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Energy Technology Perspectives 2026
The 2026 edition of Energy Technology Perspectives is published against the backdrop of a fast-changing policy and technology landscape. Governments are working to establish secure and resilient supply chains for clean energy technologies while advancing key energy policy goals such as energy security, affordability and economic competitiveness, as well as climate and other environmental goals. In a landscape that is constantly evolving, this report aims to deliver timely insights into the status and outlook of technology deployment, manufacturing, project pipelines, investments, and trade of different energy technologies and materials. The aim is to provide useful analysis that can inform…
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Global EV Outlook 2026
The Global EV Outlook is an annual publication that identifies and assesses recent developments in electric mobility across the globe.Combining analysis of historical data with projections, the report examines key areas of interest, such as the deployment of electric vehicles and charging infrastructure, battery demand, and key policy developments in major and emerging markets. It also considers the implications of growing EV adoption for electricity and oil consumption, as well as greenhouse gas emissions.Amid the ongoing energy crisis sparked by the conflict in the Middle East, this edition includes early monthly data for 2026 and considers potential implications…
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Electricity Market Design
Building on strengths, addressing gaps Electricity markets play a central role in balancing supply and demand, guiding operational decisions and shaping investment outcomes. As systems change with higher shares of variable generation, greater decentralisation and evolving patterns of electricity use, the ability of market designs to deliver secure and affordable electricity has never been more critical. If market arrangements do not keep pace with these developments, the functioning of electricity systems could become more uncertain and more costly.This report provides a cross-regional assessment of how wholesale electricity markets and their complementary policy mechanisms are performing today. We find…
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Rare Earth Elements
Pathways to secure and diversified supply chains The critical role of rare earth elements in strategic applications, ranging from energy technologies and advanced electronics to aerospace and defence systems, combined with their highly concentrated supply chains, has elevated their importance in both energy and broader economic security discussions in recent years. This report assesses the current state of the rare earth elements market, examining demand and supply dynamics and key technological developments. It analyses the full value chain from mining to permanent magnet production, evaluates vulnerabilities across supply chains, and highlights the implications of potential supply disruptions. Based on these…
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The energy crisis creates even stronger impetus for EU electrification
…technologies are offset by their lower operating costs if they have higher utilisation rates. Electric vehicles and high-temperature industrial heat need lower price ratios (usually between 1 and 2) to become cost-competitive compared with buildings and low-temperature industrial heat (usually between 2 and 3.5).Achieving cost parity alone is insufficient to drive uptake of electrical technologies. High upfront costs discourage investment in electrification across all sectors. Buildings and industries may need modifications to accommodate heat pumps; new enabling equipment (like grids and EV chargers) needs to be rolled out; and consumers and business may be uncertai...
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Clean Energy Transitions Programme 2024
Annual report 2024 The Clean Energy Transitions Programme (CETP) is the International Energy Agency’s flagship initiative for accelerating clean energy transitions worldwide. Since its inception in 2017, the CETP has played a vital role in tackling the diverse challenges of energy transitions across the globe, fostering partnerships and providing tailored, actionable solutions. The programme is structured around three key pillars: directly supporting national transitions; strengthening multilateral co‑ordination; and delivering global analysis to inform policy dialogue.With significant milestones achieved in 2024, the CETP has supported over 320 high‑level meetings with policy makers, conducted 735 workshops and technical exchanges with…
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Financing Electricity Access in Africa
…with progress falling far behind targets set by both African governments and the international community. Reaching universal electricity access will require a rapid scale-up of investment and financing to USD 15 billion per year, enabling the expansion of generation capacity, grid networks and decentralised solutions while ensuring that progress remains inclusive and sustainable.In a new flagship report, Financing Electricity Access in Africa, the International Energy Agency (IEA) undertakes its authoritative energy analysis to provide a comprehensive overview of the status quo of electricity access financing, including a first-of-a-kind tracking of public and private investment flows…
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Critical Mineral Traceability for Energy and Economic Security
Amid rising risks linked to the high concentration of critical mineral supply chains, the ability to track where minerals originate, how they move through supply chains, who has custody of them and how they are transformed is increasingly important for policymakers seeking to create diversified and responsible supply chains.This report provides insights from a first-of-its kind survey on traceability conducted by the IEA and OECD. More than 80 respondent companies active across supply chains of the six focus minerals (copper, lithium, nickel, cobalt, graphite and rare earth elements) provided results between October and December 2025. Drawing on…
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Renewables for Industry
Electrification of low-temperature heat and steam Industry is responsible for 30% of global energy consumption, most of which is supplied by fossil fuels. The focus of industrial decarbonisation has largely been on the steel and cement sectors, but significant potential also exists in less energy-intensive sectors such as food and beverages, textiles, chemicals, paper, and other manufacturing activities. These sectors offer some of the most immediate and cost-effective opportunities for industrial decarbonisation and diversification of energy sources. Commercially available electric technologies – including heat pumps, electric boilers and resistance heaters – can meet most heat demand in these subsectors…
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International collaboration continues to power innovation in energy technologies
…improving the efficiency and quality of existing processes and materials, and supporting the development of frontier technologies that strengthen the energy security and sustainability, this coordination has accelerated progress and shed new light on the implications of innovative technologies around the world.An understanding that energy technology innovation can play a key role in reducing the likelihood and severity of energy shocks led to the establishment of the IEA’s Technology Collaboration Programme shortly after the Agency’s launch in 1974. And today, the motivation behind this work is just as strong.The IEA’s Technology Collaboration Programmes (TCPs) are…