-
Country report
Jun 2026
Southeast Asia Energy Outlook 2026 Energy in Southeast Asia
…with demand rising by 8% per year, increasing its share in the energy mix from 20% in 2015 to 30% today. Renewables followed as the second-fastest, growing at 7% per year, with solar PV and wind expanding particularly rapidly at around 35% per year, albeit from a low base. Modern bioenergy, hydropower and geothermal remain dominant, accounting for over 95% of total renewable energy supply in 2024. Oil demand has continued to rise on average by 1.5% per year since 2015 to 5 mb/d today, while natural gas remains an important fuel for power generation and industry…
-
Country report
Jun 2026
Southeast Asia Energy Outlook 2026 Energy outlook to 2050 based on today’s policy settings
…Gas use in the power sector rises, with annual output increasing by more than 1.5-fold in both scenarios to around 600 TWh by 2035. In the STEPS, renewables and nuclear together provide just over half of total generation by 2050, compared with 43% in the CPS. Solar PV generation rises from 44 TWh in 2024 to almost 200 TWh in 2035 in the STEPS, while expansion is slower in the CPS due to integration challenges. Other renewables also increase, led by geothermal, mainly in Indonesia and the Philippines. Climate risks add another layer to the region’s p…
-
Country report
Mar 2025
Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap The hydrogen opportunity
…50% are in equipment manufacturing, which could be located abroad, and 80% are related to constructing renewables rather than electrolysis. Focusing on electrification would therefore provide most potential job opportunities.Producing 2.5 Mtpa of hydrogen requires an investment of USD 85-90 billion for renewables and electrolysis. This is equivalent to 50% of the national gross domestic product in 2024 and 45-65% higher than the investment needed to reconstruct the entire energy system after the war. If this investment is funded with a cost of capital of 15%, interest payments could reach USD 165-175 billion (in nominal terms) over the entire…
-
Fuel report
May 2025
Northwest European Hydrogen Monitor 2025 Executive summary
…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 partially repurposed to facilitate the transmission, distribution and storage of low-emissions hydrogen. Despite the region’s significant potential, the development of low-emissions hydrogen has faced challenges. These include limited progress on demand creation, relatively high production costs, complex logistics and remaining technological hurdles.Low-emissions hydrogen is defined here as hydrogen produced via electrolysis where the electricity is generated from a low-emissions source (renewables or…
-
Flagship report
Jun 2025
World Energy Investment 2025 Latin America and the Caribbean
…Since 2015, clean energy investment increased by nearly 25%, reaching USD 70 billion in 2025. Chile, Colombia and Costa Rica accounted for the largest increase, given the doubling of renewable investment flowing into the three countries. Brazil played a significant role in building momentum behind clean energy investment, thanks to the county’s enabling environment for investment in small-scale solar PV and bioenergy, further accelerated by the enactment of the Future Fuel Law in 2024. Over the same period, fossil fuel investment decreased by more than 20%, to more than USD 90 billion a year, with Brazil, Argentina and Mexico accounting for almost…
-
Country report
Jul 2025
Lithuania 2025 Executive summary
…permitting and subsidise investments in renewable electricity generation, which helped drive rapid growth. While this development is positive, the pace is not yet sufficient to meet its 2030 renewable electricity capacity targets of 4.5 gigawatts (GW) onshore wind, 1.4 GW offshore wind and 4.1 GW solar photovoltaic (PV) power plants. Onshore wind is being built without subsidies, but market conditions need to be monitored, and policy action taken if they become less favourable. Offshore wind progress is more uncertain, and Lithuania was not the only country to see an offshore wind auction cancelled in 2024 resulting from a lack of…
-
Country report
Nov 2025
Czechia 2025 Executive summary
…provide a clearer direction to stakeholders and boost investor confidence. The 2024 National Energy and Climate Plan (NECP) sets ambitious goals, including greenhouse gas (GHG) emissions reductions, and increasing the share of renewables and nuclear in power generation. To achieve these goals, many of the associated plans and guiding documents, including the State Energy Policy (2015) and the Climate Protection Policy (2017), need to be updated or more clearly defined, with a particular focus on the long-term pathway for renewables and the role of natural gas in the energy transition. Czechia has set laudable goals and updating its strategic…
-
Flagship report
Nov 2025
World Energy Outlook 2025 Overview and key findings
…in the STEPS keep this to around 2.5 °C, slightly higher than the 2024 version of the STEPS. In the Net Zero Emissions by 2050 Scenario (NZE Scenario), warming peaks around 2050 at about 1.65 °C and declines slowly after that, largely due to active measures to remove CO2 from the atmosphere. The resilience of energy infrastructure in the face of extreme weather and other hazards is becoming more critical. Electricity plays a growing role in meeting energy service demand in all scenarios, supplied with rising shares of generation from renewables. Peak electricity demand rises around 40% by 2035…
-
-