-
Global Energy Review 2025 Coal
Global coal demand growth slows Global coal demand grew by 1.2% in 2024 in energy terms, rising by around 67 million tonnes of coal equivalent (Mtce) (or in physical terms by 1.4% or 123 million tonnes). The growth rate has been declining since the strong rebound in 2021 following the end of Covid-19 lockdowns in many countries.The electricity sector continues to drive coal demand, accounting for two-thirds of global consumption. In 2024, global coal power generation grew by nearly 1% to 10 700 TWh, a new high. A key driver was record temperatures, which pushed up electricity demand for…
- Key findings
- Global trends
- Oil
- Natural gas
-
+ 3 pages
-
Energy Efficiency Policy Toolkit Clean Efficient Cooking
Clean Efficient Cooking
-
Gas Market Report, Q2-2026 Executive summary
…imports rose to an all-time high over the 2025/26 winter, solidifying LNG’s position as a structural source of baseload supply in the region amid lower piped gas imports and declining domestic output. The 2025/26 heating season witnessed several cold spells, which resulted in near-record-breaking demand spikes across key markets in the northern hemisphere. This includes Winter Storm Fern in the United States, Storm Goretti in Europe and the East Asia cold wave in China. These events highlight the critical importance of gas supply flexibility for energy security, including in markets that are increasingly re...
-
Renewables in District Energy Regional trends in district heating
Regional trends in district heating
-
Gas Market Report, Q3-2025 Executive summary
Following a slowdown in 2025, global gas demand growth is forecast to accelerate in 2026 Global natural gas demand returned to structural growth in 2024 and continued to expand in the first half of 2025, albeit at a markedly slower pace. Growth was primarily concentrated in Europe and North America, with adverse weather leading to stronger gas use in the buildings and power sectors. In contrast, gas demand was subdued in Asia, with both China and India recording demand declines in the first half of 2025. Market fundamentals remained tight in the first half of 2025 due to a combination…
-
An Energy Sector Roadmap to Net Zero Emissions in Colombia Executive summary
…needs at 40%; electricity feeds 40% of energy demand from buildings. Overall, electricity accounted for 18% of Colombia’s final consumption in 2024. Hydropower represented around two-thirds of the country’s electricity generation over the past decade, although the annual share fluctuated by as much as 10 percentage points as weather patterns caused by El Niño and La Niña cycles affect rainfall and temperature, impacting reservoir levels. Greenhouse gas emissions have grown; Colombia has pledged to achieve net zero emissions Economic and population growth have resulted in Colombia’s total energy demand almost doubling between 2000 and 2024. As three-quarters…
-
World Energy Investment 2025 Africa
…energy projects in Africa has fallen by approximately one-third in the last ten years, reaching USD 20 billion in 2024, largely due to a reduction of more than 85% in spending by Chinese DFIs. While representing a small share of overall spending, the public sector and DFIs are particularly important for projects in nascent markets, using new technologies or in commercially unviable areas where it can be challenging for private sector investment relying on concessional funds to ensure profitability. Against this backdrop, private equity and venture capital play a key role in financing early-stage businesses, especially in energy…
-
Global Methane Tracker 2026 Strategies to speed action
Making a business case for methane abatement Tackling methane emissions from fossil-fuel operations is one of the quickest and cheapest ways to curb global greenhouse gas emissions. Most of the methane abatement measures available today in the oil and gas sector would be cost-effective at a carbon price of about USD 20 per tonne of carbon dioxide equivalent (tCO2‑eq). Methane abatement has not caught on as widely as it could, for several reasons. Companies may underestimate of the scale of the problem or be unaware of the available solutions. Capital is often steered toward higher-profile projects, while corporate…
-
Gas 2025 Executive summary
The coming LNG wave is set to profoundly transform the global gas market Following the supply shock of 2022/23, natural gas markets moved towards a gradual rebalancing in 2024 and 2025. During this period, supply fundamentals remained tight and prices stayed well above their historic levels. This limited demand growth, especially in price-sensitive Asian markets.Around 300 billion cubic metres per year of new liquefied natural gas (LNG) export capacity is expected to be added worldwide by 2030, primarily supported by liquefaction capacity expansions in the United States and Qatar. This wave of new LNG production capacity is…
-
Stepping Up the Value Chain in Africa Executive summary
…graphite, and rare earth elements – the combined market value of which exceeded USD 230 billion in 2024. Nascent markets for low-emissions materials and chemicals like steel, aluminium and ammonia could see steep growth rates in the future, depending on how quickly related technologies and supply chains develop over the coming years.The economic rewards associated with these supply chains are – as yet – distributed very unevenly between countries. Africa as a whole currently captures less than 1% of the value generated from the manufacturing of clean energy technologies and their components. This is despite supplying large shares of the global demand for…
