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Topic
The Middle East and Global Energy Markets
The IEA is responding to the energy market impacts of the conflict in the Middle East and continues to closely monitor the latest developments.The disruption to oil and gas flows through the Strait of Hormuz and attacks on energy infrastructure across the region have major implications for energy security and affordability – and for the world economy. The IEA's Executive Director has said the combined impacts amount to "the greatest threat to global energy security in history." The war in the region that began on 28 February has impeded energy trade flows through the Strait, creating the largest supply disruption in…
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Contributor
Cesar Alejandro Hernandez
Former Head of Renewable Integration and Secure Electricity Unit.
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Topic
Climate Change
The IEA and the UNFCCC are building consensus on actions to deliver 1.5 °C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions under the Paris Agreement – while deepening existing cooperation on data and capacity building. The IEA and the UNFCCC are building consensus on actions to deliver 1.5 °C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions under the Paris Agreement – while deepening existing cooperation on data and capacity building. The global energy system is the bedrock of modern economies and societies – providing power to everywhere we live and work…
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Contributor
Henri Paillere
Head, Planning and Economic Studies Section at International Atomic Energy Agency (IAEA).
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Fuel report
Jun 2026
Global Hydrogen Review 2026 Production
Global hydrogen production remains dominated by unabated fossil fuels. Low-emissions hydrogen production reached almost 1 Mt in 2025 and is expected to register record growth in 2026, accounting for more than 1% of global production, strongly concentrated in China, Europe and North America.Installed electrolysis capacity doubled in 2025 to surpass 4 GW, thanks to the commissioning of several large-scale projects in China. More than 2.5 GW are under construction, targeting operation in 2026. Growth is expected mostly in Europe, with 2 GW, but is highly concentrated in a small number of big projects.One large project for production from fossil…
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Flagship report
Apr 2026
Global Energy Review 2026 Technology: Battery storage
Battery storage is the fastest growing power technology today. In 2025, 108 GW of new battery storage capacity was deployed worldwide, 40% more than in 2024. Installed capacity is now eleven times higher than in 2021. Lithium‑iron phosphate (LFP) batteries now account for around 90% of deployments; while less energy‑dense than rival chemistries commonly used in EVs, LFP batteries are typically cheaper and better suited to more frequent cycling. Just five years ago, the market share of LFP batteries in deployments was well below 50%. Around 80% of new battery capacity in 2025 was utility‑scale. The remainder was behind-the…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Flagship report
Mar 2025
Global Energy Review 2025 CO2 Emissions
Energy sector carbon emissions reached a new record in 2024 Total energy-related CO2 emissions increased by 0.8% in 2024, hitting an all-time high of 37.8 Gt CO2. This rise contributed to record atmospheric CO2 concentrations of 422.5 ppm in 2024, around 3 ppm higher than 2023 and 50% higher than pre-industrial levels. In 2024, CO2 emissions from fuel combustion grew by around 1% or 357 Mt CO2, while emissions from industrial processes declined by 2.3% or 62 Mt CO2. Emissions growth was lower than global GDP growth (+3.2%), restoring the decades-long trend of decoupling emissions…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages