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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.
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Ronan Graham
Senior Energy Security Analyst.
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What Next for the Global Car Industry The importance of the growth in EV sales for the car industry
Highlights In 2024, more than one-fifth of all cars sold globally were electric. Policies remain key to growth in many regions, although falling prices make affordability an increasingly important driver. In China, two-thirds of battery electric cars sold in 2024 were cheaper than internal combustion engine (ICE) equivalents. In other major markets like Europe and North America, electric cars remain more expensive on average. But prices have been falling in many emerging economies on the back of affordable Chinese imports; in Southeast Asia, this helped push the share of electric car sales to 9% in 2024, almost double…
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Drastically Reducing Methane Emissions in Global Fossil Fuel Sector
Led by the United Kingdom, the Statement on Drastically Reducing Methane Emissions in Global Fossil Fuel Sector was signed by Canada, France, Germany, Japan, Kazakhstan, Norway, and the United Kingdom, with support from the European Commission, IEA, and OLADE at COP30 in Brazil. The Statement presents a shared commitment to achieve near zero methane emissions across the fossil fuel sector. The Statement outlines 6 actions to accelerate methane reductions in the fossil fuel sector:Implementation of robust measurement, monitoring, reporting and verification (MMRV)Effective use of market signals, including rewarding producers who act quickly and transparently Ending routine flaring and venting…
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Second auction of European Hydrogen Bank (EHB)
EUR 1.2 billion total, with EUR 200 million for maritime. Max EUR 250 million per project, €4/kg ceiling, 10-year subsidy. Only price is considered. Limits: 25% Chinese stacks, 2.5 years to financial close, 5 years to operation.
Final results:
EUR 992 million to 15 projects, 2.3 GW, 220 ktpa average
Bid prices: €0.2–0.6/kg
12 general (8 Spain, 2 Germany, 1 Finland, 1 Netherlands)
3 shipping (all Norway)
Grants signed by Oct 2025 -
Nordic Investment Bank loans for energy transition projects
In 2023, the Nordic Investment Bank (a regional public development bank funded by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden) approved a strategy to allocate the equivalent of USD 325 million to energy transition projects, backed by the European Union. In 2024, it signed a 7-year loan of around USD 50 million for hydrogen-powered and electric boats; and 12-year loans of around and USD 60 million for hydrogen-based steel production (alongside investment by the EIB).
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EU Emission Trading System (EU-ETS)
Cap and trade system with the objective of cost-optimisation of CO2 reduction efforts. Presently in its third phase 2013-2020. A major revision was laid down in Directive 2009/29/EC. Under this revised EU ETS Directive, a single ETS cap covers the EU Member States and three participating non-EU countries (Norway, Iceland and Liechtenstein), while there are no further individual caps by country. Allowances allocated in the EU ETS from 2013 to 2020 decrease by 1.74% annually, starting from the average level of allowances issued by Member States for the second trading period (2008–2012).
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Hydrogen Production for Maritime Transport 2027
The scheme allows for EUR 30 million per undertaking per investment project. The scheme will run from 29 April 2024 until 31 December 2025. The annual budget for the Scheme is estimated to maximum 1500 MNOK. Norwegian clean energy agency Enova SF announced that it will provide NOK 777 million (USD 70.8 million/EUR 65 million) to support five hydrogen production projects along Norway's coast. These projects are intended to supply fuel for Norwegian ships.
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Pilot-E
…fast track from concept to market” for a broad range of participants from the research community, industry, and the public. It was set up by the Norwegian Research Council (RCN) under the ENERGIX programme together with Innovation Norway and ENOVA after a call from the Norwegian ministries to the nation al research agencies to improve the inter-agency coordination and focus their support on the energy transition and the associated business models. Funding is granted phase-by-phase on a performance basis, i.e. a PILOT-E project receives funding for the next phase after it has met the objectives…
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SkatteFUNN R&D
The SkatteFUNN R&D tax incentive scheme is a government program designed to stimulate research and development (R&D) in Norwegian trade and industry. The incentive is a tax credit and comes in the form of a deduction from a company’s payable corporate tax. To be eligible for the program, companies need to be based in Norway and liable to pay corporate tax to Norway. Furthermore, the company must seek to develop a new or improved product, service, or production through a dedicated R&D project that will generate new knowledge, skills, and capabilities within the…