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Energy Technology Perspectives 2026 Deployment of clean energy technologies, materials and fuels
Outlook Many clean energy technologies are increasingly cost-competitive and growing strongly. Their aggregate market value has grown 20% on average per year since 2015 to reach nearly USD 1.2 trillion. Some 80% of global solar PV and wind generation now occurs at lower levelised costs than for coal or gas. Battery prices have dropped 75% since 2015, pushing electric car sales to around 25% share in 2025. Deployment increases in all IEA scenarios: in the Current Policies Scenario (CPS), their global market value nearly doubles to around USD 2 trillion in 2035, greater than the oil market in…
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Sheltering From Oil Shocks Summary
…pushing up prices for crude oil above $100/barrel, and leading to much higher prices for some refined products – notably diesel, jet fuel and liquefied petroleum gas (LPG). Concerns are growing about the impacts of higher prices on households, businesses and the broader economy.The resumption of transit through the Strait of Hormuz is the single most important action to return to stable oil and gas flows and reduce the strains on markets and prices. In the interim, countries around the world are taking a range of measures to increase supply and to reduce the impact of sharp price rises…
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Sheltering From Oil Shocks Oil use in industry
…naphtha, ethane or gasoil – as a feedstock without requiring equipment modifications. Prioritising the processing of oil feedstocks that are more available could help release pressure on the others. Meanwhile, industrial oil-consuming facilities can save additional fuel in the short-term through maintenance checks and optimising how equipment is operated. Measures vary by site but typically include shutting down equipment when not in use, reducing temperature and pressure setpoints to only what is necessary, fixing leaks and maintenance issues, and improving scheduling so processes run more efficiently.Impact: The degree of flexibility in petrochemical production and the level of stocks…
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Global Hydrogen Review 2025 Demand
…is expected to be consumed in refineries and industrial facilities by 2030. This could be complemented by additional supply provided by merchant projects.In road transport, heavy trucks remain the only fast-growing market for fuel cell electric vehicles, despite their higher total costs of ownership when compared to battery electric or diesel trucks. China remains the leader, with almost 95% of the world’s fuel cell commercial vehicles stock.In shipping, the fleet of ships able to use hydrogen-based fuels is growing and offtake agreement activity has increased, but concerns about supply availability are slightly slowing down momentum…
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Brazil 2025 Policy recommendations for Brazil
…8. Implement mandatory energy audits for companies above a certain level of energy consumption to support the implementation of energy efficiency measures and energy management systems. 9. Promote a more ambitious approach on minimum energy performance standards for energy-related products with a high impact on industrial energy consumption and relevance for the energy transition. 10. Seize the opportunities for domestic manufacturing and expand the role of flex-fuel hybrids and electric vehicles in the transport sector. 11. Create stronger demand for less carbon-intensive heavy-duty vehicles. 12. Encourage building owners to pursue voluntary energy audits on existing buildings…
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Global EV Outlook 2026 Trends in electric cars
Electric car sales Electric car sales topped 20 million globally in 2025 One in four new cars sold worldwide was electric in 2025The electric car market reached new highs in 2025, growing by 20% from 2024 to exceed 20 million sales, in line with expectations in the 2025 edition of the Global EV Outlook. The sales share of electric cars in the overall car market increased to 25%. This marked the fifth consecutive year in which annual electric car sales increased by about 3.5 million, a trend that began in 2021 after the Covid‑19 pandemic. As a result, about 5% of the…
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Global EV Outlook 2025 Trends in electric car markets
Electric car sales Global electric car sales exceeded 17 million in 2024 More than 20% of new cars sold worldwide were electricElectric car sales topped 17 million worldwide in 2024, rising by more than 25%. Just the additional 3.5 million cars sold in 2024 compared to 2023 outnumber total electric car sales in the whole of 2020. China maintained its lead among major markets, with electric car sales exceeding 11 million – more than were sold worldwide just 2 years earlier. Global sales were slightly tempered by stagnating growth in Europe, as subsidies were phased out or reduced in several major markets, and…
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Outlook for Biogas and Biomethane Key findings
Biogases are a hidden solution to many of today’s energy security and sustainability challenges. They turn waste into sustainable, low-emissions fuels. The attraction of biogases lies in the integration of energy, environment, waste and emissions policies and targets. Biogas can be used directly as heat by households and industry, and to produce electricity. Biomethane, which is an upgraded form of biogas, is a locally sourced, drop-in substitute for natural gas. This report assesses the global potential and costs of developing biogas and biomethane using a first-of-a-kind geospatial analysis. It provides detailed country- and region…
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World Energy Employment 2024 Executive summary
…ahead into clean energy are seeing significant employment growth from these sectors, with clean energy job growth representing over 10% of economy-wide job growth in China and 4-6% in advanced economies such as the United States, the European Union and Japan in 2023. However, in many emerging and developing economies other than China, clean energy’s share of new jobs is below 2%. Employment in oil and gas increased in 2023, but coal jobs are in structural decline Overall fossil fuel employment grew by 3% in 2023, but firms took varied approaches in balancing near-term labour demand…
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Global Energy and Climate Model Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)
Even as global energy demand continues to rise, billions of people in around 100 countries remain without access to basic modern energy services. Today nearly 2 billion people lack access to clean cooking and 730 million people lack access to electricity. Millions of households, businesses and public institutions such as clinics and schools operate without reliable modern energy. This limits productivity and hinders socioeconomic development. It also perpetuates the use of traditional biomass, with damaging consequences for health and the environment.The Accelerating Clean Cooking and Electricity Services Scenario (ACCESS) charts a path to achieve universal access to clean cooking and electricity based…
