-
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…
-
Scaling Up Transition Finance What is transition finance?
Developments and current status Many energy investments defy a simple binary classification between “clean” and “dirty”: there are also the “in-between” investments that can deliver material emissions reductions but that do not bring emissions to zero. These investments have historically been difficult to categorise due to differences in energy pathways and timeframes across regions and have been the subject of debate, including over whether and how they should be supported.Transition finance refers to financial activities that can contribute to emissions reductions, particularly in hard-to-abate sectors as well as in emerging market and developing economies (EMDE) where…
-
Global Hydrogen Review 2025 Production highlights
Highlights Hydrogen production reached almost 100 Mt in 2024, but less than 1% was based on low-emissions hydrogen technologies. Based on announced projects, low-emissions hydrogen could reach 37 Mtpa by 2030, a reduction from the 49 Mtpa estimated in the Global Hydrogen Review 2024 (GHR-24).More projects are reaching final investment decision (FID), although the total production capacity reaching this stage in 2024 remained at the same level as in 2023. Persisting technical and regulatory barriers, financial obstacles and challenges in securing reliable offtake, in particular, continue to delay and occasionally completely stall project progress.Despite announced delays and cancellations…
-
Global Methane Tracker 2026 Strategies to speed action
Making a business case for methane abatement Tackling methane emissions from fossil-fuel operations is one of the quickest and cheapest ways to curb global greenhouse gas emissions. Most of the methane abatement measures available today in the oil and gas sector would be cost-effective at a carbon price of about USD 20 per tonne of carbon dioxide equivalent (tCO2‑eq). Methane abatement has not caught on as widely as it could, for several reasons. Companies may underestimate of the scale of the problem or be unaware of the available solutions. Capital is often steered toward higher-profile projects, while corporate…
-
State of Energy Policy 2026
The IEA State of Energy Policy 2026 report provides with a unique review of policy progress made in 2025 across all energy sectors and instruments, with a special focus on government spending, energy efficiency regulations, and the contribution of the energy sector to nationally determined contributions and long-term net zero pledges.This year’s report brings an extensive examination of energy security policies to the period 1973-2025, from oil and natural gas to clean energy technology supply chains and critical minerals. It also spotlights the policy momentum around energy access, most particularly in sub-Saharan Africa, taking stock…
-
Global EV Outlook 2025 Trends in electric car markets
Electric car sales Global electric car sales exceeded 17 million in 2024 More than 20% of new cars sold worldwide were electricElectric car sales topped 17 million worldwide in 2024, rising by more than 25%. Just the additional 3.5 million cars sold in 2024 compared to 2023 outnumber total electric car sales in the whole of 2020. China maintained its lead among major markets, with electric car sales exceeding 11 million – more than were sold worldwide just 2 years earlier. Global sales were slightly tempered by stagnating growth in Europe, as subsidies were phased out or reduced in several major markets, and…
-
Prospects for Natural Gas Certification
This report offers an overview of the role of certification in natural gas supply chains, provides a broad mapping of existing initiatives, highlights selected regulatory and market developments, identifies areas where improvements may be needed, and presents recommendations to support the development of credible certification frameworks.Certified natural gas refers to gas whose environmental and social attributes – such as greenhouse gas (GHG) emissions performance, water use, local community impacts and worker safety – have been independently verified against defined criteria or benchmarks. In 2024, around 7.5% of global natural gas production was certified, with volumes primarily originating from North America…
-
Northwest European Hydrogen Monitor 2025 Executive summary
Low-emissions hydrogen can play a significant role in decarbonising energy systems and is critical to many countries’ efforts to meet their energy and climate targets. It can also reduce reliance on fossil fuel imports over the longer-term, bolstering energy security.Northwest Europe is at the forefront of low-emissions hydrogen development. The region accounts for around 40% of Europe’s total hydrogen demand. It has vast and untapped renewable energy potential in the North Sea, as well as substantial carbon storage capabilities. The region has a well-developed, interconnected gas network and underground storage sites that could be…
-
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
-
+ 5 pages
![India Flag]()
-
Electricity 2026 Prices
Affordability and competitiveness take centre stage Average wholesale electricity prices in 2025 rose year-on-year in multiple regions and countries, including Europe and the United States, while others such as India and Australia saw lower prices compared to 2024. Looking at electricity prices for energy-intensive industries, significant variations across regions remain. EU electricity prices for energy‑intensive industries stayed elevated in 2025, again averaging over twice US levels and nearly 50% above those in China, similar to 2024, adding competitive pressure.At the same time, negative wholesale electricity prices became more common across many markets. Exceptions include the Nordic region…
- Executive summary
- Demand
- Supply
- Grids
-
+ 4 pages
