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Country report
Jun 2025
Ramping up Heat Pumps in Moldova: A Roadmap A 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…
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Country
Sudan
Most of Sudan’s electricity generation comes from hydropower, and more than half of the Eastern African region’s total oil-based capacity is located in the country. Sudan is also contemplating scaling up projects on solar power in the coming years.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Flagship report
Apr 2025
Energy and AI Energy supply for AI
Global electricity supply to meet data centre demand Global electricity generation to supply data centres is projected to grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1 300 TWh in 2035 in the Base Case. Over the next five years, renewables meet nearly half of the additional demand, followed by natural gas and coal, with nuclear starting to play an increasingly important role towards the end of this decade and beyond.Coal, with a share of about 30%, is the largest source of electricity, though this varies significantly by region, with the highest contribution found in China. Renewables – primarily wind…
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Country
Botswana
Coal production is set to increase in Botswana, but exports remain limited and mainly involve trade with neighbouring countries. Regarding electrification rates, the country has recently made good progress through a large push for mini-grid and off-grid solutions in rural areas.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Policy report
Oct 2025
Scaling Up Transition Finance What is transition finance?
Developments and current status Many energy investments defy a simple binary classification between “clean” and “dirty”: there are also the “in-between” investments that can deliver material emissions reductions but that do not bring emissions to zero. These investments have historically been difficult to categorise due to differences in energy pathways and timeframes across regions and have been the subject of debate, including over whether and how they should be supported.Transition finance refers to financial activities that can contribute to emissions reductions, particularly in hard-to-abate sectors as well as in emerging market and developing economies (EMDE) where…
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Country
Venezuela
The Venezuela Plan for the National Electric System aims to integrate renewables in the power system by including it in medium and long-term strategies. It aims to develop the use of renewables within isolated rural communities including solar, small hydro and biogas.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country report
Apr 2025
Kenya 2024 Executive summary
Kenya has put in place significant energy policies and strategies, and with strong institutions and ambitious targets, the country is well-positioned to reach its energy goals and continue its economic growth and development.As the largest economy in Eastern Africa and a regional leader in energy development, Kenya has made remarkable progress in increasing the rate of access to electricity among its population, putting the country on track to reach universal access to electricity by 2030. Kenya has set an ambitious target in its Vision 2030 of becoming a newly industrialising middle-income country with a high quality of…
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Technology report
Mar 2026
Financing CCUS at Scale Executive summary
The current wave of investment in carbon capture, utilisation and storage (CCUS) is larger and more geographically diverse than ever before. Momentum in private capital flowing into projects is reflected in the more than 30 final investment decisions (FIDs) that have been reached in the past 2 years alone, particularly in Europe and North America, and in key sectors including transport and storage, industry, and power. Investment has grown more than 15-fold since 2020, reaching over USD 5 billion in 2025. The pipeline of projects currently under construction suggests that after years of incremental capacity additions, operational capture capacity is set…
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Technology report
Jun 2026
Renewables in District Energy Executive 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…
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Fuel report
Dec 2025
Coal 2025 Investments in coal projects and emissions abatement
…to support specific coal projects. In Africa there is renewed interest in projects in Mozambique. Australia is progressing with met coal developments, while market conditions have driven the sale of several assets to larger mining firms. In the United States the new administration has adopted a more favourable stance towards coal, introducing measures to promote production and demand, which is expanding the project pipeline.Activity in mergers and acquisitions, which was driven by high coal prices between 2022 and 2024, slowed significantly in 2025. Nevertheless, some transactions have gone ahead, notably in Queensland, Australia. In 2024, BHP and Mitsubishi divested from…
- Executive summary
- Demand
- Supply
- Trade
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+ 2 pages