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China’s Official Energy Finance in Emerging and Developing Economies Case 2. Southern power grid’s acquisition of Enel Peru distribution assets
Project overview and impact Latin America’s power systems face a growing need to modernise their electricity networks as clean energy deployment accelerates. While the region has seen a 25% increase in clean energy investment since 2015, grid spending has not kept pace, with less than USD 0.5 invested in networks and storage for every dollar spent on new generation. Strengthening distribution systems, especially in rapidly expanding urban areas, is essential to integrate more renewables. Peru is no exception. Although its electricity demand has grown steadily, network modernisation has lagged behind regional leaders, and the expansion of renewable capacity…
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Autonomous vehicles
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. Electric vehicles lead in automation and advanced driver assistance Driving automation is at the forefront of software developments for cars today. While fully autonomous cars (Level 5 automation)) are not currently in sight, electric driverless taxis (Level 4) are already operating commercially in more than 20 cities worldwide. Moreover, automated driving systems are not limited to self-driving cars – they are also rapidly gaining…
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Financing the ASEAN Power Grid Executive summary
Southeast Asia’s electricity sector is on the cusp of major changes that underscore the case for regional integration Rapidly growing electricity demand alongside accelerating momentum behind renewables deployment will require major investment in grids across Southeast Asia. Electricity consumption in the Association of Southeast Asian Nations (ASEAN) region has increased ninefold since 1990 and is projected to continue to grow at annual rate of 3 to 4% through to 2040, considerably faster than the global average. ASEAN member states have committed to a massive expansion of new generation capacity to meet this demand. By 2040, total generation capacity is…
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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…
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State of Energy Policy 2026 Climate pledges
The new round of NDCs does not imply stronger annual emissions reductions than the previous 2030 NDCs The past year marked a key milestone in the Paris Agreement’s ratcheting mechanism, under which countries update their climate pledges every five years. As of 27 March 2026, more than 130 countries had submitted new NDCs out of the 194 parties to the Paris Agreement that had previously submitted NDCs under the UNFCCC framework, with the vast majority setting new targets for 2035. In total, these submissions cover close to 75% of today’s energy-related greenhouse gas emissions.Some regions have not…
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Global Hydrogen Review 2026 Trade and infrastructure
Trade remains a key driver of low-emissions hydrogen projects, and would underpin over 40% of announced volumes by 2030 if all projects materialise. Less than 8% of this, around 1 Mtpa H₂-eq (hydrogen equivalent), comes from projects that are operational, in construction, or have committed investments, compared with around 16% across the overall project pipeline.First shipments of low-emissions hydrogen are taking place, enabling trials of logistics and certification approaches. Long-term bilateral contracts dominate, particularly for ammonia and ammonia-derived fertilisers, while hot briquetted iron (HBI) is gaining prominence.Announced hydrogen pipeline projects, including new and repurposed natural…
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The Value of Demand Flexibility
Benefits beyond balancing This policy brief, developed under the International Energy Agency’s Digital Demand-Driven Electricity Networks (3DEN) Initiative, examines the value of demand flexibility as a core component of modern electricity systems, with a strong emphasis on its role in improving energy efficiency. As electricity demand grows and power systems become more electrified, decentralised and renewable-rich, managing when and how electricity is used is increasingly as important as expanding supply.The brief sets out a clear framework for understanding demand flexibility and highlights its contribution to an efficiency-first approach to power system planning and operation. By…
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Ukraine
Ukraine is a key country for European and global energy security. Russia’s invasion of Ukraine has pushed it to fundamentally reshape its past dependence on energy imports from Russia.
As the invasion continues, Ukraine is focused on tracking large-scale energy supply disruptions and actively working to recover power and heating for civilians. It is also putting together an ambitious recovery and reconstruction plan, with a strong focus on energy security. In the medium-term, Ukraine’s energy strategy remains focused on European integration, while it aims to an energy system that is ready for a Net Zero future…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Energy and AI
Energy and AI The development and uptake of artificial intelligence (AI) has accelerated in recent years – elevating the question of what widespread deployment of the technology will mean for the energy sector. There is no AI without energy – specifically electricity for data centres. At the same time, AI could transform how the energy industry operates if it is adopted at scale. However, until now, policy makers and other stakeholders have often lacked the tools to analyse both sides of this issue due to a lack of comprehensive data. This report from the International Energy Agency (IEA) aims to fill this…
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Integrating Solar and Wind in Southeast Asia Executive summary
Southeast Asia stands at a pivotal moment to leverage abundant renewable resources and meet growing demand Electricity demand in Southeast Asia is rising at one of the fastest rates globally, highlighting the importance for all countries to diversify their energy sources. Driven by rapid urbanisation, population growth, industrialisation and rising living standards, demand growth exceeded 7% in 2024 - nearly double the global average. While the Association of South East Asian Nations (ASEAN) member states are becoming increasingly reliant on imported coal and gas for power generation, the recent global energy crisis underscored the risks that this dependence poses through fuel…
