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Electricity 2026 Prices
Affordability and competitiveness take centre stage Average wholesale electricity prices in 2025 rose year-on-year in multiple regions and countries, including Europe and the United States, while others such as India and Australia saw lower prices compared to 2024. Looking at electricity prices for energy-intensive industries, significant variations across regions remain. EU electricity prices for energy‑intensive industries stayed elevated in 2025, again averaging over twice US levels and nearly 50% above those in China, similar to 2024, adding competitive pressure.At the same time, negative wholesale electricity prices became more common across many markets. Exceptions include the Nordic region…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Oil Market Report - October 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 rose by 750 kb/d y-o-y in 3Q25, as petrochemical feedstocks led a rebound from 2Q25’s tariff-afflicted 420 kb/d pace. Still, oil use will remain subdued over the remainder of 2025 and in 2026, resulting in annual gains…
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Tanguy De Bienassis
Investment and Finance Analyst.
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Global Hydrogen Review 2026 Africa
Hydrogen use in Africa reached 3.1 Mt in 2024, about 3% of the global total. Hydrogen production accounted for about 6% of the region’s gas demand and 2% of regional CO2 emissions. Hydrogen use is concentrated in 6 countries (out of 54), with Egypt representing nearly half, followed by Algeria (20%), Nigeria (17%), South Africa (5%), Libya (5%) and Equatorial Guinea (3%). Ammonia production accounted for nearly three-quarters of hydrogen demand.Today, only 6 kt of low-emissions hydrogen are produced in Africa, exclusively from renewables. The hydrogen project pipeline to 2030 has 31 projects, which could allow increasing…
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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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Vehicle-to-grid technology
GEVO 2026 - Chapter 8 With the rollout of smart and bidirectional charging, EV owners can reduce charging costs and, in some cases, generate revenue by participating in grid services, such as frequency regulation. Load shifting and vehicle‑to‑grid (V2G) capabilities provide substantial electricity system benefits, helping reduce peak demand and potentially limiting the need for future grid investment – benefits for which EV owners can be compensated. Vehicle-to-grid charging holds the promise of alleviating grid constraints but barriers remain The rollout of EVs is a major driver of global electricity demand growth. Residential EV charging can draw more power than…
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What Next for the Global Car Industry Policy and strategic actions
Highlights As global electric car markets grow, countries that are home to car manufacturing operations are faced with the challenging task of ensuring that the industry retains its domestic footprint and international revenues, or even expands downstream to become a larger supplier of final products that add more value to the economy. Among other factors, uncertainty about the pace of electrification and the cost gap with Chinese production mean most countries face tough choices as they pursue near- and long-term strategies to boost industrial competitiveness.Where the car industry aims at pursuing electrification strategies, there are public and private…
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Financing Electricity Access in Africa State of play
Understanding electricity access financing As of 2024, around 600 million people in sub-Saharan Africa (47% of the population) did not have access to electricity. With electrification barely keeping up with population growth rates, progress remains far off the pace envisaged both by African governments and international organisations. Reaching universal access requires a cost-effective, multi-technology approach, with grid extension, mini-grids and stand-alone systems all playing a role to ensure affordable service provision to unelectrified communities. Notably, financing has been one of the primary impediments to growth.For the first time, the IEA has tracked electricity access financing commitments…
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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…
