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The energy crisis creates even stronger impetus for EU electrification
…affordability, and emissions reductions. The closure of the Strait of Hormuz has highlighted the risks of over-dependence on imported fuels and concentrated supply routes, making the case for electrification even stronger.In the EU, around 70% of electricity generation is already supplied from domestic, low-emissions sources. And yet end-users (industry, buildings and transport sectors), source less than one quarter of their energy consumption from electricity. Today, around two-thirds of end-use energy consumption relies on fossil fuels, of which the EU imports more than 80%.This commentary is the first in a series examining the case…
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Delivering on the EU’s electrification ambitions
…Commission has proposed establishing an Industrial Development Bank to mobilise EUR 100 billion, of which a first EUR 1 billion auction has started. As low- and medium-temperature heat accounts for only around one-third of the EU’s total industrial energy demand, policy support is also emerging for the electrification of higher-temperature processes: 9 of the 15 projects which won funding in the first round of Germany’s Carbon Contracts for Difference Auction aim to use electricity to supply heat at temperatures above 150⁰C.In buildings, reaching the economy-wide target would see the electrification rate increase to…
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Fossil Fuels
Fossil Fuels
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Brazil 2025 Executive summary
…as a leader in the global energy transition. Its vast renewable energy resources, strong biofuels sector and ambitious climate commitments offer distinct advantages in the low-carbon economy. The country has introduced a comprehensive National Energy Transition Policy (PNTE) aimed at achieving net zero greenhouse gas (GHG) emissions by 2050, supported by the Energy Transition Plan (PLANTE) and the Energy Transition Forum (FONTE). In 2024, the country also launched the Low-Carbon Hydrogen Law, the Brazilian Greenhouse Gas Emissions Trading System Law, the Fuel of the Future Law and the Energy Transition Acceleration Program, further boosting momentum for the energy transition…
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Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security
…on the one hand, and turning more to domestically available resources, on the other. These range from renewables and nuclear to coal, oil and gas, in some cases – as well as broader measures to strengthen electricity systems, expand electrification and accelerate energy efficiency.”The report projects that global energy investment will reach $3.4 trillion in 2026, a slight increase year-on-year. Around $2.2 trillion is expected to go to grids, storage, low-emissions fuels, nuclear, renewables, efficiency and electrification in 2026, while around $1.2 trillion is set to be invested in oil, natural gas and coal…
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How the crisis is reshaping energy investment
…and the Middle East, where the impacts of the disruptions to shipping flows through the Strait of Hormuz have been felt most acutely.
The report projects that global energy investment will reach $3.4 trillion in 2026, a slight increase year-on-year. Around $2.2 trillion is expected to go towards grids, storage, low-emissions fuels, nuclear, renewables, efficiency and electrification in 2026, while around $1.2 trillion is set to be invested in oil, natural gas and coal.
Despite higher oil prices, oil investment is expected to decline for a third consecutive year in 2026. The report finds…
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What it would take to unlock the next phase of hydrogen growth
…their potential to reduce greenhouse gas emissions and diversify energy supply, particularly in countries that have a large dependence on fossil fuel imports.Low-emissions hydrogen production – or the production of hydrogen from low-emissions electricity via water electrolysis, from bioenergy or from fossil fuels in combination with carbon capture and storage – is still at an early stage today. But it saw impressive momentum in the early 2020s, when a wave of ambitious government commitments was met with a vigorous response from the private sector, which spearheaded the announcement of hundreds of low-emissions hydrogen production projects.This created high…
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Solar PV
Solar PV continues to dominate global renewables growth, though at a slower rate
Recent policy changes are expected to affect the pace at which solar PV capacity is added annually through the end of this decade. Even so, low costs, faster permitting and broad social acceptance are set to continue to drive the accelerating adoption of solar PV. As a result, capacity is set to more than double between 2025 and 2030 compared with the 2019 to 2024 period.
A growing share of variable renewable sources such as solar also comes with challenges. Curtailment levels and instances of negative electricity…
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Nuclear Power
A new era for nuclear energy beckons as projects, policies and investments increase
As the world’s second-largest source of low-emissions electricity after hydropower, nuclear power today produces just under 10% of global electricity supply. Now, fresh momentum around the world has the potential to open a new era for nuclear energy.
Power generation from the global fleet of nearly 420 active nuclear reactors is set to reach a record high in 2025 as Japan restarts production, maintenance works are completed in France, and new reactors begin commercial operations in various markets, including China, Europe, India and Korea…
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From farms to fuel: Ukraine’s biomethane opportunity for energy security and European decarbonisation
Ukraine biomethane A strategic opportunity for biomethane in Ukraine In 2025, Ukraine exported biomethane to the European Union (EU) for the first time – a milestone that opens an opportunity to scale-up domestic low-emissions gas. Home to the largest agricultural land area in Europe, Ukraine has the resource potential to become one of the continent’s leading biomethane producers, supplying both its domestic market and the EU via an already existing pipeline infrastructure.The first exports of biomethane come at a critical moment. Repeated Russian attacks on Ukrainian energy infrastructure have exposed the vulnerabilities of centralised energy supply. Although…