-
Energy Efficiency 2025 Buildings
…electrifying heating systems, are therefore some of the most important drivers of efficiency progress. Policies, such as energy performance certificates and retrofit incentives can help improve the efficiency of existing buildings. To accelerate the deployment of electric heating systems, such as heat pumps, governments can regulate fossil fuel-based heating technologies, harmonise labels for heating solutions, provide targeted rebates, or reduce the price gap between gas and electricity.In emerging economies, the number of buildings is growing almost twice as fast as in advanced economies, so efficient new buildings and urban planning are important to accelerate efficiency progress. Building energy…
-
Household Energy Affordability Executive summary
…At the peak of the crisis in 2022, bills rose 16% year-on-year. This fuelled inflationary pressures and pushed energy affordability to the top of the political agenda. For most households around the world, energy is the third-largest expense after food and housing.Household bills are sensitive to movements in underlying fuel prices; oil price pressures eased in 2025, but natural gas markets remained relatively tight in many parts of the world. Benchmark oil prices were around USD 15/barrel lower at the end of the year than at the start, reflecting a large global supply surplus and bringing…
-
Gaining an Edge Policy implications
An integrated policy package is key to deliver value to businesses and the economy Government intervention can help enhance industrial energy efficiency through effective policy packages. To create effective drivers and preconditions for increasing energy efficiency in the industry sector, policy packages combine three main mechanisms, regulation, information and incentives:Regulation is essential to exclude the worst performing equipment and practices from the market, driving greater energy efficiency at both firm and national level. Information improves firms’ awareness and knowledge of their energy efficiency options, highlighting benefits and enabling more efficient choices in energy-related purchases and use. Increased capacity…
-
Renewables 2025 Biogases
…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 attention to the circular economy concept, recognising that biogas production can help revalorise organic waste and residues. Finally, as rural areas are losing population in many regions, biogas and biomethane development can contribute to rural economic growth. Global combined biogas and biomethane production is expected…
-
Global Energy Review 2026 Electricity demand
Electricity demand grew more than twice as fast as overall energy demand Global electricity demand grew year-on-year by around 3% in 2025, easing from 4.4% in 2024, when intense heat waves boosted electricity consumption. Nevertheless, the 2025 growth rate remained above the 2.8% annual average observed between 2014 and 2024 and was also well over twice the rate of overall global energy demand growth in 2025 (1.3%). Demand growth was well above long-term average rates in advanced economies, but slowed in Asian economies In 2025, emerging market and developing economies accounted for 80% of…
- Key findings
- Global trends
- Oil
- Natural gas
-
+ 9 pages
-
Global EV Outlook 2026 Trends in other EV modes
…of the average electric truck price premium in China. Decarbonisation targets for heavy industry have also strongly supported the switch to electric trucks, especially in the steel and cement sectors. In addition, Stage 4 heavy-duty vehicle (HDV) fuel consumption standards came into effect in July 2025, requiring a 12-16% improvement compared to Stage 3 by including stricter fuel consumption limits, adjusting the testing procedure and expanding coverage.Sales of electric HFTs in China reached an impressive 28% of total HFT sales in 2025, up from 13% in 2024. exceeded 50%In December 2025, the EV sales share reached around 50%…
-
World Energy Investment 2025 Southeast Asia
…up 60% of total energy investment in the past decade. Coal was the main beneficiary, growing from 20% to 30% of the region’s energy mix, with USD 110 billion invested since 2015, concentrated in Indonesia and Viet Nam. However, fossil fuel investment decreased from USD 70 billion in 2015 to USD 50 billion in 2025 while clean energy investment reached USD 47 billion, up from 30 billion in 2015. Given the challenges of accessing international capital markets, Southeast Asia’s capital markets have relied on domestic commercial lending. Commercial finance in clean energy sits above 75%, reaching over 85% in clean power, clean fuels and battery storage…
-
Global EV Outlook 2025 Trends in heavy-duty electric vehicles
Electric bus and truck sales The electric bus market continued to expand, backed by increasingly favourable economics Electric bus sales grew by 30% in 2024Global sales of electric buses reached more than 70 000 in 2024, driven by renewed growth in China. Sales outside of China increased by just 5% in 2024, although they have almost tripled compared to 2020. As electric bus sales have increased in a range of countries, China’s share of global sales has fallen from around 99% in 2017 to less than 70% in 2024. Although electric bus sales in China generally declined from 2017 to…
-
China’s Official Energy Finance in Emerging and Developing Economies Case 4. TFC Solar PV project in South Africa
…build power plants above 100 MW and sell electricity directly to private customers without an issued generation license.The Tubaste Ferrochrome (TFC) solar PV power plant in South Africa’s Limpopo province responds directly to this context. Developed near the TFC smelter in the Burgersfort area, the project will deliver 100 MW of solar PV capacity in two phases: 60 MW in phase I and 40 MW in phase II over two years. It is jointly developed by the China General Nuclear Power Group (CGN)’s Africa platform, the China-Africa Development Fund (CADFund) and local partner KONA Holdings Limited…
-
What Next for the Global Car Industry The importance of the growth in EV sales for the car industry
…car sales to 9% in 2024, almost double the share in 2023. For the same output power, an electric drive is about 60% cheaper, nearly 3 times lighter and generally requires less space than a comparable ICE powertrain. The costs of storage are vastly different: while the fuel tank of an ICE car costs around USD 200, a battery costs around USD 6 500 on average. The value of materials used in a battery electric car is up to 60% higher than in an ICE car, due to the critical mineral content. Demand for refined battery minerals, the supply of which tends to…
