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Financing Electricity Access in Africa State of play
…low-cost debt, with a notable shift away from grants in recent years. New initiatives, including the World Bank and African Development Bank’s Mission 300, aim to increase the level of public capital for access projects, and are already showing momentum.Allocations to electricity access in African governments’ national budgets reached USD 1.9 billion in 2025 – around a third of total energy budget allocations. Much of this financing is channelled through government agencies and state-owned utilities. However, utilities across the region face financial pressures due to high operational costs, low tariffs and collection rates, hindering their ability…
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Energy System Resilience Executive summary
Ensuring the resilience of energy systems – or their capacity to prepare for disruptions, withstand shocks while maintaining operations, and rapidly restore service – plays a key role in managing many of today’s emerging security risks, from weather disruptions to geopolitical tensions. Energy security encompasses both long-term adequacy through infrastructure investment and diverse supply sources, and short-term resilience for events beyond standard planning conditions. While countries face different threats – from extreme and severe weather to cyberattacks and infrastructure failures – a common challenge is to design adaptable systems that can respond rapidly, isolate affected components, and restore supply services swiftly…
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World Energy Investment 2025 Eurasia
…Asia’s largest oilfield, which is operated by Tengizchevroil. Investment in 2025 reaches a level similar to that of 2020, at an amount of around USD 143 billion. Despite fossil fuel investment maintaining a significant share of overall energy investment, Eurasia's upstream oil and gas investment is projected to be around USD 54 billion by 2025, around half of 2015 levels. This decline is particularly evident in greenfield projects, where investment has fallen from around 50% in 2015 to less than 20% in 2025. Around 75% of oil and gas upstream investment in the region is made by Russia. Low oil prices have…
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Saving Energy
Today's energy shortages and high prices makes it more important than ever to use energy wisely With today’s global energy crisis resulting in high prices and shortages that are hurting consumers, businesses and entire economies, it has never been more important to use energy more wisely. We can do this through simple changes in behaviour and habits to consume less energy in our daily activities. We can also save energy by investing in more energy efficient products that reduce both our energy bills and our environmental footprint. Energy saving tips 7 ways to save energy 1. Heating: turn…
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Coal Mid-Year Update 2025 Overview
…use decreased by 0.8%.China plays a unique role in global coal markets. It accounts for 56% of global coal consumption – almost 30% more than the rest of the world combined. One of every three tonnes of coal consumed globally is used in Chinese power plants, making China and its power sector the largest single driver of global coal demand. In 2025, global coal demand is set to remain around 2024 levels In the first half of 2025, global coal demand is estimated to have decreased slightly, by less than 1%, amid fluctuating trends across different regions. In China…
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Hong Kong
Hong Kong
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
![Hong Kong Flag]()
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Coal 2025 Prices and costs
Prices Coal prices averaging lower in 2025 than in previous years After unprecedented prices in 2021 and 2022 amid the energy crisis, coal prices continued to be higher than the pre-Covid levels throughout 2023 and 2024. Prices for different coal qualities generally move in tandem, as partial substitution is possible. Thermal coal is mainly consumed in power generation and in this section is classified into low-CV (CV below 4 200 kcal/kg), mid-CV (CV between 4 200 kcal/kg and 5 700 kcal/kg) and high-CV (CV above 5 700 kcal/kg) categories. In some cases, direct substitution between grades is feasible, and blending…
- Executive summary
- Demand
- Supply
- Trade
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+ 2 pages
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World Energy Investment 2025 European Union
Energy investment in the European Union has shifted over the past decade to low-emissions generation. Grid investment is key to EU price convergence and market stability In the past decade, the European Union (EU) has increased its commitment to clean energy, with investment reaching almost USD 390 billion in 2025. Investment in low-emissions electricity was driven by the global energy crisis that followed Russia’s full-scale invasion of Ukraine in 2022, subsequent favourable policy incentives and the declining cost of renewable technologies. In 2024 renewables generated 50% of electricity used in the EU, while fossil fuels accounted…
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Ukraine’s Energy Security As Ukraine heads into another heating season, six measures can help improve energy security
Air defence remains the best method to protect Ukraine’s critical energy and civilian infrastructure. However, there are other steps that can be taken to increase Ukraine’s energy security ahead of and during the coming winter. The IEA proposes six key actions for Ukraine and its partners to help address ongoing energy security challenges. Action 1: Boost protections for critical energy infrastructure and continue improving equipment supply chains Strengthening the security of critical energy infrastructure across Ukraine is vital to maintaining capacity this winter. A multilayered defence strategy, whereby air defence is combined with passive defence measures, can serve…
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Global Energy Review 2026 Technology: Heat pumps
Global heat pump sales fell by about 2% in 2025. Sales in China and Japan were largely flat, while Europe saw a strong return of demand. Sales in the United States declined.In China, heat pump sales stayed broadly stable. Reversible air conditioners (used as primary heating equipment) make up about half the Chinese heat pump market, and while record-breaking sales of air conditioners supported strong demand in the first half the year, they fell sharply in the second half. Sales of air-to-water and hot water heat pumps, which make up the remainder of the market, remained…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
