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Gas Market Report, Q1-2026 Executive summary
The unfolding LNG wave is expected to drive stronger gas demand growth in 2026 2025 was a transitional year for natural gas markets. While supply fundamentals remained tight in the first half of the year, strong LNG production growth gradually eased market conditions starting from July. Following a relatively strong increase in 2024, global gas demand growth slowed markedly in 2025 due to a combination of weaker industrial activity and relatively high spot LNG prices in the first half of the year. Market opening reforms continued to gather pace in Asia while the European Union reached a historic decision to…
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Energy security
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores energy security. Why is energy efficiency important for energy security? Energy efficiency can help mitigate energy security risks by reducing the reliance on fossil fuel imports, improving grid reliability, and acting as a buffer to supply shocks. Key facts Efficiency gains from the last two decades avoided the need for 20% more fossil fuel imports in IEA countries. Energy efficiency and demand response can support grid reliability by reducing peak demand. For instance, more efficient air conditioners in India could lower the impact of heatwaves on…
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World Energy Investment 2025 China
Record-breaking renewables investment in China continues, advancing in tandem with the expansion of grid and storage for renewables while keeping coal in the mix In the ten years since the signing of the Paris Agreement and five years since the announcement of the dual carbon goals, China has seen a precipitous rise in clean energy investment, particularly in renewables. In 2024 China’s clean energy investment was more than USD 625 billion, almost doubling since 2015. China also achieved its 2030 wind and solar capacity target in 2024, six years ahead of schedule. While renewable installations are set to continue, investment…
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Global Methane Tracker 2025
Methane is responsible for around 30% of the rise in global temperatures since the Industrial Revolution, and rapid and sustained reductions in methane emissions are key to limiting near-term global warming and improving air quality. The energy sector – including oil, natural gas, coal and bioenergy – accounts for more than 35% of methane emissions from human activity and has some of the best opportunities to cut these emissions. The annually updated Global Methane Tracker is an essential tool for raising awareness about methane emissions across the energy sector and the opportunities to bring them down.The Tracker presents our latest…
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Global Energy and Climate Model Macro drivers
Overview The Global Energy and Climate Model (GEC Model) uses macro drivers, techno-economic inputs and policies as input data to design and calculate the scenarios. The values for the different data categories and scenarios used in the GEC Model 2025 can be downloaded here.Economic activity and population are the two fundamental drivers of demand for energy services in GEC Model scenarios. Unless otherwise specified, these are kept constant across all scenarios as a means of providing a starting point for the analysis and facilitating the interpretation of the results. The projections are based on the average retail prices…
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Council of Ministers Resolution no. 8-A/2021 - Approves the Building Long-Term Renovation Strategy (LTRS)
The Resolution approves the Building Long-Term Renovation Strategy (LTRS), as an expression of Portugal's commitment to carbon neutrality by 2050.
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Recovery and resilience plan / Climate transition dimension/ Industry decarbonisation
In the framework of the European Recovery and Resilience Facility, Portugal submitted its national plan to the European Commission. The second pillar of Portugal's plan (dimension of climate transition) concentrates 18% of the total investments. The component 11 (Industry decarbonisation) is part of this pillar and involves an investment of EUR 715 million that are allocated to projects related to: - Low carbon processes and technologies for the industry- The adoption of energy efficiency measures in the industry- The incorporation of renewable energy and energy storage- Training for companies and development of information and training tools.
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Registration Tax Benefit for All-Electric Vehicles
The ISV (Imposto Sobre Veiculos) is a registration tax that is only paid once when the vehicle is first registered in Portugal.
ISV is calculated on the basis of two criteria: the engine cubic capacity and CO2 emissions. Some types of vehicles, such as commercial and motorcycles, pay ISV based on the engine feature only.
In Portugal, there are no taxes for buying an used car - only pay the registration fee. There are no regional taxes too.
All-electric vehicles do not pay ISV nor IUC (Imposto Único Circulação / circulation tax). -
New feed in tariffs for Renewables - DL 33-A/2005
This Decree Law 33- A/2005 establishes the way to calculate the feed in tariffs for Renewables in Portugal and establishes the validity time for these tariffs. The formula for calculation of the Feed in tariffs takes in account the technology, the environmental aspects and the inflation rate through the index of prices to the consumer. According to this legislation some typical values are: Wind Energy ~7.6 euro cents/kWh for the first 33 GWh/ MW injected in the grid or 15 years whatever comes first. Photovoltaics For installations less or equal to 5 kW 44.4 euro cents…
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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…