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Global EV Outlook 2026 Electric vehicle batteries
…recent increase in lithium and cobalt prices – if sustained – could put upward pressure on battery costs as stockpiles of minerals purchased at lower prices are being drained.Lithium prices at the beginning of 2026 were more than twice as high as in the same period in 2025, even though they remained around 70% lower than their 2022 peak. Several factors contributed to this rise, including faster‑than‑anticipated demand growth – particularly from the battery energy storage sector –, relatively low inventories in China and temporary supply disruptions, such as the suspension of operations at CATL’s Jianxiawo lithium mine. If these upward p...
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Chemicals
Chemicals
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Coal Mid-Year Update 2025 Supply
…6% year-on-year during the first six months of the year. However, the same period in 2024 marked a low base due to the production cuts in Shanxi. The province is expected to regain its position as China’s top coal-producing region in 2025. As a result, output for the full year is expected to rise by 3%, reaching 4.8 Bt. That said, the overall growth masks signs of softening demand, which have led to elevated stock levels in several regions and persistently low international coal prices. India’s production in 2025 will grow by another 3% to…
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Electricity Mid-Year Update 2025 Supply: Renewables grow the most, followed by gas and nuclear
…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 from 4% a decade…
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Brunei Darussalam
In 2014, Brunei adopted a strategic plan to achieve 10% share of renewables in the national energy mix by 2035. The plan provides the outline to introduce renewable energy policy and regulatory frameworks and to scale-up market deployment of solar PV.
- Overview
- Energy mix
- Emissions
- Electricity
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World Energy Outlook 2025 Achieving access for all
…electricity demand, contributing up to 45% of the total increase in residential electricity demand in some regions. This is met largely by hydropower, natural gas, and solar photovoltaics (PV), with solar powering most mini-grids and nearly all stand-alone systems. Closing the access gap worldwide requires USD 4 billion each year for clean cooking from now until 2040, and around USD 23 billion each year for electricity until 2035. While it is encouraging that private sector involvement is expanding, public and concessional financing remains vital to attract capital to underserved segments, especially in riskier markets where public finances are constrained. Expanding energy access…
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Laos
Laos’ 2011 Renewable Energy Development Strategy aims to achieve a renewable energy share of 30% in total energy consumption by 2025. The policy encourages investment in renewables and small power development for self-sufficiency and grid connection.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Investment 2025 Southeast Asia
…phase-out of coal-fired power plants with transition finance. Southeast Asia is playing a growing role in clean energy manufacturing supply chains. In 2023 Viet Nam, Thailand and Malaysia were the world’s largest solar PV manufacturers after China. Further, the region holds rich reserves of critical minerals. Indonesia produces more than 60% of the world’s nickel, attracting over USD 50 billion of investment in greenfield mining between 2014 and 2023, over 90% of the global total. Chinese investment is driving Indonesia’s nickel refinery sector, amounting to USD 30 billion in 2024, and Chinese companies account for around 75% of refining…
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Responding to Satellite Notifications from the Methane Alert and Response System
…and artificial intelligence) to provide free notifications of large methane emission events to governments and companies.MARS satellite alerts provide rapid and actionable information that can enable quick mitigation action. Swift action on major leaks or releases detected via MARS can deliver significant benefits for governments, potentially reducing gas waste, boosting sales by domestic companies and improving national energy security while simultaneously decreasing air pollution, minimising local health impacts and increasing productivity. More broadly, it may allow governments to achieve national emissions reduction objectives. While the response rate to MARS notifications has increased since the system’s introduction in 2023…
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Renewables 2025 Biogases
…2026, while the Netherlands is developing one. Ireland has set a national blending mandate for heating.Use in the transport sector continues to grow, especially where targets are based on fuels’ GHG performance, making biomethane more competitive, such as in Germany. On the other hand, creating a unified European market for trading green certificates remains a key demand. The new Union Database, expected to be operational for biogases in 2025, will facilitate the tracking of proof of sustainability (PoS) certificates required under the Renewable Energy Directive (RED).Germany, the world’s largest biogas and biomethane market, with a combined prod...
