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Flagship report
Mar 2025
Global Energy Review 2025 CO2 Emissions
…for 70% of the total volumetric increase in oil use. Carbon emissions trends varied widely across regions Emissions trends between regions diverged in 2024. CO2 emissions grew in emerging market and developing economies and international aviation and marine bunkers, outweighing reductions from advanced economies led by the European Union, Japan and the United States.In emerging market and developing economies, energy-related CO2 emissions increased by 1.5% (375 Mt CO2) in 2024, driven by rising energy demand associated with rapid economic and population growth. Emissions from coal rose by 2%, while natural gas emissions increased by 3.7% and…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 3 pages
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Flagship report
Oct 2022
World Energy Outlook 2022 Outlook for energy demand
…43% of electricity generation worldwide in 2030, up from 28% today. Oil demand rises 0.8% per year to 2030, but peaks soon after at around 103 million barrels per day as electric vehicles (EVs) and efficiency gains undermine its prospects.The tone for accelerated clean energy development this decade in advanced economies is being set by new policy packages and government plans and targets, notably those set out in: Inflation Reduction Act (United States); RePowerEU plan and Fit for 55 package (European Union); Climate Change Bill (Australia); and GX Green Transformation (Japan). While not all national energy and emissions targets…
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Country report
Dec 2025
China’s Official Energy Finance in Emerging and Developing Economies Case 2. Southern power grid’s acquisition of Enel Peru distribution assets
Project overview and impact Latin America’s power systems face a growing need to modernise their electricity networks as clean energy deployment accelerates. While the region has seen a 25% increase in clean energy investment since 2015, grid spending has not kept pace, with less than USD 0.5 invested in networks and storage for every dollar spent on new generation. Strengthening distribution systems, especially in rapidly expanding urban areas, is essential to integrate more renewables. Peru is no exception. Although its electricity demand has grown steadily, network modernisation has lagged behind regional leaders, and the expansion of renewable capacity…
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Fuel report
Apr 2026
Gas Market Report, Q2-2026 Executive summary
…imports rose to an all-time high over the 2025/26 winter, solidifying LNG’s position as a structural source of baseload supply in the region amid lower piped gas imports and declining domestic output. The 2025/26 heating season witnessed several cold spells, which resulted in near-record-breaking demand spikes across key markets in the northern hemisphere. This includes Winter Storm Fern in the United States, Storm Goretti in Europe and the East Asia cold wave in China. These events highlight the critical importance of gas supply flexibility for energy security, including in markets that are increasingly re...
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Fuel report
Mar 2026
Sheltering From Oil Shocks Cooking fuels
LPG demand accounts for around 10% of global oil demand and is used by many households for cooking. The conflict has caused major disruptions to LPG supply chains. With natural gas processing operations halted in parts of the region and flows through the Strait of Hormuz having come to a standstill, LPG supplies for cooking use have been severely curtailed, both locally and at export destinations. Next to measures to free up LPG capacity from other uses, such as in transport or industry, to prioritise domestic use, there are also actions to directly reduce cooking fuel demand. 9. Where possible…
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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…
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Flagship report
Mar 2026
Energy Technology Perspectives 2026 Energy technology manufacturing and trade
Recent trends Global investment in manufacturing capacity for six clean energy technologies – solar photovoltaic (PV), wind, batteries, electric vehicles (EVs), electrolysers and heat pumps – dropped below USD 200 billion in 2024, down from nearly USD 220 billion in 2023. This downwards trend is estimated to have continued in 2025, mainly due to weaker solar PV and wind manufacturing investment in China. The United States and the European Union are estimated to have accounted for around 30% of global manufacturing investment combined in 2025, up from 15% in 2023, marginally increasing global supply chain diversification. After dipping in 2024, global trade in clean energy technologies recovered in…
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Country report
Dec 2025
China’s Official Energy Finance in Emerging and Developing Economies Dashboard
Overview The dashboard provides an interactive view of Chinese official-sector financing for energy across EMDE, enabling users to explore project-level data by year, recipient country or region, technology, instrument, provider type and currency (when applicable). Developed to bring greater understanding of China’s diverse financing channels, the dashboard allows users to filter and compare flows in either USD (2024, MER) or by project count. It is designed to complement the analysis in this report and to support deeper understanding of how different institutions and instruments shape China’s role in EMDE energy finance.Use the filters to explore…
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Flagship report
Apr 2026
Global Energy Review 2026 CO2 emissions
Energy sector emissions continued to rise in 2025, but regional trends varied markedly Global growth in energy-related CO2 emissions slowed in 2025, rising by around 0.4%, the slowest rate since 2021. Despite this slowdown, total energy-related CO2 emissions increased by around 145 million tonnes (Mt) in 2025, reaching a new high of nearly 38.4 billion tonnes (Gt), and 5% above 2019 levels. The increase coincided with record atmospheric CO2 concentrations of about 427 parts-per-million (ppm), roughly 2.4 ppm higher than in 2024 and around 50% above pre-industrial levels.Emissions from fuel combustion…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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