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Global EV Outlook 2025 Outlook for energy demand
…the IEA's Global Energy and Climate Model (GEC-Model). Regional data can be interactively explored via the Global EV Data Explorer. Oil displacement Electric vehicles displace more than 5 mb/d by 2030 Expanding EV adoption continues to reduce oil demand, with oil displacement growing by 30% to over 1.3 mb/d in 2024 – equivalent to Japan’s entire transport sector oil demand today. By the end of the decade, EVs are set to displace over 5 mb/d of diesel and gasoline in the STEPS, and China’s EVs to account for half of displaced oil.Electric…
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Electricity Mid-Year Update 2025 Demand: Global electricity use to grow strongly in 2025 and 2026
Global electricity demand is forecast to increase by an average annual 3.3% in 2025 and by 3.7% in 2026, a moderation from 4.4% in 2024 but still some of the highest growth rates observed over the last decade. This is a slight downward revision from our previous forecast in February 2025 of 4% growth for this year and 3.8% in 2026. The change is partly due to the IMF's downgrade of the global GDP growth outlook compared with its January 2025 update amid elevated uncertainty surrounding trade tariffs and economic prospects. Despite these downside risks…
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Financing Clean Energy in Africa Clean energy investment landscape: setting the scene
…hikes, this has driven up debt servicing costs, which are now double the level of clean energy investment across the continent as a whole. Energy sector-specific risks vary significantly by country, technology and financing provider. One of the primary difficulties for utility-scale renewable or grid projects has been offtaker risk, with only about one in three utilities in Africa able to cover their operational and debt servicing costs. This increases transmission risk due to underinvestment in grid infrastructure. Decentralised solutions play a critical role, but advancing them can face regulatory hurdles or finance ill-adapted to supporting them.
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Ukraine’s Energy Security A pre-winter assessment
…While Ukraine has made strong strides in rebuilding and strengthening the resilience of its energy system this past spring and summer, the situation remains fragile, and the risk of huge disruptions and widespread destabilisation remains – particularly if Russia further intensifies targeted attacks or temperatures in the months ahead are colder than expected.This analysis builds on the IEA’s September 2024 report, Ukraine’s Energy Security and the Coming Winter. It provides an update on the latest developments through October 2025 and proposes key actions that Ukraine and its partners can take to address urgent energy security vulnerabilities this winter…
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Energy Efficiency Policy Toolkit Transport
Introduction Private cars and vans were responsible for more than 25% of global oil use and around 10% of energy-related CO2-emissions in 2023. Doubling global annual energy intensity improvement by 2030 would require the efficiency of cars to improve by 5% each year. An integrated policy approach combining regulation, information and incentives is the most effective way to achieve this goal.Regulations such as fuel economy standards and heavy-duty vehicle standards encourage manufacturers to introduce more efficient vehicles, thereby significantly reducing greenhouse gas emissions. Countries with regulations and/or efficiency-based purchase incentives in place improve efficiency…
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World Energy Outlook 2025 Achieving access for all
A roadmap for universal energy access Today around 2 billion people lack access to clean cooking and some 730 million remain without electricity – deficits which have far-reaching implications for health, economic opportunity and global development. Since 2010, 1.5 billion people have gained access to clean cooking and 1 billion to electricity, demonstrating that rapid progress is possible. Our new Accelerating Clean Cooking and Electricity Services Scenario (ACCESS) outlines a country-by-country pathway to universal access that draws on lessons about what has worked best in recent years. Universal clean cooking access is achieved in the ACCESS around 2040. Over 60…
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World Energy Investment 2025 Japan and Korea
…Policy initiatives such as Japan’s capacity market operations and Korea’s 20% reserve margin targets, along with public–private co‑operation, will play a critical role in meeting the growth in electricity demand.In the next decade, promoting renewable power will be crucial for securing energy supplies and increasing domestic energy supply to alleviate pressure on the trade balance. In recent years sustainable bonds for nuclear-related investment have emerged, and government involvement will be essential for large-scale investments.Furthermore, Japan and Korea will continue prioritising long-term liquified natural gas (LNG) contracts to mitigate short-term price volatility…
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Global Energy Review 2025 Electricity
…of electricity consumption growth in 2024 compared with the annual average from 2012 to 2022. Globally, electricity consumption increased by 1 080 TWh, nearly two times the annual average of the past decade. In China, electricity consumption increased by more than 550 TWh (7%), almost as much as the average annual global increase in electricity consumption over the previous decade (2013-2023) and well above the China’s own average increases during this period.In 2023, advanced economies saw a 140 TWh decline in electricity consumption due to soft industrial output in some countries and milder weather conditions. In 2024…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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The State of Energy Innovation 2026 Interactive: Highlights in energy innovation
Interactive: Highlights in energy innovation
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The State of Energy Innovation 2025 Interactive: Highlights in energy innovation
Interactive: Highlights in energy innovation
