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Oil Market Report - December 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 set to rise by 830 kb/d in 2025 amid an improving macroeconomic and trade outlook. These brighter prospects extend to our 2026 forecast, which we have upgraded by 90 kb/d, to 860 kb/d y-o-y. Gasoil and jet…
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Energy and AI in East Asia
This report was commissioned by the Korea Energy Economics Institute and was carried out jointly by the International Energy Agency (IEA) and the Korea Energy Economics Institute. The study has three objectives in the context of East Asia. First is to explore the possibilities presented by AI for the energy sector. Second is to examine the expected increase in electricity demand by data centres, and the impact on grid planning and operation. Third is to provide policy recommendations for embracing the opportunities presented by the application of AI to energy, as well as policies for proactively managing the challenges presented by…
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The Value of Demand Flexibility
Benefits beyond balancing This policy brief, developed under the International Energy Agency’s Digital Demand-Driven Electricity Networks (3DEN) Initiative, examines the value of demand flexibility as a core component of modern electricity systems, with a strong emphasis on its role in improving energy efficiency. As electricity demand grows and power systems become more electrified, decentralised and renewable-rich, managing when and how electricity is used is increasingly as important as expanding supply.The brief sets out a clear framework for understanding demand flexibility and highlights its contribution to an efficiency-first approach to power system planning and operation. By…
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Climate and Transition Fund (KTF)
The Climate and Transformation Fund (KTF) in Germany, established by the Federal Government, aims to support the energy transition and climate protection efforts with a budget for 2023-2026. Key initiatives include funding for the building sector, electric mobility, hydrogen industry expansion, and energy efficiency, along with electricity price relief for consumers and businesses.
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Bus purchase support
The scheme set up by Germany with a budget of €70 million will support public transport operators until the end of 2021, covering the additional costs for the acquisition of electric and plug-in-hybrid buses rather than conventional diesel buses; and the construction of the related electric charging infrastructure required for the operation of these buses.
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Electric vehicle support for public transport
The scheme set up by Germany with a budget of €70 million will support public transport operators until the end of 2021, covering the additional costs for: the acquisition of electric and plug-in-hybrid buses rather than conventional diesel buses; and the construction of the related electric charging infrastructure required for the operation of these buses.
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2017 Amendment of the Renewable Energy Sources Act (EEG 2017)
On 8th of July 2016 Germany adopted amendment to the Renewable Energy Act (further: EEG 2017). The amendment will enter into force on 1st of January 2017.
The reform introduces public tender procedures for onshore wind, offshore wind, solar and biomass projects in country’s efforts to shift from FIT support renewable energy deployment to market orientated price finding mechanism. With that, projects will no longer be eligible for statuary feed-in tariff remuneration but will have to bid for it in public auction organised and monitored by the Federal Network Agency (Bundesnetzagentur). Successful projects will receive contracts for duration… -
Sustainable Transport Policy for Armenia: A Roadmap Executive summary
Georgia is at a pivotal point in shaping sustainable transport policy. This roadmap guides policy makers in making transport cleaner, fairer and more efficient while building on Georgia’s strengths – its location, institutions, competitive wages, low-emissions electricity and natural resources. Key opportunities include assembling and producing electric vehicles; manufacturing cells and battery components for mobility and storage; strengthening regional freight links; and developing low-emissions fuels.Road transport has become cleaner and more efficient, but progress needs to accelerate. Car ownership and freight activity have risen along with incomes, but this comes at a cost: Nearly all of Georgia…
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Energy Transition Review for Enhancing Co-operation
The Philippines’ power sector This report is part of ongoing IEA collaboration with Asia Zero Emission Community (AZEC) partners to better understand the particular challenges these partners face in their energy transition and to provide a platform for co-operation among the AZEC partners. The report seeks to build a shared understanding of the challenges and opportunities facing the Philippine power sector, and to identify practical pathways that can help to strengthen its energy security, improve affordability and enable the country to achieve its long-term clean energy goals.This review has been prepared in collaboration with the Department of Energy…
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Canada is set to play a leading role in supplying the world with responsibly produced critical minerals
Commentary Already a mining hub, Canada could play a big part in diversifying global mineral supply chains Since 2023, the IEA has been conducting Critical Mineral Reviews – in-depth country reviews of critical mineral policies and security that have served as part of the Agency’s pioneering work to ensure secure mineral supply chains. The latest Critical Minerals Review of Canada shows that at a time of increasing concentration risks, including from export controls by the dominant supplier, Canada has the potential to contribute to the development of secure, diversified and competitive global supply chains for critical minerals.Canada can…