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Country report
Apr 2025
Kenya 2024 Executive summary
Kenya has put in place significant energy policies and strategies, and with strong institutions and ambitious targets, the country is well-positioned to reach its energy goals and continue its economic growth and development.As the largest economy in Eastern Africa and a regional leader in energy development, Kenya has made remarkable progress in increasing the rate of access to electricity among its population, putting the country on track to reach universal access to electricity by 2030. Kenya has set an ambitious target in its Vision 2030 of becoming a newly industrialising middle-income country with a high quality of…
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Energy system
Natural Gas
The coming LNG wave is set to profoundly transform the global gas market
Global gas markets, which have been tight and volatile for several years, are set to undergo major changes by the end of this decade. The unfolding coming wave of liquefied natural gas (LNG) production capacity is set to rebalance the global gas market, enhance energy supply security and improve the affordability of natural gas.
About 300 billion cubic metres (bcm) per year of LNG export capacity – a record – is set to be added by 2030, primarily supported by liquefaction capacity additions in the United States and Qatar…
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Report
Jun 2025
Affordability
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores affordability. Why is energy efficiency important for affordability? Energy efficiency measures can reduce energy bills for households, decrease energy poverty, and make access to energy services more affordable. Key facts Energy efficiency measures can reduce average household energy bills in advanced economies by up to one-third. In emerging economies, they can also improve access to energy services. For many products, such as refrigerators, highly efficient models use less than half of the energy of inefficient models. A best-in-class model can save up to…
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Energy system
Hydroelectricity
Hydropower is the largest source of renewable energy today, but that could change soon
Hydro is currently the third largest source of power generation worldwide after coal and natural gas. In 2024, it generated around 4 500 terawatt-hours of electricity, or 14% of the global total.
More than 150 gigawatts (GW) of new hydro capacity is set to come online by the end of the decade, mostly in emerging and developing economies. As a result, electricity generation from hydropower is expected to increase by 7% between 2025 and 2030. However, its share in global electricity generation is poised to…
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Flagship report
Jun 2025
World Energy Investment 2025 Eurasia
Eurasia has seen a significant decline in oil investment since 2015, although fossil fuels maintain their dominance in the region's energy mix Fossil fuels dominate the overall energy production and investment mix in Eurasia. Countries in the region face common challenges, including significant temperature swings from harsh winter conditions to warm summers, ageing infrastructure and often inefficient patterns of energy use: the energy intensity of Eurasia’s GDP is around 70% higher than the global average. Annual energy investment in Eurasia was almost USD 190 billion in 2015, but has since followed a downward trend, reaching its lowest point in the…
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Country report
Jun 2025
Ramping up Heat Pumps in Moldova: A Roadmap Executive summary
Moldova’s new National Energy and Climate Plan (NECP) lays out the country’s ambition to improve energy efficiency, reduce fossil fuel demand and decarbonise its economy. Buildings account for more than half of Moldova’s final energy consumption, with three-quarters of that used for space and water heating. Currently, these needs are met chiefly by imported natural gas and domestic biomass – two fuel sources that suffer from availability and sustainability issues. Heat pump technology offers Moldova an effective means of accelerating the transition in building heating. This roadmap discusses the status of Moldova’s heating sector, the potential…
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Commentary
27 Mar 2026
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…
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Country report
Sep 2023
Colombia 2023 Executive summary
Colombia has emerged as a leader in clean energy transition policy making and is an inspiring example of a fossil fuel producing country committed to climate action, based on a long-term decarbonisation pathway and a policy of energy and economic diversification and a just transition.In the context of the National Energy Plan 2020-2050, launched in 2016, Colombia started a journey to diversify its energy resources and ensure a reliable energy supply by promoting wind, solar and geothermal in the country’s electricity mix.At COP26, Colombia presented a net zero target and an ambitious Nationally Determined Contribution…