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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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                • Report

                • Jul 2025

                Electricity Mid-Year Update 2025 Supply: Renewables grow the most, followed by gas and nuclearSupply: Renewables grow the most, followed by gas and nuclear

                …annual Electricity 2025 report, low-emissions energy sources are reaching new milestones globally in our forecast period. Renewables are poised to surpass coal-fired generation, depending on weather trends and economic developments, either as early as 2025 or in 2026. As a result, coal’s share in total generation is set to drop below 33% for the first time in the last 100 years.Solar PV and wind energy are key drivers of this trend, with their combined share in global electricity generation expected to rise from 15% in 2024 to 17% in 2025 and to above 19% in 2026 – up…

                • Executive summaryExecutive summary
                • Demand: Global electricity use to grow strongly in 2025 and 2026Demand: Global electricity use to grow strongly in 2025 and 2026
                • Supply: Renewables grow the most, followed by gas and nuclearSupply: Renewables grow the most, followed by gas and nuclear
                • Emissions: Power generation CO2 emissions are plateauingEmissions: Power generation CO2 emissions are plateauing
                • + 1 pages

                Aerial view of high voltage electricity tower over green rice field at sunset
                • Country

                Lithuania

                …has undergone several energy transitions over the past decade. Despite importing a large share of its electricity, the country successfully ended its reliance on Russian energy imports in March 2022. Along with its neighbours, Estonia and Latvia, Lithuania disconnected from the Russian electricity system and completed the synchronisation of its grid with the Continental European Synchronous Area (CESA) in February 2025. By 2030, Lithuania aims to shift from being an electricity importer to becoming a net exporter. Although the country’s energy consumption still depends heavily on imported fossil fuels, the share of bioenergy in the domestic energy supply is…

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Lithuania Flag
                • Fuel report

                • Feb 2026

                Electricity 2026 GridsGrids

                …Grid connection queues have reached record levels worldwide. In response, this year’s report examines the range of measures that regulators and system operators are adopting to “move fast and connect things”: enabling more capacity to be integrated more quickly through regulatory reforms and deployment of technologies that can deliver rapid grid upgrades. Greater demand-side participation and the expansion of utility-scale battery storage are additional levers for enhancing system flexibility and managing congestion, which are addressed in detail in the subsequent chapter on Flexibility.This chapter on grids also includes a dedicated section on the synchronisation of the…

                • Executive summaryExecutive summary
                • DemandDemand
                • SupplySupply
                • GridsGrids
                • + 4 pages

                The photo depicts a View of power poles and lines with buildings and mountains in background shutterstock 2325254401
                • Flagship report

                • Oct 2022

                World Energy Outlook 2022 Outlook for liquid fuelsOutlook for liquid fuels

                The situation for oil markets today could hardly be more different from what it was in 2020. Two years ago, lockdowns imposed in response to the Covid-19 pandemic caused a huge oversupply of oil, leading prices to collapse to an average of USD 44/barrel. Today, global supply is struggling to keep pace with demand, with many producers bumping up against capacity constraints and Russia’s invasion of Ukraine sharply accentuating market tightness. Prices have soared to an average of USD 105/barrel so far in 2022.Global oil use is subject to sharply conflicting pressures. Some sectors, notably aviation, are…

                • Executive summaryExecutive summary
                • Key findingsKey findings
                • The global energy crisisThe global energy crisis
                • An updated roadmap to Net Zero Emissions by 2050An updated roadmap to Net Zero Emissions by 2050
                • + 6 pages

                World Energy Outlook 2022
                • Technology report

                • May 2026

                Artificial intelligence and EVs

                GEVO 2026 - Chapter 8 Progress in AI and computing power is disproportionately benefiting EVs, particularly for automated driving and integrated vehicle control. Sensors and chips integrate well with the stable, high-voltage power supply of EV batteries. At the same time, the benefits of AI and increased computing power are not exclusive to EVs. AI‑enabled energy management systems are increasingly used to optimise hybrid vehicles, and AI techniques are accelerating the design, testing and optimisation of all vehicles. Advances in AI underpin progress in autonomous vehicles Just two decades ago, state-of-the-art autonomous vehicles were confined to test…

                • Country report

                • Jun 2025

                Ramping up Heat Pumps in Moldova: A Roadmap

                …adoption including the high upfront costs of heat pump technology and installation, alongside limited industry experience. Public awareness and demand for heat pumps remain low, with many consumers deterred by cost and maintenance concerns.This roadmap takes stock of the current landscape, draws on the experience of other countries and offers policy recommendations to spark a discussion and advance heat pump adoption in Moldova. Read about the three pillars for ramping up heat pumps Explore how Moldova could enhance energy security, reduce emissions, stimulate job growth and lower heating costs with targeted policies to accelerate the deployment of heat pumps.

                • Executive summaryExecutive summary
                • Status and key indicatorsStatus and key indicators
                • Heat pumps in MoldovaHeat pumps in Moldova
                • Building the marketBuilding the market
                • + 3 pages

                Neighbourhood street in Moldova
                • Technology report

                • Mar 2025

                Demand and Supply Measures for the Steel and Cement Transition Executive summaryExecutive summary

                …cement sectors account for 14% of global energy and process-related emissions on a direct basis, making them central to the decarbonisation challenge. First mover producers of near-zero emissions materials are beginning to position themselves to compete in such markets, including through the development of definitions, certification and labelling systems for near-zero emissions steel and cement – in some cases through collaboration with government – like the Low Emissions Steel Standard initiated in Germany, the voluntary CO2 standard of the China Iron and Steel Association, and the Global Cement and Concrete Association’s definitions proposal. Yet, while progress is underway…

                • Executive summaryExecutive summary
                Photo showing inside of metallurgical plant, Germany.Gettyimages 1412928402
                • Country report

                • Jul 2025

                Lithuania 2025 Executive summaryExecutive summary

                …to end its reliance on energy imports from the Russian Federation (hereafter, “Russia”). Thanks to strategic infrastructure investments, Lithuania is an important regional energy hub, and with the recently completed electricity grid synchronisation with the Continental European Synchronous Area (CESA), the Baltic states have successfully disconnected from the Russian-controlled system. While these are important achievements, Lithuania’s final energy consumption remains highly reliant on imported fossil fuels, notably in transport, and a significant share of electricity demand is met by imports. This report seeks to provide Lithuania with timely advice on how it can progress towards its energy goals…

                • Executive summaryExecutive summary
                • InfographicInfographic
                Photo Showing Aerial View Of Kaunas City At Night Lithuania Shutterstock 788281036
                • Country

                Yemen

                In Yemen, less than half of the population has access to electricity. In 2010, the government launched a National Strategy for renewable energy and energy efficiency, which aims to develop grid and off-grid renewable energy and targets a 15% share of renewable electricity generation by 2025.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Yemen Flag
                • Fuel report

                • Feb 2026

                Electricity 2026 Executive summaryExecutive summary

                Electricity demand is set to grow strongly through 2030 as the Age of Electricity takes hold Global electricity demand is forecast to increase at a brisk average annual rate of 3.6% over the 2026-2030 forecast period, supported by rising consumption from industry, electric vehicles, air conditioning and data centres. Worldwide electricity demand grew by 3% year-on-year in 2025. This followed growth of 4.4% in 2024, when intense heat waves and strong industrial activity in many regions boosted electricity use. Looking ahead, annual demand growth over the next five years is set to be 50% higher…

                • Executive summaryExecutive summary
                • DemandDemand
                • SupplySupply
                • GridsGrids
                • + 4 pages

                The photo depicts a View of power poles and lines with buildings and mountains in background shutterstock 2325254401
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