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Ramping up Heat Pumps in Moldova: A Roadmap Financing the transition
This chapter considers the economics of heat pumps versus gas boilers and biomass stoves. It explores the role of grants and subsidies and how these affect the lifetime cost of owning a heat pump compared to other heating technologies. Different policy options are then discussed, including potential avenues for multi-lateral policy support at both national and local levels. As previously mentioned, a main barrier to heat pump adoption is the high upfront cost relative to prevailing heating technologies. Governments can help to lower this hurdle through mechanisms such as upfront subsidies or grants and low-interest loans. Another way…
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Energy Efficiency 2024 How is the dumping of inefficient equipment affecting efficiency progress?
Differing regulatory frameworks open the door to inefficient equipment dumping The efficiency of appliances available for purchase varies substantially across different markets globally. IEA market data shows that between emerging markets alone the differences are very large. For example, the median efficiency of air conditioners in the sub-Saharan Africa region is only 3.1 W/W, while it is 4.7 in Southeast Asia, close to the 5‑6.5 W/W the NZE Scenario foresees by 2030. At the same time, household budgets for the purchase and use of appliances differ strongly due to global wealth and income inequalities. The result…
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Coal Mid-Year Update 2025 Overview
Global coal demand grew by 1.5% in 2024, reaching an all-time high Global coal demand rose by 1.5% in 2024 to reach 8.79 billion tonnes (Bt), a new record. The growth was the slowest annual rate since the Covid-19 crisis in 2020 caused coal demand to decline. The post-Covid economic recovery and high natural gas prices have driven a sharp rise in global coal demand in recent years, but the growth has slowed year-on-year since 2021. Coal demand grew by 7.7% in 2021, 4.4% in 2022 and 2.3% in…
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Energy System Resilience
Lessons learned from Ukraine Ensuring energy security encompasses both long-term and short-term dimensions. The long-term dimension involves securing sufficient infrastructure investment and diverse supply sources. The short-term dimension – resilience – focuses on systems’ ability to cope with events exceeding standard planning conditions. Since Russia’s full-scale invasion in 2022, Ukraine has worked to protect its energy sector and to increase its ability to withstand and rapidly recover from Russia’s attacks on its energy infrastructure. The report explores the lessons that Ukraine has been learning as it works to bolster system resilience and identifies measures that…
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World Energy Outlook 2025 Setting the scene
Context and scenario design All sources of energy increased in 2024 to meet the world’s rising energy needs. Electricity use expanded rapidly across a range of sectors. Deployment of renewable power generation again broke records in 2024, meeting more than 70% of the increase in electricity demand. Consumption of each of the fossil fuels rose. Global energy-related carbon dioxide (CO2) emissions reached another all-time high. The energy sector faces many uncertainties. The global economy is projected to grow at an average rate of 3% in the 2024-2030 period, but changes in the global policy environment and…
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Energy Efficiency in China’s Buildings Sector
Policy opportunities Over the past two decades, China has made significant strides in energy efficiency, with strong reductions in primary energy intensity across the economy and increased energy services. Much of China’s improvement has come from energy efficiency upgrades in industry and overall economic structural shifts. The buildings sector accounts for approximately 20% of its total final energy consumption and its intensity has decreased at a slower rate. There remains significant potential to unlock further energy savings through technical and policy initiatives in buildings.This report outlines opportunities for actions, targets and timelines that could improve energy efficiency in…
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Croatia
Croatia's National Energy Strategy 2009-2020 has three basic objectives: increase security of energy supply, develop competitive energy system and ensure sustainable energy sector development. These objectives are particularly important for the country, as it is heavily dependent on energy imports, resulting in its vulnerability to energy prices fluctuations.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap Executive summary
More than 3 years of war in Ukraine have left their mark on the energy sector. In the power sector, nearly 80% of the thermal generation and about two-thirds of the hydropower capacity have been damaged or destroyed, leading to a power deficit equal to about one-third of peak demand. Hydrogen demand was nearly 1 Mtpa before the war, predominantly for ammonia production, with only about 40 ktpa from refining. However, assets have since been damaged or occupied and demand has plunged by almost 80%. Steel output, which represents a potential new application for hydrogen, has dropped by almost two-thirds…
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Global Energy and Climate Model About the Global Energy and Climate Model
Overview Since 1993, the IEA has provided medium- to long-term energy projections using a continually evolving set of detailed, world-leading modelling tools. First, the World Energy Model (WEM) – a large-scale simulation model designed to replicate how energy markets function – was developed. A decade later, the Energy Technology Perspectives (ETP) model – a technology-rich bottom-up model – was developed for use in parallel to the WEM.Over the past four years, the IEA has worked to develop a new integrated modelling framework: the IEA’s Global Energy and Climate (GEC) Model. This model is now the principal tool…
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China’s Official Energy Finance in Emerging and Developing Economies Case studies
China’s outbound energy engagement spans a wide range of technologies, financing structures and institutional actors. While aggregate trends reveal a system that is becoming more diversified, risk-sensitive and commercially oriented, the specific pathways through which Chinese capital supports energy transitions in EMDE become clearer when examined at the project level.The following case studies illustrate this diversity in practice, from large-scale renewable deployment and grid modernisation to industrial decarbonisation, equity participation in regional infrastructure platforms and upstream resource development. Together, they show how different parts of China’s official financing system interact with local conditions, how technical…
