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Global Energy Review 2025 Key findings
…rate over the past decade. Demand for all fuels and technologies expanded in 2024. The increase was led by the power sector as electricity demand surged by 4.3%, well above the 3.2% growth in global GDP, driven by record temperatures, electrification and digitalisation. Renewables accounted for the largest share of the growth in global energy supply (38%), followed by natural gas (28%), coal (15%), oil (11%) and nuclear (8%).Emerging and developing economies accounted for over 80% of global energy demand growth. In China, growth in energy demand slowed to under 3% in 2024, half the rate in…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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Russia
Russia is the world’s second-largest producer of natural gas, behind the United States, and has the world’s largest gas reserves. Russia is the world’s largest gas exporter. In 2021 the country produced 762 bcm of natural gas, and exported approximately 210 bcm via pipeline.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
![Russia Flag]()
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Paolo Frankl
Head of the Renewable Energy Division.
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2026 Energy Crisis Policy Response Tracker
Explore government actions to conserve energy and support consumers in response to the energy market impacts of the conflict in the Middle East
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Global Critical Minerals Outlook 2025 Executive summary
Demand for key energy minerals continued to grow strongly in 2024. Lithium demand rose by nearly 30%, significantly exceeding the 10% annual growth rate seen in the 2010s. Demand for nickel, cobalt, graphite and rare earths increased by 6‑8% in 2024. This growth was largely driven by energy applications such as electric vehicles, battery storage, renewables and grid networks. In the case of copper, the rapid expansion of grid investments in China has been the single largest contributor to demand growth over the past two years. For battery metals such as lithium, nickel, cobalt and graphite, the energy sector accounted…
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Coal Mid-Year Update 2025 Overview
…used in Chinese power plants, making China and its power sector the largest single driver of global coal demand. In 2025, global coal demand is set to remain around 2024 levels In the first half of 2025, global coal demand is estimated to have decreased slightly, by less than 1%, amid fluctuating trends across different regions. In China, weaker electricity demand growth and a surge in power output from renewables caused a decline in coal power generation. The small decline in China’s overall coal demand came despite growth in some sectors like chemicals. In India, expansion of wind and…
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Electricity Mid-Year Update 2025 Emissions: Power generation CO2 emissions are plateauing
Global emissions from electricity generation rose by 1.2% in 2024, following an increase of 1.6% in 2023. Last year was even hotter than in 2023 – making it the warmest year on record – with the heat waves boosting electricity demand for cooling. Nonetheless, growth in power sector emissions showed signs of slowing down as rapid deployment of renewables constrained increases in fossil-fired generation. As this trend continues, we expect 2025 emissions to plateau and remain relatively unchanged. In 2026, we forecast a slight decline of less than 1%, as the increase in low-emissions generation depresses fossil-fired…
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Energy and AI Energy supply for AI
…electricity systems they are located in) rather than the contractual mix of different data centre operators.Taken together, renewables remain the fastest-growing source of electricity for data centres, with total generation increasing at an annual average rate of 22% between 2024 and 2030, meeting nearly 50% of the growth in data centre electricity demand. This growth is primarily driven by the rising deployment of wind and solar PV in power systems across the globe, with some of the new capacity financed through PPAs with technology companies. Some data centre operators also invest directly in co-located renewables. Even so…
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World Energy Investment 2025 India
…five years. While growth in power generation has come from all sources, there has been a surge in investment in renewables, led by solar PV, which constitutes more than half of total non-fossil investment over this period. In 2024, 83% of power sector investment went to clean energy. India was also the world’s largest recipient of development finance (DFI) funding in 2024, receiving around USD 2.4 billion in project-type interventions in clean energy generation. This helped bring the share of non-fossil power generation capacity to 44% in 2024, approaching India’s target of 50% by 2030. India…
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Global Hydrogen Review 2025 Southeast Asia
Highlights Hydrogen demand in Southeast Asia reached 4 Mt in 2024, almost 4% of the global total. Hydrogen production accounted for about 8% of the regional gas supply and 1% of regional CO2 emissions. Indonesia represents over a third of regional demand, followed by Malaysia (22%), Viet Nam (15%) and Singapore (12%). Nearly half of all demand is for ammonia, of which two-thirds comes from Indonesia alone. Refining accounts for a third of demand, with 40% located in Singapore; methanol represents the remaining 20%, with 69% in Malaysia. The region currently exports ammonia (15% of production) and imports methanol.Indonesia, Lao…
