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Wind
Wind has significant potential to boost growth in global renewable capacity
Electricity generation from renewables is expected to increase by 60% through 2030 – rising from 9 900 terawatt-hours (TWh) in 2024 to 16 200 TWh by the end of the decade. Wind accounts for almost a third of growth, second only to solar PV, which accounts for 60%.
Although wind power continues to face supply chain issues, rising costs and permitting delays today, global capacity is still expected to nearly double to over 2 000 gigawatts (GW) by 2030 as both advanced and developing economies tackle these barriers.
Around…
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India
Energy demand in India is growing rapidly with major implications for the global energy market. The Government of India has made remarkable progress in providing access to electricity and clean cooking while implementing a range of energy market reforms and integrating a high share of renewable energy sources into the grid. India, with a population of 1.36 billion and a fast growing economy, has seen its energy demand increasing rapidly as the country continues to urbanize and the manufacturing sector develops. This growing demand is met through various energy sources, with coal set to remain the largest source of…
- Overview
- Energy mix
- Emissions
- Electricity
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Advancing Methane Emissions Reductions by National Oil Companies
National oil companies (NOCs) are responsible for around half of all global oil and gas production today and their actions strongly influence methane abatement prospects. More than 30 NOCs have joined the Oil and Gas Decarbonization Charter (OGDC) and are engaging in initiatives to tackle methane emissions and flaring. There is a major opportunity for NOCs looking to implement best practices in methane management to learn from the experience of peers in order to deploy strategies that are adapted and tailored to their circumstances. Best practices include adopting measures to limit flaring and venting, implementing leak detection and repair programmes…
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Financing the ASEAN Power Grid
The Association of Southeast Asian Nations (ASEAN) has a long history of electricity system connectivity, and the development of the ASEAN Power Grid (APG) is central to achieving a sustainable, secure and affordable energy transition across the region. Delivering the APG will require a significant step‑change in investment over the coming 15 years, and unlocking financing from a diverse range of sources will be essential for this to happen. Yet financing approaches and business models have not evolved at the pace required to support an increasingly ambitious and complex pipeline of interconnector projects.This report examines how interconnectors are approached…
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China’s Official Energy Finance in Emerging and Developing Economies Case 5. Silk Road fund commitment in African Infrastructure Investment Fund IV
Project overview and impact Africa’s energy sector faces a persistent investment shortfall, with annual clean energy spending needing to grow more than six times by 2035 to achieve net zero emissions by 2050. Equity funds have become an important channel for mobilising capital into markets where project-level financing remains constrained by high costs of capital, currency risk and a shortage of scalable, investable project structures. Against this backdrop, the Silk Road Fund (SRF) committed USD 50 million to the African Infrastructure Investment Fund IV (AIIF4) in 2023. The AIIF4 is a pan-African infrastructure fund managed by African…
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China
China’s growing energy needs are increasingly met by renewables, natural gas and electricity. The scale of China’s future electricity demand and the challenge of decarbonising the power supply help explain why global investment in electricity overtook that of oil and gas for the first time in 2016, and why electricity security is moving firmly up the policy agenda. That said, cost reductions for renewables are not sufficient on their own to secure efficient decarbonisation or reliable supply.
Between 2019 and 2024, China will account for 40% of global renewable capacity expansion, driven by improved system integration, lower curtailment…- Overview
- Energy mix
- Emissions
- Electricity
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Tracking SDG7: The Energy Progress Report, 2025
Tracking SDG7: The Energy Progress Report, 2025 Since its inception in 2018, Tracking SDG 7: The Energy Progress Report has become the global reference for information on progress toward the achievement of Sustainable Development Goal 7 (SDG 7) of the UN 2030 Agenda for Sustainable Development. The aim of SDG 7 is to “ensure access to affordable, reliable, sustainable, and modern energy for all.” This report therefore summarizes global progress on electricity access, clean cooking, renewable energy, energy efficiency, and international cooperation to advance SDG 7. It presents updated statistics for each of the indicators and provides policy insights on…
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Outlook for Biogas and Biomethane
A global geospatial assessment Biogases play an important and growing role in energy systems. Produced locally using organic waste, biogas and biomethane can contribute to energy security, waste management, emissions reductions and agricultural development.In recent years, demand for biomethane – also known as “renewable natural gas” – has grown rapidly in many countries, supported by dozens of new policies. As a low-emissions substitute for natural gas, the use of biomethane has been targeted across a wide range of sectors, including power, industry, transport and buildings. This report presents a first-of-its-kind global geographical analysis of the untapped potential…
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Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
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Battery storage is scaling up and taking on a larger system role
Commentary As the result of falling costs and greater flexibility needs, battery storage is playing a growing role in power systems worldwide, acting as a “multi-tool” that can provide a range of critical system services at once. According to the latest data, the deployment of batteries expanded strongly in 2025 and broadened across markets – with rapid growth in countries such as Australia and Saudi Arabia, where storage is increasingly being used to support the integration of rising shares of variable renewables.In regions that have been at the forefront of renewable integration and battery deployment, batteries now play an…
