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World Energy Outlook 2025 Current Policies Scenario
Expanding the world we know Total final consumption rises in the Current Policies Scenario (CPS) by around 1.3% each year over the next decade, similar to the average annual increase over the last decade: global industrial output, appliance ownership and demands for mobility all increase, while energy efficiency gains are modest. Demand for oil rises to 113 million barrels per day by 2050, mainly due to its increased use in emerging market and developing economies for road transport, petrochemical feedstocks, and aviation. Electric vehicle (EV) uptake stalls in regions lacking strong policy support: China and Europe are the main exceptions…
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Electricity 2026 Grids
Grids are emerging as a bottleneck for connecting supply, demand and storage A lack of grid capacity is emerging as a critical bottleneck in many regions, driving higher levels of congestion and slowing the deployment of new electricity generation, storage and demand. Grid connection queues have reached record levels worldwide. In response, this year’s report examines the range of measures that regulators and system operators are adopting to “move fast and connect things”: enabling more capacity to be integrated more quickly through regulatory reforms and deployment of technologies that can deliver rapid grid upgrades. Greater demand-side participation and…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Global Energy Review 2025 Electricity
Electricity demand growth surged in 2024 Global electricity demand increased by 4.3% in 2024, a step change from the 2.5% growth seen in 2023. The average pace of electricity demand growth from 2010 to 2023 was 2.7%, double the rate of total energy demand growth over the same period. Electrification picked up across sectors, raising electricity demand in most major economies in 2024. China accounted for the largest share of electricity consumption growth, but increases were seen globallyAlmost all regions saw an acceleration in the rate of electricity consumption growth in 2024 compared with the annual average…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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Malisol Ohirko
IFNEC Policy Advisor.
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World Energy Investment 2025 Southeast Asia
In the past, Southeast Asia’s rapid economic growth was mostly driven by fossil fuels but clean energy now accounts for almost half of energy investment Southeast Asia is a rapidly developing region, with GDP per capita increasing by more than 30% since 2015. During the last ten years, energy demand has increased by over 35%, with electricity demand rising by more than 60%. Driving this is a 12% increase in electricity access rates, growing consumption in industry, urbanisation and rising incomes creating demand for cooling and other appliances. Historically, this rising energy demand has been met by fossil fuels…
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World Energy Investment 2025 Middle East
The Middle East is rich in a wide range of energy resources, which it is looking to develop with a mix of foreign and domestic sources of investment The Middle East holds some of the lowest-cost oil and gas resources in the world, and in 2024 provided around 30% of global oil production and 17% of global natural gas production. Saudi Arabia’s upstream oil and gas investment is the highest in the region, and is set to reach about USD 40 billion in 2025, nearly 15% higher than in 2015. Overall, the Middle East is set to invest about USD 130 billion…
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Rigathi Gachagua
H.E. Rigathi Gachagua, EGH. Deputy President
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Global Hydrogen Review 2026 Demand
Global hydrogen demand grew almost 3% in 2025 to surpass 100 Mt, concentrated in traditional uses in industry and refining. The impacts of the conflict in the Middle East render the near-term outlook for current hydrogen applications uncertain, particularly for fertiliser production and trade.Demand for low-emissions hydrogen grew by 20% in 2025, reaching close to 1 Mt. However, sluggish and uncertain policy implementation is failing to address the major barriers to adoption and preventing faster uptake.New offtake agreements for low-emissions hydrogen reached 1.7 Mtpa in 2025, as in 2024. One-fifth of all new agreements were firm…
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Household Energy Affordability Executive summary
Household energy affordability continues to be a key priority for governments as energy bills remain elevated Household energy bills globally have come down from the peaks seen during the global energy crisis in 2022, but on average they were still around 4% higher in real terms in 2024 than they were in 2019. Household energy bills soared in many parts of the world as a result of the Covid-19 pandemic and Russia’s full-scale invasion of Ukraine in 2022, which introduced a period of extreme volatility and a sharp run-up in prices. At the peak of the…
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Investment
This initiative includes a dashboard that offers free data on financing costs for clean energy projects, tools and analysis to help governments identify and address investment risks, and case studies showcasing successful strategies for mobilising capital. This initiative includes a dashboard that offers free data on financing costs for clean energy projects, tools and analysis to help governments identify and address investment risks, and case studies showcasing successful strategies for mobilising capital. Globally, energy investment by governments, households and businesses is expected to reach a new high of $3.3 trillion in 2025. How this spending is allocated has major…