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Renewables and Low-Emissions Fuels
Renewables and Low-Emissions Fuels
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Korea 2025 Executive summary
The energy crises resulting from the global Covid-19 pandemic and the Russian Federation’s invasion of Ukraine propelled carbon neutrality and energy security to the forefront of Korea’s energy policy. Despite robust growth in gross domestic product (GDP), Korea has managed to stabilise and reduce its greenhouse gas (GHG) emissions in recent years following a peak around 2018. Nonetheless, it faces challenges in fully decoupling emissions from economic growth. Notable among these challenges is the continued reliance on coal and the need for further expanding renewable energy technologies.Addressing Korea’s challenges will require sustained policy efforts, domestic…
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Global EV Outlook 2025 Electric vehicle batteries
Trends in battery demand Global battery demand for the energy sector hit the 1 TWh milestone in 2024 Electric cars remain the main driver of battery demand, but demand for trucks nearly doubledBattery demand in the energy sector, for both EV batteries and storage applications, reached the historical milestone of 1 TWh in 2024. Demand for one average week alone in 2024 exceeded the total demand for an entire year just a decade earlier. Demand was largely driven by growth in EV sales, as demand for EV batteries grew to over 950 GWh – 25% more than in 2023. Electric cars remain the…
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Gas Market Lessons from the 2022-2023 Energy Crisis
The 2022-2023 energy crisis tested the resilience of the global gas and LNG markets with the most severe gas supply shock in history. During the crisis, natural gas-importing markets around the world felt the pressures of record-high gas prices, including the scale-back in access to energy, the impediment to economic activity and the extra burden on government budgets. Market responses varied but governments were quick to react as the challenges of security of supply became apparent. Post-crisis, markets must continue to adapt as the effects of the crisis continue to influence security of gas supply…
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Energy Efficiency 2025 Transport
How and where is energy used? Total final consumption in 2024 was over 450 EJ and has grown by around 25 EJ since 2019. Transport accounts for around 30% of global energy demand and have contributed around 10% of the growth in total demand since 2019. Road transport accounts for nearly 90% of total domestic energy demand. The remaining 10% is split between domestic aviation, domestic shipping and rail.In advanced economies, passenger cars dominate road transport demand, accounting for around 65% of the transport energy use. Trucks make up most of the remainder. Buses play a minor role in energy demand…
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Powering Ireland’s Energy Future Executive summary
Ireland faces strategic choices to align its energy, climate and socio-economic goals through 2035 Over the next decade, decision makers in Ireland will need to balance a range of trends and policy ambitions that have strong implications for the power sector. Ireland has set a range of policy goals spanning the next decade, from improving energy security by reducing its reliance on imported fossil fuels, to meeting its climate targets, expanding its housing stock, and supporting the growth of digital infrastructure such as data centres. These ambitions all have strong links to the country's power sector, with implications…
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Fatih Birol
Executive Director. As Executive Director of the International Energy Agency, Dr Fatih Birol (@fbirol) has positioned the IEA at the forefront of global efforts to advance a secure, affordable and sustainable energy system. Since taking office in 2015, he has modernised the Agency by broadening its energy security mandate beyond oil to include electricity, natural gas, renewables and critical minerals, strengthened the Agency's global leadership in clean energy transitions and expanded IEA membership to include major emerging countries. As a result, the IEA’s share of global energy demand coverage has increased from 40% to over 80%. He has also played a central role in the global response to major energy security emergencies, including those triggered by the invasion of Ukraine in 2022 and the 2026 Strait of Hormuz crisis.Dr Birol joined the IEA in 1995 and steadily rose through the ranks from junior analyst to Chief Economist, where he oversaw the flagship World Energy Outlook. Throug...
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World Energy Outlook 2025
The IEA’s flagship World Energy Outlook (WEO) is the most authoritative source of global energy analysis and projections. Updated annually to reflect the latest energy data, technology and market trends, and government policies, it explores a range of possible energy futures and their implications for energy security, access and emissions. The WEO covers the whole energy system, using a scenario-based approach to highlight the central choices, consequences and contingencies that lie ahead. It includes exploratory scenarios that flow from different assumptions about existing policies, as well as normative pathways that achieve energy and emissions goals in full. The multi…
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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…
