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Renewables 2022 Transport biofuels
Forecast summary Biofuel use expands in 2022 despite rising costs Global biofuel demand is expected to be 6% or 9 100 million litres per year (MLPY) higher in 2022 than in 2021. Renewable diesel makes up the largest share of this year-on-year expansion, thanks to attractive policies in the United States and Europe. Blending requirements and financial incentives support demand growth in India and Brazil, and Indonesia’s 30% biodiesel blending requirement also boosts biodiesel use in that country. Nevertheless, we have revised year-on-year growth downwards 25% from our 2021 forecast, with price and market developments…
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China’s Official Energy Finance in Emerging and Developing Economies Case 2. Southern power grid’s acquisition of Enel Peru distribution assets
Project overview and impact Latin America’s power systems face a growing need to modernise their electricity networks as clean energy deployment accelerates. While the region has seen a 25% increase in clean energy investment since 2015, grid spending has not kept pace, with less than USD 0.5 invested in networks and storage for every dollar spent on new generation. Strengthening distribution systems, especially in rapidly expanding urban areas, is essential to integrate more renewables. Peru is no exception. Although its electricity demand has grown steadily, network modernisation has lagged behind regional leaders, and the expansion of renewable capacity…
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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 EV Outlook 2026 Trends in other EV modes
Trends in electric truck sales Electric truck sales doubled in 2025 to reach 9% of truck sales worldwide Sales of electric trucks continued to grow for the fifth consecutive year in 2025, exceeding 400 000 for the first time and doubling compared to the previous year. Globally, electric trucks reached 9% of all truck sales in 2025, surpassing the EV sales share for buses and light commercial vehicles.In particular, the electric heavy freight truck (HFT) segment expanded significantly: sales of electric HFTs almost tripled year-on-year, from around 84 000 in 2024 to a record high of 230 000 in 2025…
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Indicators Handbook for Just and Inclusive Energy Transitions Purpose and Development of the Handbook
A flexible contextual approach The Indicators Handbook complements the Blueprint for Action as a flexible, pragmatic and evidence-based resource to provide guidance on tracking the implementation of the G20 Principles for Just and Inclusive Transitions.Each chapter corresponds to one of the G20 principles. For each principle, the Handbook presents emerging practices and approaches from several country case studies, illustrating both indicators and methodologies for tracking progress, monitoring effectiveness and designing better policies. Each chapter also includes lessons learned from international experience and key considerations relevant to measuring the specific issues associated with the principle.The indicators proposed for…
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Global Hydrogen Review 2026 Investment and innovation
Capital spending on low-emissions hydrogen projects reached nearly USD 7 billion in 2025, nearly double the 2024 level and equal to 0.7% of global investment in energy supply. Investment in electrolysis overtook investment in carbon capture, utilisation and storage (CCUS)-based hydrogen, thanks to a stronger pipeline, higher capital intensity and faster project progress, and could account for around 70% of nearly USD 10 billion in investment in 2026.China and Europe lead committed electrolysis projects, with China accounting for more than 60% of capacity by 2026 and 25% of estimated investment. Europe represents less than 20% of capacity but 45% of…
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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…
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Outlook for Biogas and Biomethane Biogas and biomethane outlook to 2050
The landscape for biogases is very different now compared to our last Outlook in 2020, with total demand 32% higher in 2040 in the STEPS than in the New Policies Scenario at the time. Whereas natural gas prices in 2020 were at record lows, the Russian invasion of Ukraine in 2022 triggered interest in developing biomethane to substitute imported natural gas. The revised figure is driven in part by strengthened policy incentives, notably in Europe and China. There is a strong continued use case for biogases in the Outlook scenarios. Electricity's share in total final consumption increases from 20…
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Global Hydrogen Review 2026 Executive summary
The conflict in the Middle East has disrupted global production and trade of hydrogen-based products The Middle East is a major producer of hydrogen-based products, and the conflict has strongly impacted their production. The Middle East is home to around one-sixth of global hydrogen production, the majority dedicated to the production of chemicals, fertilisers and refined oil products. The region accounts for more than 10% of global refining capacity, ammonia and urea production, and close to 17% of methanol production. Several refineries and petrochemical plants have halted operations due to supply disruptions and the impossibility of exporting…
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Pledges to Progress 2025 Summary of results
The Turning Pledges into Progress framework contains a total of 25 metrics in three categories: 1) target setting (“Targets”), 2) strategies for implementation (“Strategies”), and 3) disclosure and reporting (“Disclosure”). Target setting comprises six metrics related to emissions reductions and investment in clean energy. All the signatories to the Oil and Gas Decarbonization Charter (OGDC) are assumed to have the aim of achieving these targets. Strategies for implementation comprise eight metrics that describe steps companies can take to achieve these targets; and disclosure and reporting comprises 11 metrics allowing stakeholders to assess how companies publicly report information relevant to achieving the OGDC goals…
