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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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              Fuel report — 20 March 2026

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              World Energy Outlook 2025

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              Flagship report — 12 November 2025

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                • Flagship report

                • Jun 2025

                World Energy Investment 2025 AfricaAfrica

                …most of the region’s population, receives less energy investment and has limited access to reliable electricity. New connection rates have steadily increased since 2000 but remain well below the universal access target set for 2030, with 600 million people still lacking electricity access and more than 1 billion people without clean cooking. Over the past decade roughly half of energy investment in Africa has been in oil and gas, primarily made by private companies with a view to export. Meanwhile, spending on clean energy remained relatively flat at less than USD 30 billion per year until 2021. Since then…

                • Executive summaryExecutive summary
                • Source, flows and destination of global energy-related investment spendingSource, flows and destination of global energy-related investment spending
                • How we track investment in energyHow we track investment in energy
                • United StatesUnited States
                • + 9 pages

                World Energy Investment 2025 Pexels Pixabay 531360
                • Report

                • Nov 2025

                Global Energy and Climate Model Announced Pledges Scenario (APS)Announced Pledges Scenario (APS)

                The 2025 edition of the World Energy Outlook (WEO) does not include the Announced Pledges Scenario. Our assessment of the new round of NDCs due this year, generally the period to 2035, will follow once there is a more complete picture of these pledges.The Announced Pledges Scenario (APS), introduced in 2021, illustrates the extent to which announced ambitions and targets can deliver the emissions reductions needed to achieve net zero emissions by 2050. In the WEO-2024, the APS includes all recent major national announcements as of the end of August 2024, both 2030 targets and longer-term net zero…

                • Understanding GEC Model scenariosUnderstanding GEC Model scenarios
                • Current Policies Scenario (CPS)Current Policies Scenario (CPS)
                • Stated Policies Scenario (STEPS)Stated Policies Scenario (STEPS)
                • Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)
                • + 6 pages

                Gettyimages 162334856 Ext
                • Fuel report

                • Feb 2026

                Electricity 2026 EmissionsEmissions

                …flat, after increasing 1.5% and 1.4% in in the previous two years, respectively. Even with strong gains in electricity demand, growth in power sector emissions is showing marked signs of slowing down as fossil-fired generation is constrained by the rapid deployment of renewables and rising nuclear power generation. As this trend continues, we forecast global emissions from power generation to plateau over our 2026-2030 outlook period due to significant increases in clean energy sources, despite electricity demand growth of an average 3.6% annually – a sharp acceleration from the 2.8% pace of the past decade…

                • Executive summaryExecutive summary
                • DemandDemand
                • SupplySupply
                • GridsGrids
                • + 4 pages

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                • Fuel report

                • May 2025

                Global Methane Tracker 2025 Regional insightsRegional insights

                …with large parts of its oil and gas production in offshore or cloud-covered regions, where satellites struggle to make regular observations. UNEP’s IMEO is currently conducting a study on the sources of methane emissions in Colombia and the CCAC is supporting efforts to strengthen monitoring, reporting and verification in its mining sector. Apart from Venezuela, all major producers in the region have signed the Global Methane Pledge. Yet Colombia is the only country with an explicit strategy for reducing methane emissions and regulations in place to limit methane emissions from oil and gas operations (including restrictions on flaring…

                • Key findingsKey findings
                • Understanding methane emissionsUnderstanding methane emissions
                • PoliciesPolicies
                • Accelerating industry actionAccelerating industry action
                • + 2 pages

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                • Country

                Poland

                Poland’s energy system has seen progress on energy transition, despite its reliance on domestic hard coal and lignite. For example, Poland has one of the fastest growing solar PV markets in the European Union and has also seen a strong uptake of heat pumps. Poland is pushing to become a major player in offshore wind, aiming for at least 3.4 GW of capacity by 2030. However, stronger efforts are needed across all sectors to accelerate energy transition and Poland would benefit from greater electricity interconnections with the rest of Europe.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Poland Flag
                • Energy system

                Solar PV

                …is added annually through the end of this decade. Even so, low costs, faster permitting and broad social acceptance are set to continue to drive the accelerating adoption of solar PV. As a result, capacity is set to more than double between 2025 and 2030 compared with the 2019 to 2024 period.
                A growing share of variable renewable sources such as solar also comes with challenges. Curtailment levels and instances of negative electricity prices have been increasing in many markets. A rapid increase in power system flexibility and grid investment is necessary to integrate future growth securely and cost-effectively.

                Solar PV
                • Contributor

                Kristine Petrosyan

                Former Senior Oil Market Analyst.

                • Country

                Madagascar

                Around a quarter of the population of Madagascar has access to electricity, and only 1.5% has access to clean cooking facilities. In 2019, Madagascar’s energy mix was dominated by biofuels and wastes (85%), with oil products (11%), coal and hydro accounting for the rest of the total energy supply. In 2020, less than 5% of the population had access to clean cooking and 27% had access to electricity. The Government of Madagascar has set a target of reaching 70% electricity access rate by 2030.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Madagascar Flag
                • Fuel report

                • Oct 2025

                Renewables 2025 Renewable electricityRenewable electricity

                …and India. Offshore wind capacity expansion is expected to reach 140 GW over the forecast period, more than doubling the growth of the previous five-year period. The annual offshore wind market expands from 9.2 GW in 2024 to over 37 GW by 2030, with China accounting for almost 50% of this increase. In Europe, the annual market is expected to approach 14.6 GW by 2030. Policy changes in the United States, macroeconomic pressures and supply chain challenges have raised costs and undermined project bankability in several European markets and Japan, resulting in undersubscribed auctions and project cancellations. As a result, we…

                • Executive summaryExecutive summary
                • Renewable electricityRenewable electricity
                • Renewable transportRenewable transport
                • Renewable heatRenewable heat
                • + 1 pages

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                • Country

                Norway

                …establishing a low-emissions society by 2050. As an energy-rich country, Norway is in a unique starting position with respect to the energy transition. An abundance of affordable hydropower has enabled the development of energy-intensive industries and a high level of electrification of homes and businesses with limited greenhouse gas emissions. At the same time, as a major oil and gas producer and exporter, Norway will need to support an evolution of its energy sector amid the global energy transition. Altogether, Norway has the opportunity to lead the world in new technologies for decarbonising hard-to-abate sectors.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

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