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Russia's War on Ukraine
The new energy world The global energy landscape has changed dramatically The energy sector continues to feel the effects of Russia’s invasion of Ukraine, which in February 2022 sparked the first truly global energy crisis. Two years on, energy prices have pulled back from record highs, but trends vary widely among regions. In many parts of the world, prices are still elevated – holding back economic growth, straining the finances of households and businesses, and complicating efforts to improve access to electricity. Energy markets, faced with an unusually high degree of geopolitical uncertainty, remain on edge.In Ukraine, the energy sector…
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Delivering on the EU’s electrification ambitions
EU paper The EU has ambitious goals for electrification Electrification is a key pillar of the EU’s energy security, industrial competitiveness, and climate strategy. Today, imported fuels account for around 60% of the EU’s total energy demand and cost the bloc EUR 380 billion in 2024. The risks associated with the EU’s reliance on fuel imports have been highlighted by recent market disruptions linked to the near-closure of the Strait of Hormuz amid the conflict in the Middle East, bringing renewed attention to the EU’s target of increasing electrification from 24% today to 32% of…
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World Energy Outlook 2022 Outlook for solid fuels
Recent developments have dealt a blow to the idea that global coal demand might soon subside. The drop in coal demand in 2020 was more than offset by a strong rebound in 2021, taking it very close to its all-time high. In advanced economies, where coal use had been declining, demand increased by nearly 10%. In emerging market and developing economies, which account for just over 80% of global coal use today, demand rose by 5%.Coal production in 2021 struggled to keep pace with one of the largest ever annual increases in demand. Markets have been further upended…
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Energy Efficiency 2024 What is required to scale up energy efficiency investments by 2030?
Governments should develop comprehensive investment strategies tailored to their unique circumstances In the NZE Scenario, investment in end uses such as more efficient buildings, transportation and industry triples from around USD 650 billion per year today to about USD 1.9 trillion per year by 2030. The IEA highlights in its Taking Stock to Taking Action report how a comprehensive approach to energy efficiency action is the most effective way to accelerate progress, with an array of available diverse measures tailored to each country’s specific circumstances. In emerging economies, where many people are getting access to new modern accommodation and appliances for…
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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…
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Vehicle software and software-defined vehicles
GEVO 2026 - Chapter 8 The transition from mechanical to software-based vehicle control has been underway for decades and has accelerated dramatically with the rise of EVs. Pure-play EV makers have pioneered the shift towards high-level, continuously updateable software-based vehicle control, speeding up the development and rollout of new features. Vehicles are evolving into software platforms for which users can access subscription‑based premium features, in the same way as for smartphones. A new design paradigm is emerging, with EVs at the forefront The digital transformation of the car industry is most evident in the emergence of software…
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Renewables 2022 Renewable electricity
Forecast summary The global energy crisis is pushing the accelerator on renewable energy expansion Global renewable capacity is expected to increase by almost 2 400 GW (almost 75%) between 2022 and 2027 in the IEA main-case forecast, equal to the entire installed power capacity of the People’s Republic of China (hereafter “China”). Renewables growth is propelled by more ambitious expansion policies in key markets, partly in response to the current energy crisis. This 85% acceleration on the last five years’ expansion rate results primarily from two factors. First, high fossil fuel and electricity prices resulting from the global energy…
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World Energy Outlook 2025 Achieving access for all
A roadmap for universal energy access Today around 2 billion people lack access to clean cooking and some 730 million remain without electricity – deficits which have far-reaching implications for health, economic opportunity and global development. Since 2010, 1.5 billion people have gained access to clean cooking and 1 billion to electricity, demonstrating that rapid progress is possible. Our new Accelerating Clean Cooking and Electricity Services Scenario (ACCESS) outlines a country-by-country pathway to universal access that draws on lessons about what has worked best in recent years. Universal clean cooking access is achieved in the ACCESS around 2040. Over 60…
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Renewables 2025 Biogases
Policy attention to biogas and biomethane has increased significantly in the past five years Since 2020, more than 50 new policies have been introduced around the world, as more countries recognise the potential role of biogas and biomethane in the transition to sustainable energy systems. Several key factors are driving this surge. First is the growing importance of energy security following the energy crisis triggered by Russia’s invasion of Ukraine and recent geopolitical developments. Second is the need to accelerate decarbonisation in hard-to-abate sectors, together with growing emphasis on methane emissions reductions. Third, countries are paying more…
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Nopparat Phrom-in
Manager at Thailand Greenhouse Gas Management Organization.
