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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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Overview graphic: key technology trends for EVs
GEVO 2026 - Chapter 8 Electric vehicles (EVs) are increasingly at the centre of innovation in the automotive sector, bringing advances that extend far beyond developments in batteries and power electronics, thanks to several mutually reinforcing factors. Key technology trends are aligning in favour of EVs Battery electric vehicles (BEVs) are mechanically simpler than internal combustion engine vehicles (ICEVs) or hybrids, making them more compatible with digitalisation and automation. The relative simplicity of electric drivetrains enables shorter development cycles for new vehicles, allowing emerging technologies to reach BEVs sooner than vehicles with other powertrains.While the transition from mechanical to software…
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Oil Market Report - April 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 growth for 2025 has been revised down by 300 kb/d since last month’s Report to 730 kb/d, as escalating trade tensions have negatively impacted the economic outlook. Growth is expected to slow further in 2026, to 690 kb/d, but…
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Gas Market Report, Q3-2025 Executive summary
Following a slowdown in 2025, global gas demand growth is forecast to accelerate in 2026 Global natural gas demand returned to structural growth in 2024 and continued to expand in the first half of 2025, albeit at a markedly slower pace. Growth was primarily concentrated in Europe and North America, with adverse weather leading to stronger gas use in the buildings and power sectors. In contrast, gas demand was subdued in Asia, with both China and India recording demand declines in the first half of 2025. Market fundamentals remained tight in the first half of 2025 due to a combination…
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Global Methane Tracker 2026 Addressing methane in the marketplace
Near-zero methane standards from key importers could cut upstream oil and gas emissions by 20% There is increasing interest in many countries in reducing the greenhouse gas (GHG) emissions linked to their fossil fuel imports. For some of the largest oil and gas importers – the European Union, the United Kingdom, Japan, Korea and China – such emissions (15 million tonnes in 2024) far exceed those from domestic oil and gas operations and infrastructure (5 million tonnes in 2024). Upstream methane emissions intensities associated with oil and gas imports differ across countries. According to International Energy Agency (IEA) estimates, average intensities…
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COP28: Tracking the Energy Outcomes
The latest IEA data and analysis on global action to meet the energy goals set at COP28 Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping within reach the Paris Agreement target of limiting global warming to 1.5 °C. For the first time, governments explicitly recognised that to achieve this target, energy-related emissions need to reach net zero by 2050, and they set key goals to help meet this objective – including tripling global renewable energy capacity and doubling global energy efficiency improvements by 2030, and deploying emerging technologies…
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Battery storage is scaling up and taking on a larger system role
Commentary As the result of falling costs and greater flexibility needs, battery storage is playing a growing role in power systems worldwide, acting as a “multi-tool” that can provide a range of critical system services at once. According to the latest data, the deployment of batteries expanded strongly in 2025 and broadened across markets – with rapid growth in countries such as Australia and Saudi Arabia, where storage is increasingly being used to support the integration of rising shares of variable renewables.In regions that have been at the forefront of renewable integration and battery deployment, batteries now play an…
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State of Energy Policy 2026 Climate pledges
The new round of NDCs does not imply stronger annual emissions reductions than the previous 2030 NDCs The past year marked a key milestone in the Paris Agreement’s ratcheting mechanism, under which countries update their climate pledges every five years. As of 27 March 2026, more than 130 countries had submitted new NDCs out of the 194 parties to the Paris Agreement that had previously submitted NDCs under the UNFCCC framework, with the vast majority setting new targets for 2035. In total, these submissions cover close to 75% of today’s energy-related greenhouse gas emissions.Some regions have not…
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Martin Husek
Former Energy Analyst.
