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The energy crisis creates even stronger impetus for EU electrification
draft title Electrification is central to meeting the European Union’s goals on energy security, competitiveness, 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…
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Financing Electricity Access in Africa Executive summary
…absolute number of people without access has stalled in recent years, with the rate of improvement failing to fully recover to pre-pandemic levels. Fewer than 19 million people gained access in both 2023 and 2024, compared with 23 million in 2019.Even when connections are available, high costs often place electricity out of reach for low-income households. A cost-effective mix of grid expansion and decentralised solutions, such as mini-grids and stand-alone systems, offers a viable pathway to expand electricity accessibility. However, investment and financing remain significant barriers. Finance for electricity access is scarce and relies…
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Businesses see competitive value of energy efficiency, but smaller firms struggle to access solutions
CEOs value energy efficiency, but SMEs struggle to benefit Energy efficiency is a strategic asset for industrial competitiveness. For companies facing tight margins, volatile energy prices and intensifying global competition, reducing energy waste is not only a cost-saving measure, but also a way to protect productivity, manage risk and strengthen their position in global markets. Yet not all firms have the same capacity to quickly improve their energy efficiency.New analysis of the 2025 IEA Industrial Competitiveness Survey – which covered 1 000 companies across 14 countries – shows that business leaders view energy efficiency as closely linked to their competitive performance…
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Why the growth of energy service companies is uneven globally
ESCO The global annual ESCO market growth rate has more than doubled over the past five years Energy efficiency is one of the most cost-effective tools for enhancing energy security, reducing household energy bills and supporting countries’ efforts to reduce emissions. Energy service companies (ESCOs) – firms that develop and implement energy efficiency projects typically financed through verified energy savings – are playing a growing role in delivering energy efficiency improvements across buildings, industry and transport infrastructure worldwide. By integrating project development, financing and performance guarantees, ESCOs can offer a proven way to reduce upfront investment barriers and shift technical and…
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Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
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Subscriptions Data and statistics
Work with the data behind IEA analysis Access trusted data on global energy markets and emissions using the IEA’s subscription services. Available to view and/or download online, our specialised datasets and databases support energy analysis, forecasting, benchmarking and evidence-based decision-making worldwide.Explore the full catalogue of IEA data products on our website here. And for more information about subscription access, ...
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Asset values
…or renters. Increasing the quality of a rented space through energy efficiency can achieve increased thermal, noise and light comfort; improved health, safety and security, and reduced energy bills and operational costs. These benefits can result in improved tenant satisfaction and improved ability to rent the space.Rent increases associated with the retrofit should be in line with energy cost savings to maintain affordability. Policy tools, such as mandatory energy performance ratings, financial incentives and tenant protections, can help ensure that asset value gains benefit both owners and occupants, especially vulnerable groups such as low-income households. Meanwhile, a landlord…
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Tanzania
Electricity access in Tanzania increased from around 13% in 2008 to 32% in 2017. The government is supporting the private sector to develop its electricity market, enhancing the role of renewable energy in the energy mix and increasing rural electricity access.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global EV Outlook 2025 Trends in electric car affordability
…this price distribution was reflected in sales, with the median price paid for a battery electric car standing at around USD 24 000, about USD 700 less than for an ICE car. This trend towards a larger share of more affordable models is expected to continue in the short term, as 60% of announced models with a known price are expected to launch below the USD 30 000 mark.Contrasting trends were also seen in the affordability of plug-in hybrids. In China, prices for medium PHEVs dropped 15% from 2023 to 2024, and SUV-type PHEV prices fell 7% over the same perio...
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Data and statistics
Energy data collection and training is at the heart of the IEA’s work IEA: A Global Authority on Energy Statistics Consistent, accurate and timely energy data and statistics are fundamental to developing effective energy policies and advancing global energy security, affordability and sustainability. The IEA is the world’s most authoritative and comprehensive source of energy data, supporting governments, industry, investors, researchers, civil society and other decision makers around t...
