-
Electricity Mid-Year Update 2025 Supply: Renewables grow the most, followed by gas and nuclear
As highlighted in our annual Electricity 2025 report, low-emissions energy sources are reaching new milestones globally in our forecast period. Renewables are poised to surpass coal-fired generation, depending on weather trends and economic developments, either as early as 2025 or in 2026. As a result, coal’s share in total generation is set to drop below 33% for the first time in the last 100 years.Solar PV and wind energy are key drivers of this trend, with their combined share in global electricity generation expected to rise from 15% in 2024 to 17% in 2025 and to above…
-
Energy Efficiency Policy Toolkit The Energy Efficiency Policy Package
The Energy Efficiency Policy Package
-
Electricity Mid-Year Update 2025 Executive summary
Global electricity demand on course to expand robustly in 2025 and 2026 despite economic headwinds Global power demand is expected to rise much faster over the forecast 2025‑2026 period than it did during the past decade. While slower than the 4.4% surge in 2024, growth forecasts of 3.3% for 2025 and 3.7% for 2026 remain among the highest rates observed in the past decade and well above the 2015-2023 average of 2.6%. Despite a slowdown in economic activity, which has weighed on global electricity use so far in 2025, heatwaves continue to add to demand…
-
Global Methane Tracker 2025 Accelerating industry action
…progress in methane reductions. Reducing methane is the single-most effective and cost-efficient way for the industry to minimise overall emissions. The gains are not solely environmental: fossil fuel operations with lower emissions intensity are likely to have an increasing commercial advantage over higher-emitting sources. Upstream operators can improve their emissions performance through cost-effective abatement programmes Credibly reducing emissions from upstream assets should be a top priority. Upstream operations are not just the main source of emissions in the oil and gas industry – they hold the greatest potential for cost-effective abatement. We estimate that around…
-
Global Energy Review 2025 Coal
…reaching a new all-time high. The country now consumes nearly 40% more coal than the rest of the world combined, largely for power generation. Over one-third of all the coal consumed globally is burned by power plants in China. China’s influence in global coal market trends is unparalleled by any country for any type of fuel, with China’s share of global coal consumption now standing at 58%.In 2024, electricity demand in China was very strong, rising by 7% (or over 550 TWh). Despite huge solar PV and wind capacity additions in recent years – as well as…
- Key findings
- Global trends
- Oil
- Natural gas
-
+ 3 pages
-
World Energy Investment 2025 Middle East
…Middle East, together with the United States, accounted for nearly half of all new natural gas-fired financial investment decisions in 2024. The region also has growing contributions from renewables and nuclear, which have doubled their share since 2015 to reach almost 15% in 2024. Overall clean energy investment for generation is expected to be around USD 10 billion in 2025. The region is also responsible for the majority of global fossil fuel subsidies, which dwarf its total power investment. Mineral development is gaining momentum in the region with higher domestic exploration of lithium, copper and rare earth elements. However, Middle Eastern…
-
Portugal 2026 Policy recommendations for Portugal
Energy policy landscape 1. Adopt a national roadmap based on bottom-up sectoral agreements to support timely and cost effective emissions reductionsPortugal has established a clear long-term direction for its energy transition through the Roadmap for Carbon Neutrality 2050, the Basic Climate Law, and the National Energy and Climate Plan (NECP) 2030. The NECP commits to reducing GHG emissions by 55% by 2030 (vs. 2005 levels) and achieving climate neutrality by 2045. Strong progress has been made, with emissions down 43% in 2024, driven mainly by decarbonisation of electricity supply. Portugal is now entering a mid-transition, in which further…
-
Coal 2025 Trade
…Australia and Colombia are expected to experience export contractions, with volumes falling by 4 Mt and 11 Mt, respectively, largely due to persistently low international coal prices that continue to undermine production economics. Furthermore, South African exports are forecast to decline modestly by 1 Mt.Looking ahead to 2030, global thermal coal trade is expected to continue its downward trajectory to a level of 936 Mt. This trend is primarily driven by developments in China and India. In China slightly declining coal demand combined with strong domestic production is likely to reduce the need for imports. Similarly, India’s ongoing expansion of domestic thermal coal…
- Executive summary
- Demand
- Supply
- Trade
-
+ 2 pages
-
Coal Mid-Year Update 2025 Demand
Global coal demand grew by 1.5% in 2024 to reach an all-time high In 2024, global coal demand increased by 1.5% compared with 2023, reaching a new all-time high of 8.79 Bt. This represents a continuation of the upward trend in coal consumption, albeit at a slower pace than growth rates of 4.4% in 2022 and 2.3% in 2023.The increase in 2024 was primarily driven by emerging economies in Asia, particularly China and India. China recorded the largest absolute growth, with demand rising by 82 Mt (1.7%) while India’s consumption…
-
Renewables 2022 Renewable heat
…to a lesser extent, cooking. The remainder is used in agriculture, primarily for greenhouse heating. The heating sector is largely dominated by fossil fuels, with renewable energy sources meeting less than one-quarter of global heat demand in 2021 (and the traditional use of biomass makes up half this amount).With the global economy rebounding in 2021, heat consumption increased by 4% year-on-year, exceeding the pre-pandemic level and reaching a record-high 219 EJ. Excluding the traditional use of biomass, modern renewables fuelled just 13% of this growth, leaving the share of modern renewables in global heat consumption…
