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Coal 2025
Analysis and forecast to 2030 Coal is a cornerstone of electricity generation in many countries as well as the single largest source of carbon dioxide emissions globally, placing it at the centre of international dialogues on energy. At a time of uncertainty and change for energy systems around the world, a range of different trends could shape coal markets in the years ahead.On the one hand, recent policy changes supporting coal could drive consumption higher, as could surging electricity demand in economies across the world, since two-thirds of global coal use today is for power generation. On the…
- Executive summary
- Demand
- Supply
- Trade
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+ 2 pages
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Oil Market Report - August 2025
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand is projected to increase by 680 kb/d in 2025 and 700 kb/d in 2026, to reach 104.4 mb/d. Despite weaker-than-expected demand in China, India and Brazil in recent months, annual growth of 600 kb/d in 2Q25…
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Renewables in District Energy
This report examines how renewables can play a larger role in district energy systems, helping to deliver cleaner, more secure and more efficient heating and cooling. District energy networks already supply heat to around 600 million people worldwide, but many systems remain heavily dependent on fossil fuels, exposing consumers and utilities to price volatility, supply risks and high emissions.The report provides a global overview of district energy systems, their fuel mixes, market conditions, governance models and affordability implications. It explores the growing opportunities offered by renewable and recovered heat sources, including bioenergy, geothermal, solar thermal, waste heat, large-scale heat…
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Global Energy Review 2026 Technology: Heat pumps
Global heat pump sales fell by about 2% in 2025. Sales in China and Japan were largely flat, while Europe saw a strong return of demand. Sales in the United States declined.In China, heat pump sales stayed broadly stable. Reversible air conditioners (used as primary heating equipment) make up about half the Chinese heat pump market, and while record-breaking sales of air conditioners supported strong demand in the first half the year, they fell sharply in the second half. Sales of air-to-water and hot water heat pumps, which make up the remainder of the market, remained…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Southeast Asia Energy Outlook 2026 Executive summary
Southeast Asia is a very dynamic region that is set to be a major driver of global energy demand growth, but the Middle East conflict has provided a stark wake-up call for the region’s energy system. Southeast Asia accounts for 9% of the world’s population and 4% of its GDP, but nearly 20% of global energy demand growth to 2035 under today’s policy settings. The disruption in global fuel markets has exposed deep structural vulnerabilities linked to import dependence, limited diversification and concentrated supply routes. Before the crisis, around 60% of Southeast Asia’s imports of…
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Global Energy Review 2026 Technology: Electric vehicles
Electric car sales increased by more than 20% year-on-year in 2025, rising to 21 million units, with one in four cars sold being electric. This was in line with the IEA’s forecast for annual sales share in the 2025 edition of the Global EV Outlook. Intense domestic competition, attractive prices and the growing availability of different models have supported the rapid rollout of EVs in China, with electric cars capturing more than half of all annual car sales for the first time in 2025. Sales of electric heavy-freight trucks also tripled in 2025, reaching more than…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Global Methane Tracker 2025 Regional insights
Central and South America The fossil fuel sector in Central and South America emitted around 8 Mt of methane in 2024, about 45% of which were from oil and gas facilities in Venezuela. Oil and gas facilities are the main sources of methane emissions in Venezuela, Argentina and Brazil, and coal mines are the largest source in Colombia.The upstream methane emissions intensity of oil and gas operations in Venezuela is six times the global average, and its flaring intensity is ten times the global average. Operations in Argentina and Ecuador are around twice the global average, while Brazil and Colombia…
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Electricity 2026 Reliability
Largescale outages amid system instability, equipment failures and weather impacts As the Age of Electricity evolves, with steadily rising electrification rates and electricity demand, blackouts can impact a vast part of economies and social life. Outages induced by operational failures, technical error, or climate-driven events illustrate the importance of redundancy, resilience, and thorough oversight. The following list of outage incidents in 2025 underscores how ensuring the security, reliability and resilience of power systems is evolving from a technical challenge to a strategic necessity that requires unwavering attention from system operators, regulators, and policy leaders. Voltage management increasingly important for…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Pledges to Progress 2025
An assessment of transparency of the oil and gas industry’s emissions reduction efforts At COP28, more than 50 of the world’s leading oil and gas companies launched the Oil and Gas Decarbonization Charter (OGDC), laying out a series of ambitions to achieve net zero operational emissions by 2050. As global methane and flaring emissions continue to rise, these ambitions are more important than ever to reduce energy waste and mitigate the harmful consequences of climate change.To support accountability and transparency, the International Energy Agency (IEA), the United Nations Environment Programme (UNEP) International Methane Emissions Observatory (IMEO) and…
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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…
