-
Financing CCUS at Scale Executive summary
The current wave of investment in carbon capture, utilisation and storage (CCUS) is larger and more geographically diverse than ever before. Momentum in private capital flowing into projects is reflected in the more than 30 final investment decisions (FIDs) that have been reached in the past 2 years alone, particularly in Europe and North America, and in key sectors including transport and storage, industry, and power. Investment has grown more than 15-fold since 2020, reaching over USD 5 billion in 2025. The pipeline of projects currently under construction suggests that after years of incremental capacity additions, operational capture capacity is set…
-
Germany 2025
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions and combatting the climate crisis. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Germany and the IEA. It draws…
-
Financing the ASEAN Power Grid
The Association of Southeast Asian Nations (ASEAN) has a long history of electricity system connectivity, and the development of the ASEAN Power Grid (APG) is central to achieving a sustainable, secure and affordable energy transition across the region. Delivering the APG will require a significant step‑change in investment over the coming 15 years, and unlocking financing from a diverse range of sources will be essential for this to happen. Yet financing approaches and business models have not evolved at the pace required to support an increasingly ambitious and complex pipeline of interconnector projects.This report examines how interconnectors are approached…
-
Multiple Benefits of Energy Efficiency for Business
Energy efficiency is often described as the “first fuel” because the cheapest and most secure energy is the energy that is not used. For businesses, this begins with a straightforward benefit: lower energy bills. In many cases, efficiency investments can pay back quickly through reduced energy costs alone. However, the value of energy efficiency extends beyond energy savings.This report builds on the IEA’s work on the multiple benefits of energy efficiency and focusses on how these gains materialise in businesses. Key benefits range from productivity and product quality improvements to brand image or health benefits for employees and…
-
Tracking SDG7: The Energy Progress Report, 2025
Tracking SDG7: The Energy Progress Report, 2025 Since its inception in 2018, Tracking SDG 7: The Energy Progress Report has become the global reference for information on progress toward the achievement of Sustainable Development Goal 7 (SDG 7) of the UN 2030 Agenda for Sustainable Development. The aim of SDG 7 is to “ensure access to affordable, reliable, sustainable, and modern energy for all.” This report therefore summarizes global progress on electricity access, clean cooking, renewable energy, energy efficiency, and international cooperation to advance SDG 7. It presents updated statistics for each of the indicators and provides policy insights on…
-
Pledges to Progress 2025 Executive summary
At COP28, more than 50 of the world’s leading oil and gas companies launched the Oil and Gas Decarbonization Charter (OGDC), laying out a series of ambitions to achieve net zero operational emissions by 2050. As global methane and flaring emissions continue to rise, these ambitions are more important than ever to reduce energy waste and mitigate the harmful consequences of climate change.To support accountability and transparency, the International Energy Agency (IEA), the United Nations Environment Programme (UNEP) International Methane Emissions Observatory (IMEO) and the Environmental Defense Fund (EDF) set out a framework of 25 metrics to assess and track…
-
Global Hydrogen Review 2025
Global Hydrogen Review 2025 The Global Hydrogen Review is an annual publication by the International Energy Agency that tracks hydrogen production and demand worldwide, shedding light on the latest developments on policy, infrastructure, trade, investments and innovation. The report is an output of the Clean Energy Ministerial Hydrogen Initiative and is intended to provide an update to energy sector stakeholders on the status and future prospects of hydrogen, and to inform discussions at the Hydrogen Energy Ministerial Meeting organised by Japan.The sector has progressed significantly since the first publication of the Global Hydrogen Review in 2021. Low-emissions hydrogen…
-
Global Critical Minerals Outlook 2025 Broader view on energy-related strategic minerals: What risks to anticipate?
Many energy-related minerals are used across multiple sectors, including digital technologies, aerospace and high-performance materials While critical minerals are often associated with electrification, renewables and battery storage, their significance extends well beyond energy, underpinning a broad array of industrial and technological applications. From AI and robotics to high-performance materials and aerospace, these minerals’ contribution to industrial and technological development is increasing, with broad economic implications. The range of strategic materials with significant implications for the energy sector should not be underestimated. Superalloys – which require a diverse array of input metals – illustrate this: approximately two-thirds of global…
-
Grid investments
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores grid investments. Why is energy efficiency important for grid investments? As we enter the Age of Electricity, global electricity demand is rising rapidly – and so is the demand for the expansion of electricity grids. Energy efficiency can help close the gap between supply and demand, but often at a lower cost, and more quickly, than new generation and grid expansion. Key facts On average, energy efficiency costs less than half the amount it would cost to build new generation capacity and grid infrastructure, per unit of…
-
Global Methane Tracker 2025 Accelerating industry action
Current oil and gas industry initiatives on methane A growing number of oil and gas companies have set methane targets, joining initiatives such as the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the Oil and Gas Climate Initiative (OGCI), the Oil and Gas Decarbonization Charter (OGDC), and the Methane Guiding Principles. OGMP 2.0 is the flagship oil and gas reporting and mitigation initiative of the United Nations Environment Programme (UNEP). Since 2023, around 20 new companies joined OGMP 2.0, bringing coverage to just over 40% of global oil and gas production.OGCI’s Aiming for Zero…
