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Electricity 2026 Executive 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 summary
- Demand
- Supply
- Grids
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Financing Clean Energy in Africa Clean energy investment landscape: setting the scene
…the growing energy needs of 20% of the global population. Under current financing norms, project developers often struggle to access adequate capital and capital providers to identify investable assets. Resolving this disconnect requires effort on both demand and supply, with African governments, donors, development finance institutions and private companies all playing a role. Increasing the availability of affordable capital can be a key lever to trigger a series of reinforcing positive outcomes, including driving the development of more bankable projects.The cost of capital is an important factor since many clean energy and end-use investments (including energy access projects…
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Jordan
The government of Jordan targets 10% of energy mix to come from renewables by 2020. The country has set up a fund, as well as duties and taxes exemptions on all manufactured locally and imported renewable energy sources equipment and systems.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Chad
…basic services such as drinking water, basic sanitation and paved roads. Meanwhile, crude oil has become the country’s primary source of export earnings. In 2019, Chad’s energy mix was dominated by biofuels and wastes (85%) with oil products accounting for the rest of the total energy supply. In 2020, less than 5% of the population had access to clean cooking and 8% had access to electricity. The electrification rate is one of the lowest in Sub-Saharan Africa. The country has 30% electricity access target by 2023 and up to 53% by 2030, with a 20% rural access…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Energy and Gender
…the manufacturing of electrical equipment (27%). The share of women in senior leadership is growing but lags the economy-wide average The share of women in senior leadership positions has been rising faster than the economy-wide average since 2015. Renewables and nuclear have seen particularly strong progress, while there have only been marginal gains in oil and gas supply, and coal witnessed declines. Women’s share of leadership roles in the energy sector now stands at 18% – up from 13% in 2015, but still below the economy-wide average of 25%. Nearly one in three people lack access to…
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Advancing Methane Emissions Reductions by National Oil Companies
…and repair programmes, and deploying low-emissions equipment. Many of these mitigation options do not require measured emissions data or large investments. Flaring reductions by NOCs could make 60 billion cubic metres of natural gas available for domestic consumption or for export.Develop a methane monitoring, reporting, and verification system based on emissions measurements. This would enable a better assessment of abatement options and a credible way to track progress over time. It would also help meet market and regulatory requirements such as those of the European Union’s (EU) methane regulation.Make the most of supporting initiatives. Many initiatives...
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Austria
Austria is committed to reaching climate neutrality by 2040. Over three quarter of electricity generation already comes from renewables, with a target of achieving a 100% renewable electricity supply by 2030 (national balance). This requires investments to make networks more resilient and flexible, optimise demand side management, and updating the legal and regulatory framework to allow more consumer participation. Buildings and transport account for around half of total emissions . To progress the transition in these sectors, the government supports building renovation, switching from fossil fuels to sustainable heating systems, the electrification of transport and invests in public transport infrastructure.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Biofuels
Country and regional highlights
The United States Inflation Reduction Act makes USD 9.4 billion available for biofuels
Energy
Biofuel demand increased by 6% in 2022, continuing the recent pace of growth
Technology deployment
Biofuel production technology needs to diversify to sustainably take advantage of existing waste and residue feedstocks
Innovation
Technologies that can convert woody feedstocks into biofuels need to be proven at scale in the next few years
Supporting infrastructure
Policy
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Electricity Mid-Year Update 2025 Executive summary
…demand from industry, appliances, growing air conditioning use, the expansion of data centres, and ongoing electrification will remain major drivers of strong global electricity demand growth through 2026. As a result, electricity demand is expected to rise more than twice as fast as total energy demand in 2025 and to continue this trend in 2026. Electricity demand in China and India is expected to rise at a more moderate pace in 2025 than the rapid growth seen in 2024. After a 7% surge in 2024, electricity consumption in China is projected to increase by 5% in 2025, reflecting slower demand…
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Southeast Asia Energy Outlook 2024 Executive summary
…and Thailand of 2065. While momentum is building for clean energy transitions across the region, far greater efforts are needed to get on track for these national goals, which would mean cutting today’s emissions by almost two-thirds by 2050. Aligning with the targets agreed at COP28 and achieving global net zero emissions by mid-century would demand an even faster transformation in Southeast Asia.At a time of heightened geopolitical tensions, energy security and affordability remain top priorities for Southeast Asia. The recent global energy crisis highlighted the region’s vulnerability to fuel price shocks, with fossil fuel…
