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Gaining an Edge Energy demand and competitiveness
Energy is at the centre of competitiveness amid high costs, growing demand, and rising trade pressures Energy is a vital input into all productive sectors of the economy. In an environment of fierce global competition and shifting trade patterns, energy costs are a major determinant of long-term investment, jobs and business competitiveness. Finding ways to reduce energy costs while producing more or better products is good for both profitability and overall economic growth. While energy prices are volatile in many countries, recent high prices combined with instability and fragmentation in energy markets have widened energy price gaps between regions…
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Global EV Outlook 2026 Manufacturing and trade
Manufacturing and trade of electric cars Global electric car output reached record levels in 2025 while European production rebounded Nearly 22 million electric cars were produced globally in 2025 – up more than 25% compared to the previous year. Of those, about one-quarter were traded between major production and demand centres. China remains the world’s largest hub for manufacturing and trade of electric cars, capturing nearly 75% and 40% of the respective global totals. Primarily led by domestic carmakers, China’s 2025 production of 16 million electric cars outstripped domestic demand by 20%, pushing Chinese electric car exports to double to…
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- Executive summary
- Hydrogen
- Road transport
- Steel
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+ 3 pages
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Global Energy Review 2026 Technology: Battery storage
Battery storage is the fastest growing power technology today. In 2025, 108 GW of new battery storage capacity was deployed worldwide, 40% more than in 2024. Installed capacity is now eleven times higher than in 2021. Lithium‑iron phosphate (LFP) batteries now account for around 90% of deployments; while less energy‑dense than rival chemistries commonly used in EVs, LFP batteries are typically cheaper and better suited to more frequent cycling. Just five years ago, the market share of LFP batteries in deployments was well below 50%. Around 80% of new battery capacity in 2025 was utility‑scale. The remainder was behind-the…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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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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Global Hydrogen Review 2026 Africa
Hydrogen use in Africa reached 3.1 Mt in 2024, about 3% of the global total. Hydrogen production accounted for about 6% of the region’s gas demand and 2% of regional CO2 emissions. Hydrogen use is concentrated in 6 countries (out of 54), with Egypt representing nearly half, followed by Algeria (20%), Nigeria (17%), South Africa (5%), Libya (5%) and Equatorial Guinea (3%). Ammonia production accounted for nearly three-quarters of hydrogen demand.Today, only 6 kt of low-emissions hydrogen are produced in Africa, exclusively from renewables. The hydrogen project pipeline to 2030 has 31 projects, which could allow increasing…
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World Energy Investment 2025 Japan and Korea
Expanding power investment and keeping adequate electricity supply capacity will be crucial to meet rising electricity demand and ensure stable supply for the economies of Japan and Korea Japan and Korea are two of the most advanced economies in Asia, both having a strong focus on trade with a dependence on energy imports to meet demand. Energy security concerns are spurred by their low energy self-sufficiency rates, Japan at 13% and Korea at 19%. To reduce their reliance on imports and to promote the energy transition, both countries have made significant investment in clean energy, with 92% of total…
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Global Energy Review 2026 CO2 emissions
Energy sector emissions continued to rise in 2025, but regional trends varied markedly Global growth in energy-related CO2 emissions slowed in 2025, rising by around 0.4%, the slowest rate since 2021. Despite this slowdown, total energy-related CO2 emissions increased by around 145 million tonnes (Mt) in 2025, reaching a new high of nearly 38.4 billion tonnes (Gt), and 5% above 2019 levels. The increase coincided with record atmospheric CO2 concentrations of about 427 parts-per-million (ppm), roughly 2.4 ppm higher than in 2024 and around 50% above pre-industrial levels.Emissions from fuel combustion…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Energy Efficiency Policy Toolkit Small and Medium Enterprises
Small and Medium Enterprises
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Global Energy Review 2025 CO2 Emissions
Energy sector carbon emissions reached a new record in 2024 Total energy-related CO2 emissions increased by 0.8% in 2024, hitting an all-time high of 37.8 Gt CO2. This rise contributed to record atmospheric CO2 concentrations of 422.5 ppm in 2024, around 3 ppm higher than 2023 and 50% higher than pre-industrial levels. In 2024, CO2 emissions from fuel combustion grew by around 1% or 357 Mt CO2, while emissions from industrial processes declined by 2.3% or 62 Mt CO2. Emissions growth was lower than global GDP growth (+3.2%), restoring the decades-long trend of decoupling emissions…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
