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Oil
Oil
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Global Critical Minerals Outlook 2025 Innovation in mining, refining and recycling to promote diversification
…progress on upstream and midstream, or “supply-side”, innovations has been lagging. Building resilient and responsible mineral supply chains will require efforts to scale up new technologies that can increase supply volumes, improve the energy efficiency of production processes, and reduce water consumption, waste generation and emissions all along the supply chain. These innovations can help achieve various policy goals: improving security of supply, enhancing production and operational efficiency, boosting yield rates, lowering environmental and social impacts, and shortening project timelines. A range of emerging innovations hold the potential to transform mineral production. Examples include the lowering of energy and…
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India’s electricity demand grows at night: Managing rising cooling demand
India cooling commentary As India’s cooling demand surges alongside solar power capacity, ensuring sufficient nighttime power capacity is key Power consumption in India is on the rise amid economic and population growth, as well as the growing use of air conditioning as more households purchase units and temperatures increase. Since 2019, the country’s electricity demand has increased by 5% per year. While electricity supply has kept pace, solar PV has accounted for two-thirds of power capacity additions in India since 2019. Against this backdrop, ensuring adequate power generation capacity during periods of peak demand is emerging as…
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Coal 2025 Supply
…high of 9.1 billion tonnes, largely driven by increased output in China, India and Indonesia. China retained its position as the world’s leading coal producer, maintaining output at 4 666 Mt. Coal remains the primary energy source in both China and India, making domestic production a cornerstone of their energy security strategies. Following supply shortages in 2021, both countries have ramped up coal production for several years in a row.At 9 111 Mt, global coal production in 2025 is projected to remain at 2024’s level. This marks a plateau before entering an expected downturn later in the decade. The decrease reflects weaker…
- Executive summary
- Demand
- Supply
- Trade
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China’s Official Energy Finance in Emerging and Developing Economies Case 5. Silk Road fund commitment in African Infrastructure Investment Fund IV
Project overview and impact Africa’s energy sector faces a persistent investment shortfall, with annual clean energy spending needing to grow more than six times by 2035 to achieve net zero emissions by 2050. Equity funds have become an important channel for mobilising capital into markets where project-level financing remains constrained by high costs of capital, currency risk and a shortage of scalable, investable project structures. Against this backdrop, the Silk Road Fund (SRF) committed USD 50 million to the African Infrastructure Investment Fund IV (AIIF4) in 2023. The AIIF4 is a pan-African infrastructure fund managed by African…
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Kenya
Access to electricity has increased dramatically in Kenya over the past 20 years, reaching almost 3/4 of the population today. The Last Mile Connectivity Project of the Rural Electrification Authority aims to deliver universal access by 2022.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global Energy Review 2026 Natural gas
…terms. Incremental demand was largely concentrated in the United States and the European Union – where it was supported by colder winter weather – and in the Middle East, where gas use in the power sector grew rapidly offsetting oil use. By contrast, demand in the Asia Pacific region effectively flatlined, with growth at its lowest level since the 2022 energy crisis. The buildings sector emerged as the largest driver of global gas demand growth in 2025, due to cold weather The contribution of the buildings sector to growth in natural gas demand increased sharply in 2025, reaching almost 70%. By contrast…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Türkiye
Rapid economic and population growth in Türkiye over the past two decades have not only driven strong growth in energy demand, but also an associated increase in import dependency. As a result, Türkiye has pursued a restructuring of its energy system with the aim of rationalising energy demand growth, lowering energy prices and slowing the pace of import growth.
These reforms have included measures targeted at modernisation, liberalisation and increased domestic production capacity. Notably, Türkiye has seen considerable diversification of its energy mix in the past decade. Renewable electricity generation has tripled in the past decade and the commissioning of…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Financing Electricity Access in Africa Executive summary
…major impediment to universal electricity access Nearly two out of every five people in Africa – around 600 million in total – still live without access to electricity. Electrification has barely kept pace with population growth, leaving the continent far behind the targets set by African governments and the international community. Progress in reducing the absolute number of people without access has stalled in recent years, with the rate of improvement failing to fully recover to pre-pandemic levels. Fewer than 19 million people gained access in both 2023 and 2024, compared with 23 million in 2019.Even when connections are available…
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From farms to fuel: Ukraine’s biomethane opportunity for energy security and European decarbonisation
…emissions gas. Home to the largest agricultural land area in Europe, Ukraine has the resource potential to become one of the continent’s leading biomethane producers, supplying both its domestic market and the EU via an already existing pipeline infrastructure.The first exports of biomethane come at a critical moment. Repeated Russian attacks on Ukrainian energy infrastructure have exposed the vulnerabilities of centralised energy supply. Although biomethane relies on the same gas distribution and transmission infrastructure as natural gas, its production is inherently more decentralised than domestic natural gas extraction, reducing exposure to disruptions affecting individual production sites. Biogas and…
