costs than for coal or gas. Battery prices have dropped 75% since 2015, pushing electric car sales to around 25% share in 2025. Deployment increases in all IEA scenarios: in the Current Policies Scenario (CPS), their global market value nearly doubles to around USD 2 trillion in 2035, greater than the oil market in…
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Lithuania 2025 Executive summary
…is positive, the pace is not yet sufficient to meet its 2030 renewable electricity capacity targets of 4.5 gigawatts (GW) onshore wind, 1.4 GW offshore wind and 4.1 GW solar photovoltaic (PV) power plants. Onshore wind is being built without subsidies, but market conditions need to be monitored, and policy action taken if they become less favourable. Offshore wind progress is more uncertain, and Lithuania was not the only country to see an offshore wind auction cancelled in 2024 resulting from a lack of bidders – a sign that investors need greater policy and financial certainty. Beyond renewables, Lithuania is consider...
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Global Hydrogen Review 2025 Policies
Highlights Announced public funding for low-emissions hydrogen decreased by nearly two-thirds compared to the Global Hydrogen Review 2024 (GHR-24), to a cumulative USD 38 billion, but a larger share of funds is now making its way to specific projects. Several programmes in the European Union, India, Japan and United Kingdom have progressed to the second phase or beyond, with new calls building on learning from the first phase.Almost 90% of the public funding comes from advanced economies; other policy instruments like land allocation, tax incentives and reduced administrative procedures remain more common among emerging markets. The supply side still receives…
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Renewables 2022 Renewable electricity
…Scenario. In the accelerated case, however, growth in the next five years (under policies that address challenges and faster implementation of countries’ existing plans) narrows the gap for renewable electricity growth needed to achieve net zero emissions by 2050. Overall, China on its own is forecast to install almost half of new global renewable power capacity over 2022-2027, as growth accelerates in the next five years despite the phaseout of wind and solar PV subsidies. Ambitious renewable energy targets in the 14th Five-Year Plan, market reforms and strong provincial government support provide long-term revenue certainty for renewabl...
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World Energy Investment 2025 United States
…production and in 2024 solar PV module manufacturing capacity nearly tripled to 42 GW.With a boom in Artificial Intelligence (AI), and subsequent investment in data centres (DC), companies are racing to secure sources of clean electricity. This has led to a surge in the US corporate power purchase agreement (PPA) market wherein technology and DC companies have been responsible for procuring 86 GW of renewable capacity since 2015. This has also created demand for next-generation energy technologies such as small modular reactors (SMR) and advanced geothermal plants, reaching agreements respectively for 26 GW (mostly SMR) and 265 MW as of Q4 2024…
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World Energy Outlook 2025 Implications of CPS and STEPS
…extreme weather events caused operational disruptions to critical energy infrastructure and power outages to 210 million households in 2023. Extreme temperatures driving up peak demand could lead to a loss of two-thirds of planning reserve margins in the worst affected regions, underlining the need for increased climate resilience planning and implementation. High levels of emissions point towards a temperature rise above pre-industrial levels of 2.9 °C in the CPS and 2.5 °C in the STEPS by 2100, well above the levels targeted in the Paris Agreement. Energy security indicators Energy security cannot be measured with a single indicator…
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World Energy Outlook 2022 Outlook for electricity
…for about 20% of the world’s total final consumption of energy, but its share of energy services is higher due to its efficiency. It is central to many aspects of daily life and becomes more so as electricity spreads to new end-uses, such as electric vehicles (EVs) and heat pumps. The electricity sector accounted for 59% of all the coal used globally in 2021, together with 34% of natural gas, 4% of oil, 52% of all renewables and nearly 100% of nuclear power. It also accounted for over one-third of all energy-related CO2 emissions in 2021…
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The State of Energy Innovation 2026 Interactive: Highlights in energy innovation
Interactive: Highlights in energy innovation
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The State of Energy Innovation 2025 Interactive: Highlights in energy innovation
Interactive: Highlights in energy innovation
