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            • Oil Market Report - June 2026

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              Flagship report — 12 November 2025

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              All content Reports Data & Tools News & Events
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                • Country

                Norway

                Norway has set ambitious targets for reducing greenhouse gas emissions and 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…

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

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                • Country

                Guatemala

                The National Energy Plan of Guatemala defines the promotion of renewables as a priority. The plan aims to promote the use of clean and environmentally friendly energy for domestic consumption without losing sight of energy security and the need for supplying electricity at competitive prices.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Guatemala Flag
                • Country

                Armenia

                Imports of oil and gas cover 77% of Armenia’s energy needs. Current energy policy is focused on developing indigenous energy sources, mainly renewable, and on replacing the country’s main nuclear reactor. Energy Efficiency policy has also become a bigger priority as energy security and reliability remain key focus areas. Armenia is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

                • OverviewOverview
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                • EmissionsEmissions
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                • + 5 pages

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                • Report

                • Sep 2025

                Energy Management for Industry

                Driving efficiency implementation This report demonstrates the value of energy management for industry and governments. It illustrates how more systematic approaches to energy efficiency can contribute to ensure continual, durable, and increasing improvements that support competitiveness and energy security. It shows how new advances in energy management, such as increased digitalisation and artificial intelligence, can provide further benefits at speed and at scale. Building on best practices and innovative approaches, the report provides policy guidance on effective policy packages, giving insights into possible actions for policy makers irrespective of the maturity of existing programmes.

                • Executive summaryExecutive summary
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                • Report

                • Nov 2025

                Global Energy and Climate Model

                Scenario analysis of future energy trends Global Energy and Climate Model Over the past four years, the IEA has worked to develop a new integrated modelling framework: the IEA’s Global Energy and Climate (GEC) Model. This model is now the principal tool used to generate detailed sector-by-sector and region-by-region long-term scenarios across IEA's publications, including the World Energy Outlook series and Energy Technology Perspectives series.In 2021, the IEA adopted for the first time a new hybrid modelling approach relying on the strengths of both models. The integrated framework of the IEA’s Global…

                • Understanding GEC Model scenariosUnderstanding GEC Model scenarios
                • Current Policies Scenario (CPS)Current Policies Scenario (CPS)
                • Stated Policies Scenario (STEPS)Stated Policies Scenario (STEPS)
                • Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)
                • + 6 pages

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                • Commentary

                • 27 Mar 2026

                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…

                • Commentary

                • 29 May 2026

                Battery storage is scaling up and taking on a larger system role

                Commentary As the result of falling costs and greater flexibility needs, battery storage is playing a growing role in power systems worldwide, acting as a “multi-tool” that can provide a range of critical system services at once. According to the latest data, the deployment of batteries expanded strongly in 2025 and broadened across markets – with rapid growth in countries such as Australia and Saudi Arabia, where storage is increasingly being used to support the integration of rising shares of variable renewables.In regions that have been at the forefront of renewable integration and battery deployment, batteries now play an…

                • Energy system

                Electric Vehicles

                Global electric car sales continue to break records as affordability improves
                Despite recent economic headwinds that have put pressure on the auto sector, global sales of electric cars have continued to break records as electric models become increasingly affordable. Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%. Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020.
                In 2025, sales of electric cars are expected to surpass 20 million, accounting for over…

                Ev Tall
                • Country

                Iran

                Iran has in place legislation obliging the Minister of Energy to increase the share of renewables and clean power plants to at least 5% of the country's capacity until the end of 2021.

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                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

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                • Energy system

                Carbon Capture, Utilisation and Storage

                Carbon Capture, Utilisation and Storage

                Ccus Tall
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