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Southeast Asia Energy Outlook 2026 Executive summary
Southeast Asia is a very dynamic region that is set to be a major driver of global energy demand growth, but the Middle East conflict has provided a stark wake-up call for the region’s energy system. Southeast Asia accounts for 9% of the world’s population and 4% of its GDP, but nearly 20% of global energy demand growth to 2035 under today’s policy settings. The disruption in global fuel markets has exposed deep structural vulnerabilities linked to import dependence, limited diversification and concentrated supply routes. Before the crisis, around 60% of Southeast Asia’s imports of…
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Oil Market Report - January 2026
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 is forecast to average 930 kb/d in 2026, up from 850 kb/d in 2025, reflecting a normalisation of economic conditions after last year’s tariff turmoil and lower oil prices than a year ago. A recovery in petrochemical feedstocks demand…
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Sweden
Sweden is a global leader in decarbonisation and has targets to cut greenhouse gas emissions 59% by 2030 compared with 2005, and to have a net-zero carbon economy by 2045. Sweden was the first country to introduce carbon pricing and has the highest carbon price in the world, which has proven effective at driving decarbonisation. Most of Sweden’s electricity supply comes from hydro and nuclear, along with a growing contribution from wind. Heating is supplied mainly through bioenergy-based district heating and heat pumps.
Most of Sweden’s greenhouse gas emissions come from the transport sector, which remains…- Overview
- Energy mix
- Emissions
- Electricity
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Integrating Solar and Wind in Southeast Asia Executive summary
Southeast Asia stands at a pivotal moment to leverage abundant renewable resources and meet growing demand Electricity demand in Southeast Asia is rising at one of the fastest rates globally, highlighting the importance for all countries to diversify their energy sources. Driven by rapid urbanisation, population growth, industrialisation and rising living standards, demand growth exceeded 7% in 2024 - nearly double the global average. While the Association of South East Asian Nations (ASEAN) member states are becoming increasingly reliant on imported coal and gas for power generation, the recent global energy crisis underscored the risks that this dependence poses through fuel…
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World Energy Investment 2025 Middle East
The Middle East is rich in a wide range of energy resources, which it is looking to develop with a mix of foreign and domestic sources of investment The Middle East holds some of the lowest-cost oil and gas resources in the world, and in 2024 provided around 30% of global oil production and 17% of global natural gas production. Saudi Arabia’s upstream oil and gas investment is the highest in the region, and is set to reach about USD 40 billion in 2025, nearly 15% higher than in 2015. Overall, the Middle East is set to invest about USD 130 billion…
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Energy security
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores energy security. Why is energy efficiency important for energy security? Energy efficiency can help mitigate energy security risks by reducing the reliance on fossil fuel imports, improving grid reliability, and acting as a buffer to supply shocks. Key facts Efficiency gains from the last two decades avoided the need for 20% more fossil fuel imports in IEA countries. Energy efficiency and demand response can support grid reliability by reducing peak demand. For instance, more efficient air conditioners in India could lower the impact of heatwaves on…
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Japan
Japan’s energy policy is guided by principles of energy security, economic efficiency, environmental sustainability and safety. Achieving the aim of carbon-neutrality by 2050 will require substantially accelerating the deployment of low-carbon technologies by 2030, to address regulatory and institutional barriers and further enhance competition in energy markets. It will also be important to develop different decarbonisation scenarios and to prepare for the possibility that certain low-carbon technologies, such as nuclear, might not expand as quickly as hoped. Stronger reliance on market-based instruments, such as carbon pricing, could be one policy option for Japan to cost…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Powering Ireland’s Energy Future
Approaches for a secure, renewables-led electricity system to 2035 Ireland has emerged as a frontrunner in integrating wind power, which supplied around a third of its electricity in 2024. As this power system transformation continues, electricity is set to be the backbone for achieving Ireland’s climate, energy and socio-economic ambitions, making electricity security critical to realising progress in key areas including housing, digital infrastructure, transport and heat. Going forward, Ireland faces strategic choices on how to align its ambitions while ensuring secure electricity supply to 2035.This report assesses the outlook for Ireland’s energy security to…
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The Implications of Oil and Gas Field Decline Rates
Much attention today focuses on uncertainties affecting the future evolution of oil and natural gas demand, with less consideration given to how the supply picture could develop. However, understanding decline rates – the annual rate at which production declines from existing oil and gas fields – is crucial for assessing the outlook for oil and gas supply and, by extension, for market balances.The International Energy Agency (IEA) has long examined this issue, and a detailed understanding of decline rates is at the heart of IEA modelling and analysis, underpinning the insights provided by the scenarios in the World Energy Outlook.This new…
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Road
More stringent and broader coverage of fuel efficiency standards for light-duty vehicles is needed
For cars and vans, increasing fuel efficiency standards is important as even in the Net Zero Emissions by 2050 Scenario, nearly 80% of cars and vans on the road in 2030 are still powered with internal combustion engines. Sales of heavier, less efficient SUVs reached around 46% of global sales in 2022, while electric vehicles were just 14% of sales. More and more countries are formulating vehicle efficiency standards and some are even putting in place zero-emission vehicle sales requirements. To be in line…
