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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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                • Topic

                Energy and Water

                …and canals; and treat water and deliver it to users.This interdependence is set to intensify in the coming years. Each resource faces rising demand and growing constraints in many regions because of economic and population growth, as well as climate change. This has significant implications for ensuring both energy and water security. Energy's water problem Energy demand for water desalination is poised to double to 2030 Almost all of the world’s water demand is met by groundwater and surface water. However, water stress has led to an increase in the use of non-traditional resources, such as…

                • Fuel report

                • Sep 2025

                Global Hydrogen Review 2025 Production highlightsProduction highlights

                Highlights Hydrogen production reached almost 100 Mt in 2024, but less than 1% was based on low-emissions hydrogen technologies. Based on announced projects, low-emissions hydrogen could reach 37 Mtpa by 2030, a reduction from the 49 Mtpa estimated in the Global Hydrogen Review 2024 (GHR-24).More projects are reaching final investment decision (FID), although the total production capacity reaching this stage in 2024 remained at the same level as in 2023. Persisting technical and regulatory barriers, financial obstacles and challenges in securing reliable offtake, in particular, continue to delay and occasionally completely stall project progress.Despite announced delays and cancellations…

                • Executive summaryExecutive summary
                • Progress summary dashboardProgress summary dashboard
                • Five key questions about hydrogenFive key questions about hydrogen
                • DemandDemand
                • + 6 pages

                Abstract, colorful blue and green background, oil on water surface. Oil drops in water abstract psychedelic, abstract image.
                • Report

                • Nov 2025

                Global Energy and Climate Model Announced Pledges Scenario (APS)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 or carbon neutrality pledges, regardless of whether these announcements have been anchored in legislation or in updated Nationally Determined Contributions. In the APS, countries implement their national targets in full and on time. The outlook for exporters of fossil fuels and low-emissions fuels, such as hydrogen, is shaped…

                • 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
                • 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
                • Fuel report

                • Jul 2025

                Coal Mid-Year Update 2025 SupplySupply

                Regardless of mixed regional trends in 2024, coal supply reached an unprecedented level Global coal production reached a record 9.15 Bt in 2024, driven primarily by strong output in China, India and Indonesia. Domestic coal is the largest source of energy supply in both China and India making coal production central to their energy security strategies. After shortages in 2021, both countries boosted production, a push that lasted a few years to reach an all-time high in 2024. China remained the largest producer, maintaining output at 4 666 Mt. Although Shanxi, traditionally the largest coal producing province, reduced production by…

                • OverviewOverview
                • DemandDemand
                • SupplySupply
                • TradeTrade
                • + 1 pages

                Shutterstock 2575296765 Coal Mid Year Update 2025
                • Country report

                • Jun 2025

                Ramping up Heat Pumps in Moldova: A Roadmap A pathway for heat pumpsA pathway for heat pumps

                Heat pumps can strengthen Moldova’s energy security, independence, air pollution and emissions, and even improve energy affordability. Given the regional turmoil – notably in the energy sector – over the past three years and into early 2025, there is a compelling case for reducing natural gas consumption by deploying heat pumps. While Moldova is only beginning to realise its heat pump potential, this presents a significant opportunity to design the system effectively – by stimulating demand, expanding supply, financing the transition and establishing clear regulations. A comprehensive approach will help to ensure a steady and orderly deployment. The following table recommends specific…

                • Executive summaryExecutive summary
                • Status and key indicatorsStatus and key indicators
                • Heat pumps in MoldovaHeat pumps in Moldova
                • Building the marketBuilding the market
                • + 3 pages

                Neighbourhood street in Moldova
                • Report

                • Jun 2025

                Affordability

                Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores affordability. Why is energy efficiency important for affordability? Energy efficiency measures can reduce energy bills for households, decrease energy poverty, and make access to energy services more affordable. Key facts Energy efficiency measures can reduce average household energy bills in advanced economies by up to one-third. In emerging economies, they can also improve access to energy services. For many products, such as refrigerators, highly efficient models use less than half of the energy of inefficient models. A best-in-class model can save up to…

                Affordability
                • Technology report

                • Jun 2026

                Renewables in District Energy Executive summaryExecutive summary

                District energy is a strategic lever for energy security and emissions reduction District energy supplies around 10% of global final energy consumption for heat. As heating and cooling account for more than half of global end-use energy consumption today, this corresponds to around 5% of total energy consumption. District heating and cooling systems offer an efficient, large-scale solution for energy diversification in areas with sufficiently dense demand. By producing heat or cold centrally and distributing it through insulated networks, district energy systems can integrate diverse energy sources - including renewables - optimise demand management at scale, and support coordinated infrastructure…

                • Executive summaryExecutive summary
                • Regional trends in district heatingRegional trends in district heating
                Photo showing insulated district heating pipes covered in snow and stacked on an urban construction site shutterstock 2717548235
                • Sector

                Buildings

                Implement zero-carbon-ready building standards for new and existing buildings, establish enforcement and compliance procedures
                Building energy codes are an essential policy tool for improving buildings performance. Adapting energy codes to include metrics for life cycle emissions and resiliency requirements is fundamental to reflect evolving needs for decarbonising buildings and improving building performance, comfort, and resilience. Regulations can also require that new buildings be “demand-response ready” to enable future flexibility. 
                Introduce supporting information instruments and incentives to drive implementation of the regulations
                Building energy performance certificate schemes or disclosure programmes can enhance compliance with building codes by publicising…

                • Fuel report

                • Sep 2025

                Global Hydrogen Review 2025 Executive summaryExecutive summary

                …sector continues to grow despite persistent barriers and project cancellations Global hydrogen demand increased to almost 100 million tonnes (Mt) in 2024, up 2% from 2023 and in line with overall energy demand growth. This rise was driven by greater use in sectors that have traditionally consumed hydrogen, like oil refining and industry. Demand from new applications accounted for less than 1% of the total and was almost entirely concentrated in biofuels production. The supply of hydrogen continued to be dominated by fossil fuels, using 290 billion cubic metres (bcm) of natural gas and 90 million tonnes of coal equivalent (Mtce) in 2024…

                • Executive summaryExecutive summary
                • Progress summary dashboardProgress summary dashboard
                • Five key questions about hydrogenFive key questions about hydrogen
                • DemandDemand
                • + 6 pages

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