-
Flagship report
Apr 2025
Energy and AI Energy demand from AI
What is a data centre? Artificial intelligence (AI) model training and deployment occur mainly in data centres. Understanding the role of data centres as actors in the energy system first requires an understanding of their component parts. Data centres are facilities used to house servers, storage systems, networking equipment and associated components that are installed in racks and organised into rows. This IT equipment, and a range of auxiliary equipment required to keep it in working order, comprise the following:Servers are computers that process and store data. They can be equipped with central processing units (CPUs) and specialised accelerators…
-
Fuel report
Feb 2026
Electricity 2026 Demand
The Age of Electricity has arrived, underpinned by strong demand growth As the Age of Electricity moves apace, demand is on a solid upward trajectory in our five-year forecast period from 2026 to 2030. Amid robust growth, the next five years will add on average 50% more electricity demand per year than over the past decade. The brisk pace will be supported by growing industries, electric vehicles, space cooling, and data centres, among many other end uses. Electricity consumption is now projected to grow at least 2.5 times faster than overall energy demand, hastening the world’s transition…
- Executive summary
- Demand
- Supply
- Grids
-
+ 4 pages
-
Technology report
May 2025
Global Critical Minerals Outlook 2025 Innovation in mining, refining and recycling to promote diversification
New technologies in mining, refining and recycling hold major potential to scale up diversified supplies Continued growth in mineral demand in the coming decades calls for substantial contributions from supply sources that are sustainable and minimise losses and waste. However, progress on upstream and midstream, or “supply-side”, innovations has been lagging. Building resilient and responsible mineral supply chains will require efforts to scale up new technologies that can increase supply volumes, improve the energy efficiency of production processes, and reduce water consumption, waste generation and emissions all along the supply chain. These innovations can help achieve various policy goals…
-
Flagship report
Mar 2025
Global Energy Review 2025 Global trends
Energy demand accelerates, with electricity leading the way Different elements of the world’s energy system saw very different rates of growth in 2024, reflecting both the impact of short-term factors and deeper structural trends. Global energy demand grew by 2.2% in 2024, a notably faster rate than the annual average of 1.3% seen between 2013 and 2023. This uptick was partly due to the effect of extreme weather, which we estimate added 0.3 percentage points to the 2.2% growth. Despite this, energy demand grew more slowly than the global economy, which expanded by 3…
- Key findings
- Global trends
- Oil
- Natural gas
-
+ 3 pages
-
Flagship report
May 2025
Global EV Outlook 2025 Outlook for energy demand
Electricity demand Electric vehicles could account for more than 4% of European electricity demand by 2030 In 2024, the global fleet of EVs consumed around 180 TWh of electricity, almost 60% more than the previous year. To put this in perspective, 180 TWh is more than the annual electricity consumption of Argentina. At the global level, EVs represented about 0.7% of final electricity consumption in 2024.The stock of EVs is set to more than triple to 2030, but electricity demand could increase more than fourfold, reaching 780 TWh in the STEPS. This is driven by increasing consumption from electric trucks, as…
-
- Executive summary
- Hydrogen
- Road transport
- Steel
-
+ 3 pages
-
Country report
Sep 2023
Financing Clean Energy in Africa Mobilising capital for a sustainable future
Summary To mobilise the over USD 200 billion needed annually by 2030 under the Sustainable Africa Scenario (SAS), the full range of capital sources need to be deployed. Increasing concessional funding while simultaneously mobilising more private capital must be a priority; in parallel, strengthening domestic financial systems is vital to create sustainable long-term financing options.Despite their importance, the amount of concessional funds is not increasing in Africa. They are also failing to target some of the riskiest areas where they are most necessary, such as early-stage project financing, new technologies, and fragile or conflict-prone countries. It is urgent…
-
Contributor
Nick Johnstone
Chief Statistician. Nick Johnstone took up his duties as Chief Statistician and Head of the Energy Data Centre in February 2019. Previously he provided support to the work of the Committee on Industry, Innovation and Entrepreneurship (CIIE) in the Directorate for Science, Technology and Innovation at the OECD. He began his career at the OECD 1999, taking up the position of Head of the Empirical Policy Analysis Unit in the Environment Directorate. He previously held positions as a Research Associate at the International Institute for Environment and Development, and as a Research Officer at the Department of Applied Economics of the University of Cambridge. He holds a PhD in Economics from the University of Cambridge (UK), and has published widely in leading journals in the areas of energy, innovation, and environmental economics.
-
Contributor
Nadim Abillama
Clean Energy Transition Programme Officer - MENA. Nadim Abillama is the Middle East and North Africa programme officer at the International Energy Agency, working on the IEA’s engagement with the region. Prior to this role, he has worked in international strategy consulting in the government and energy sectors.
-
Policy report
Oct 2025
Scaling Up Transition Finance What is transition finance?
Developments and current status Many energy investments defy a simple binary classification between “clean” and “dirty”: there are also the “in-between” investments that can deliver material emissions reductions but that do not bring emissions to zero. These investments have historically been difficult to categorise due to differences in energy pathways and timeframes across regions and have been the subject of debate, including over whether and how they should be supported.Transition finance refers to financial activities that can contribute to emissions reductions, particularly in hard-to-abate sectors as well as in emerging market and developing economies (EMDE) where…