• Commentary

        • 13 May 2026

        Energy crisis threatens world’s most vulnerable as cooking fuel shortages grow

        The Energy Crisis hits the Homefront: A growing shortage of cooking fuels The Middle East crisis has highlighted the energy security risks for a fundamental need: the ability to cook a meal The conflict in the Middle East has triggered a global energy crisis of unprecedented magnitude. The daily volumes of oil lost to global markets in March 2026 surpassed the peak supply losses of the two major oil shocks of the 1970s combined.Previous energy crises affected economies and societies in profound ways, often forcing households to ration fuel for their cars and heating for their homes. The 2026…

        • Country

        Singapore

        Singapore is the region’s second-largest gas importer. The country is expanding its existing LNG importing facility and is seeking to become a major LNG trading hub. Singapore’s relatively small import needs raise questions about how quickly the hub would reach sufficient liquidity to operate efficiently, but it is nonetheless well placed to bring Asian LNG buyers and sellers together and has taken a major step forward with the creation of an LNG price index: the “SLiNG”.
        Singapore has made important moves towards liberalising its gas market, providing the basis for more competitive price setting. These moves include…

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        • Country

        Japan

        Japan’s energy policy is guided by principles of energy security, economic efficiency, environmental sustainability and safety. Achieving the aim of carbon-neutrality by 2050 will require substantially accelerating the deployment of low-carbon technologies by 2030, to address regulatory and institutional barriers and further enhance competition in energy markets. It will also be important to develop different decarbonisation scenarios and to prepare for the possibility that certain low-carbon technologies, such as nuclear, might not expand as quickly as hoped. Stronger reliance on market-based instruments, such as carbon pricing, could be one policy option for Japan to cost…

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        • Commentary

        • 19 Jun 2026

        Delivering on the EU’s electrification ambitions

        …competitiveness, and climate strategy. Today, imported fuels account for around 60% of the EU’s total energy demand and cost the bloc EUR 380 billion in 2024. The risks associated with the EU’s reliance on fuel imports have been highlighted by recent market disruptions linked to the near-closure of the Strait of Hormuz amid the conflict in the Middle East, bringing renewed attention to the EU’s target of increasing electrification from 24% today to 32% of energy consumption by 2030.This commentary is the second in a series examining the case for electrification in the EU. The…

        • Country

        Brazil

        …nearly 70% of all additions in the coming years. Reliance on other sources for power generation is also growing, notably natural gas, wind (on-shore and off-shore) and bioenergy. Brazil is a global leader in second generation biofuels and flex-fuel cars provide a large domestic market. Ethanol supply is set to average 660 kb/d in 2026, up 90 kb/d compared with 2020 and 35 kb/d higher than in 2019. A system of contract auctions provides a mechanism to bring forward investment in new generation and transmission capacity, as well as to diversify the power mix.…

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        • Country

        Latvia

        Latvia is undertaking its energy transition with some promising results to date, with the goal to reduce total greenhouse gas emissions (without land use, land-use change and forestry) by 65% from 1990 levels by 2030 and to achieve net zero by 2050. It has made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.
        Renewable energy sources dominate its electricity mix, in particular, accounting for around three-quarters of domestic generation. Other sectors, notably transport and buildings, continue to consume large amounts of energy and rely on dated infrastructure that…

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        • Commentary

        • 08 Jun 2026

        International collaboration continues to power innovation in energy technologies

        …past five decades, some 80 TCPs have been created, and today there are 38 active groups covering nearly every aspect of the energy ecosystem – from renewables and smart grids to hydrogen, carbon capture, fossil energy and next-generation fuels.The TCPs currently involve thousands of experts from approximately 300 public and private organisations across around 60 countries. This includes representatives of non-IEA Member countries. Many of the original initiatives remain active today, continuously evolving to meet emerging technological breakthroughs and global energy challenges. The newest TCP – established earlier this year – focuses on Critical Minerals and Material Recovery, an increasingly…

        • Country

        Denmark

        …in decarbonisation and in 2022 the government announced a net zero by 2045 target, aiming at 110% emissions reductions by 2050. Denmark’s technology leadership is important in the areas of offshore wind, biomethane and district heating. The government has expanded these categories to adopt a strategic focus on carbon capture and storage (CCUS) and hydrogen. The government has a robust energy and climate governance under the Danish Ministry of Climate, Energy and Utilities and ‘the year wheel’ of Climate Act of 2020 ensures annual policy actions and funding. Among IEA countries, Denmark has the highest share of wind electricity…

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        • Country

        Canada

        Canada has set an ambitious target to cut greenhouse gas emissions by 40-45% from 2005 levels by 2030 and to reach net zero emissions by 2050. Canada’s energy and economic profile presents both challenges and opportunities to achieving these targets given its profile as a major producer, consumer and exporter of energy. Energy production and use in Canada accounts for over 80% of the country’s GHG emissions, with oil and gas production alone accounting for around a quarter. Canada’s electricity system is already among the cleanest in the world, with heavy dominance of hydropower as well…

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        • Country

        Norway

        …establishing a low-emissions society by 2050. As an energy-rich country, Norway is in a unique starting position with respect to the energy transition. An abundance of affordable hydropower has enabled the development of energy-intensive industries and a high level of electrification of homes and businesses with limited greenhouse gas emissions. At the same time, as a major oil and gas producer and exporter, Norway will need to support an evolution of its energy sector amid the global energy transition. Altogether, Norway has the opportunity to lead the world in new technologies for decarbonising hard-to-abate sectors.

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