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What Next for the Global Car Industry Pathways to global EV cost-competitiveness
…supplies of critical minerals and battery components. Energy costs have only a small impact – between 1% and 4% depending on the region and powertrain -- on the direct cost of car manufacturing including parts and assembly. However, they can be twice as high for battery electric as for conventional cars in countries with above-average energy prices. In upstream industries like steel production, energy accounts for 25% of costs, on average. The differences in purchase prices for battery electric and conventional cars in different regions are larger than the differences in direct manufacturing costs between regions, partly due to manufacturers’ pricing…
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Wired for water: How electrification is transforming desalination
Wired for water: how electrification is transforming desalination The water-energy nexus Pressure on water resources is increasing worldwide and can be very acute at the local level. Rising consumption across sectors combined with population growth in already water-stressed regions is intensifying water scarcity. Desalination has long been developed to supply fresh water in the most affected areas, with significant implications for the energy system: energy use ranges from under 0.1% to as much as 15% of total final consumption, depending on national reliance. However, a shift is underway from thermal desalination technologies to electricity-driven systems as…
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World Energy Outlook 2025 Implications of CPS and STEPS
Between continuity and change By 2035, energy demand in the Current Policies Scenario (CPS) is around 35 exajoules (EJ) higher than in the Stated Policies Scenario (STEPS), a difference roughly equivalent to the current annual energy demand of the Middle East. All the extra energy required in the CPS compared to the STEPS comes from oil, natural gas and coal. In the absence of renewed geopolitical disruptions, markets for oil and natural gas appear well supplied in the coming years. But production from existing oil fields declines at a rate of 8% per year, if no investment is made, so it…
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Luxembourg
Luxembourg has a fossil fuel intensive energy mix driven by a high demand for transportation fuels, notably from transiting freight trucks and commuters. Despite this demand, the country is committed to reducing emissions. Its climate law sets targets for a 55% emission reduction by 2030 and climate neutrality target by 2050. The government has adopted numerous measures to push for energy transition, including a carbon tax which was introduced in 2020 and encouraging renewable generation through subsidies and auctions. Several programmes also support energy efficiency in buildings, industry and transportation, with a target for 49% of all passenger cars to…
- Overview
- Energy mix
- Emissions
- Electricity
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Energy Management for Industry Executive summary
Energy management programmes help achieve efficiency targets and meet policy objectives Recent global upheavals and uncertainties are putting increasing pressure on businesses around the world. This is prompting governments to look more and more to energy efficiency to promote industrial competitiveness, increase resilience of businesses, protect jobs, reduce strain on grids, and enhance energy security. Providing government-led energy management programmes or policy packages for industry is one of the quickest and most cost-effective ways of ensuring fast and continual energy efficiency implementation. By encouraging and supporting companies to adopt energy management, governments can help ensure energy demand reductions…
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Tanzania
Electricity access in Tanzania increased from around 13% in 2008 to 32% in 2017. The government is supporting the private sector to develop its electricity market, enhancing the role of renewable energy in the energy mix and increasing rural electricity access.
- Overview
- Energy mix
- Emissions
- Electricity
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Financing Electricity Access in Africa
Access to electricity is a cornerstone for economic development, poverty reduction and social equity. However, almost 600 million people in Africa lack access to electricity today, with progress falling far behind targets set by both African governments and the international community. Reaching universal electricity access will require a rapid scale-up of investment and financing to USD 15 billion per year, enabling the expansion of generation capacity, grid networks and decentralised solutions while ensuring that progress remains inclusive and sustainable.In a new flagship report, Financing Electricity Access in Africa, the International Energy Agency (IEA) undertakes its authoritative energy analysis…
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Singapore
Singapore is the region’s second-largest gas importer. The country is expanding its existing LNG importing facility and is seeking to become a major LNG trading hub. Singapore’s relatively small import needs raise questions about how quickly the hub would reach sufficient liquidity to operate efficiently, but it is nonetheless well placed to bring Asian LNG buyers and sellers together and has taken a major step forward with the creation of an LNG price index: the “SLiNG”.
Singapore has made important moves towards liberalising its gas market, providing the basis for more competitive price setting. These moves include…- Overview
- Energy mix
- Emissions
- Electricity
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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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World Energy Investment 2025 China
Record-breaking renewables investment in China continues, advancing in tandem with the expansion of grid and storage for renewables while keeping coal in the mix In the ten years since the signing of the Paris Agreement and five years since the announcement of the dual carbon goals, China has seen a precipitous rise in clean energy investment, particularly in renewables. In 2024 China’s clean energy investment was more than USD 625 billion, almost doubling since 2015. China also achieved its 2030 wind and solar capacity target in 2024, six years ahead of schedule. While renewable installations are set to continue, investment…
