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Global Energy Review 2026 Technology: Electric vehicles
Electric car sales increased by more than 20% year-on-year in 2025, rising to 21 million units, with one in four cars sold being electric. This was in line with the IEA’s forecast for annual sales share in the 2025 edition of the Global EV Outlook. Intense domestic competition, attractive prices and the growing availability of different models have supported the rapid rollout of EVs in China, with electric cars capturing more than half of all annual car sales for the first time in 2025. Sales of electric heavy-freight trucks also tripled in 2025, reaching more than…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Rare earth elements 2025
Outlook for key energy transition minerals This report provides an outlook for demand and supply for key energy minerals including copper, lithium, nickel, cobalt, graphite and rare earth elements. Demand projections encompass both key energy technologies and other uses under different IEA Scenarios. Supply projections are based on a detailed review of all announced projects. They show how today's geographical concentration evolves over time, for both mining and refining and how expected supply compares with primary supply requirements.
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How global oil supplies have readjusted to help fill the huge gap left by the Strait of Hormuz shock
commentary Stock drawdowns, alternative routes and suppliers, and agile refiners have all contributed during the crisis, avoiding far more severe impacts on demand Global energy markets have been contending with their largest supply disruption in history resulting from the near closure of the Strait of Hormuz, a vital artery for oil and gas shipments to reach global markets. The cumulative oil supply losses from producers in the Middle East now exceed 1.3 billion barrels, with flows through the Strait of Hormuz falling from around 20 million barrels per day prior to the conflict to an average of 2.7…
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Global Methane Tracker 2026 Regional insights
Central and South America The fossil fuel sector in Central and South America emitted just under 8 million tonnes (Mt) of methane in 2025, around half of which was from oil and gas facilities in Venezuela. Oil and gas facilities are the main sources of methane emissions in Venezuela, Argentina and Brazil, whereas in Colombia emissions are split roughly evenly between coal mining and oil and gas activities. In Venezuela, the upstream methane emissions intensity of oil and gas operations is nearly six times the global average, and flaring intensity is around 12 times higher. The intensities of operations in Argentina…
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The Implications of Oil and Gas Field Decline Rates
Much attention today focuses on uncertainties affecting the future evolution of oil and natural gas demand, with less consideration given to how the supply picture could develop. However, understanding decline rates – the annual rate at which production declines from existing oil and gas fields – is crucial for assessing the outlook for oil and gas supply and, by extension, for market balances.The International Energy Agency (IEA) has long examined this issue, and a detailed understanding of decline rates is at the heart of IEA modelling and analysis, underpinning the insights provided by the scenarios in the World Energy Outlook.This new…
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Southeast Asia Energy Outlook 2026 Energy in Southeast Asia
Southeast Asia is becoming an increasingly important part of the global energy system. The region accounts for 9% of the world’s population and 4% of its GDP. Energy use has risen sharply since 2015, supported by industrialisation, urbanisation, rising incomes and expanding mobility needs. This growth has helped underpin economic development and wider access to modern energy, but it has also increased exposure to global fuel markets and added to emissions. The current Middle East crisis has tested Southeast Asia’s energy security and affordability, exposing the limits of short-term responses. The region was heavily exposed to Middle…
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Financing the Modernisation of Power Systems Beyond Coal Executive summary
The role of coal in power systems is evolving This report assesses the potential applications, limitations and relevance of transition credits in Southeast Asia. Coal is the largest source of power generation worldwide and the largest source of energy-related carbon dioxide emissions. All Southeast Asian countries with coal in their power generation mix have adopted commitments to reduce coal-fired generation or emissions targets that imply a significant decline in coal consumption in the coming decades. To meet these targets, the International Energy Agency (IEA) has long emphasised that a range of strategies can be deployed to reduce coal…
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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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Outlook for Biogas and Biomethane Assessing the sustainable potential and cost of feedstocks for biogas and biomethane
Feedstock assessment This assessment considers over 30 types of feedstocks for biogases. They can be broadly grouped together as crop residues, animal manure, biowaste and woody biomass. We assess feedstocks that can be processed without direct competition with food for agricultural land or animal feed, and that do not have any other adverse sustainability impacts. Biogas and methane yields are key indicators of how suitable a feedstock is for energy production. Biogas yield refers to the total volume of gas produced from a feedstock through anaerobic digestion, primarily methane (CH₄) and CO₂. Methane yield, by contrast, accounts only for the…
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Southeast Asia Energy Outlook 2024 Executive summary
Southeast Asia is a very dynamic region and a driving force behind global energy trends, with a projected rise in energy demand over the coming decades second only to India. It has accounted for 11% of global energy demand growth since 2010 but is projected to contribute more than 25% of the growth over the period to 2035 in the Stated Policies Scenario (STEPS), which indicates the direction of travel for the energy sector based on today’s policies. This increase in demand is underpinned by strong economic expansion, population growth, and Southeast Asia’s position as a global manufacturing…
