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Renewables 2021 Renewable electricity
Forecast summary Renewable capacity additions are set to grow faster than ever in the next five years, but the expansion trend is not on track to meet the IEA Net Zero by 2050 Scenario Annual additions to global renewable electricity capacity are expected to average around 305 GW per year between 2021 and 2026 in the IEA main case forecast. This implies an acceleration of almost 60% compared to renewables’ expansion over the last five years. Continuous policy support in more than 130 countries, ambitious net zero goals announced by nations accounting for almost 90% of global GDP, and improving competitiveness…
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Financing the Modernisation of Power Systems Beyond Coal Executive summary
The role of coal in power systems is evolving This report assesses the potential applications, limitations and relevance of transition credits in Southeast Asia. Coal is the largest source of power generation worldwide and the largest source of energy-related carbon dioxide emissions. All Southeast Asian countries with coal in their power generation mix have adopted commitments to reduce coal-fired generation or emissions targets that imply a significant decline in coal consumption in the coming decades. To meet these targets, the International Energy Agency (IEA) has long emphasised that a range of strategies can be deployed to reduce coal…
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Global EV Outlook 2026 Manufacturing and trade
Manufacturing and trade of electric cars Global electric car output reached record levels in 2025 while European production rebounded Nearly 22 million electric cars were produced globally in 2025 – up more than 25% compared to the previous year. Of those, about one-quarter were traded between major production and demand centres. China remains the world’s largest hub for manufacturing and trade of electric cars, capturing nearly 75% and 40% of the respective global totals. Primarily led by domestic carmakers, China’s 2025 production of 16 million electric cars outstripped domestic demand by 20%, pushing Chinese electric car exports to double to…
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Southeast Asia Energy Outlook 2024 Executive summary
Southeast Asia is a very dynamic region and a driving force behind global energy trends, with a projected rise in energy demand over the coming decades second only to India. It has accounted for 11% of global energy demand growth since 2010 but is projected to contribute more than 25% of the growth over the period to 2035 in the Stated Policies Scenario (STEPS), which indicates the direction of travel for the energy sector based on today’s policies. This increase in demand is underpinned by strong economic expansion, population growth, and Southeast Asia’s position as a global manufacturing…
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Universal Access to Clean Cooking in Africa Clean cooking infrastructure
The right ingredients Extending access depends on new infrastructure, with differing requirements across technologies and regions. This chapter maps for the first time ever Africa’s existing clean cooking infrastructure, highlighting gaps and key considerations for expansion.Widening liquefied petroleum gas (LPG) distribution in sub-Saharan Africa requires the buildout of infrastructure. This includes additional primary storage – which is concentrated in oil producing states today – and improved port infrastructure, as 50% of LPG demand in the region is imported. On the distribution side, additional bottling facilities and specialised vehicles for safe transportation are required. With nearly 20 plants operating, cylinder manufacturing…
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Electricity Mid-Year Update 2025 Prices: Trends in wholesale markets differ across regions
Average wholesale electricity prices in the first half of 2025 rose year-on-year in various regions, including Europe, the United States and Japan, amid higher gas prices. By contrast, countries such as India and Australia saw lower wholesale prices compared to the previous year in the face of varying demand and generation trends, among other factors. At the same time, a number of markets continued to observe an increase in the occurrence of negative electricity prices. A detailed discussion of negative electricity prices and their drivers can be found in our Electricity 2025 report. Higher gas prices put upwards…
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Electricity Mid-Year Update 2025 Supply: Renewables grow the most, followed by gas and nuclear
As highlighted in our annual Electricity 2025 report, low-emissions energy sources are reaching new milestones globally in our forecast period. Renewables are poised to surpass coal-fired generation, depending on weather trends and economic developments, either as early as 2025 or in 2026. As a result, coal’s share in total generation is set to drop below 33% for the first time in the last 100 years.Solar PV and wind energy are key drivers of this trend, with their combined share in global electricity generation expected to rise from 15% in 2024 to 17% in 2025 and to above…
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Magdalena Sanocka
CETP Programme Officer.
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Coal 2025 Demand
Global coal demand plateau continues, with demand at 2023 levels in 2030 Global coal demand in 2024 is estimated to have reached 8 805 Mt, an increase of 1.5% on the previous year. Growth was concentrated in Asia, while advanced economies continued their structural decline in consumption. Power sector coal use remained the dominant driver, supported by seasonal factors and hydropower variability, while non-power coal demand held broadly stable. China and India accounted for 71% of global consumption, reinforcing the eastward shift in demand.For 2025, global coal demand is projected to reach 8 845 Mt, setting a new record. The increase…
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- Demand
- Supply
- Trade
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Jobs
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores jobs. Why is energy efficiency important for jobs? Investment in energy efficiency creates jobs in a wide range of occupations and geographic locations. Key facts Around 10 million people work in energy efficiency-related jobs globally, representing nearly 15% of all energy-related jobs. Studies indicate that energy efficiency creates between 4 and 22 jobs per USD 1 million invested, depending on economic structure and energy efficiency measure. By lowering energy spending, energy efficiency also helps foster business growth and competitiveness. Energy efficiency offers a wide array of job opportunities…
