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Contributor
Tom Howes
Former Head of Energy and Environment Division. Tom Howes is the head of the Energy and Environment Division at the International Energy Agency (IEA). His work involves leading the division analysing carbon pricing and other energy and climate policies, promoting best practice with IEA countries, COP26 and UN and bringing all the IEA’s energy transition expertise and analysis on projections, technologies and policies to the support of successful COP outcomes.
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Fuel report
Jan 2026
Gas Market Report, Q1-2026 Executive summary
The unfolding LNG wave is expected to drive stronger gas demand growth in 2026 2025 was a transitional year for natural gas markets. While supply fundamentals remained tight in the first half of the year, strong LNG production growth gradually eased market conditions starting from July. Following a relatively strong increase in 2024, global gas demand growth slowed markedly in 2025 due to a combination of weaker industrial activity and relatively high spot LNG prices in the first half of the year. Market opening reforms continued to gather pace in Asia while the European Union reached a historic decision to…
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Policy report
Jun 2026
Energy Efficiency Policy Toolkit Clean Efficient Cooking
Clean Efficient Cooking
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Flagship report
Apr 2025
Energy and AI Executive summary
…was also enriched by an in-depth process of consultation with policy makers, the tech sector, the energy industry and other experts. Data centres account for a small share of global electricity consumption today, but their local impacts are far more pronounced Global investment in data centres has nearly doubled since 2022 and amounted to half a trillion dollars in 2024. This investment boom has led to growing concerns about skyrocketing electricity demand.Data centres accounted for around 1.5% of the world’s electricity consumption in 2024, or 415 terawatt-hours (TWh). The United States accounted for the larges...
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Fuel report
Dec 2021
Renewables 2021 Biofuels
…and which fuels grow quickest. The combination of these influences pushes Asian biofuel production past that of Europe during the forecast period. Policies in the United States and Europe help demand for renewable diesel (also known as hydrogenated vegetable oil [HVO] in Europe) to nearly triple. The factors influencing biofuel demand are all subject to uncertainty. For example, some governments have responded to the current high price of feedstock by relaxing or delaying biofuel blending mandates, with the effect of reducing demand. However, over the medium term, major policy discussions in the United States, Europe, India and People’s Republic…
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Technology report
Nov 2025
What Next for the Global Car Industry Timeline of corporate strategies
This infographic tracks the evolution of corporate strategies for electrification and electric car sales from some of the world’s biggest carmakers and pure-play electric car manufacturers.
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Policy report
Oct 2025
Scaling Up Transition Finance Executive Summary
Successful transitions need finance that goes where the emissions are Actions by the world’s most emissions-intensive sectors, companies, and countries are crucial to placing the world on a sustainable pathway. Yet, investments that could deliver meaningful reductions in their environmental footprint often do not receive sufficient financial support. Currently, finance is drawn heavily to certain “green” assets and activities—most prominently renewable power. While vital, these investments alone cannot deliver all the changes needed to cut global emissions, especially in areas where clean technologies are not yet commercially available or cost competitive. This is where transition finance comes…
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Flagship report
Nov 2025
World Energy Outlook 2025 Implications of CPS and STEPS
Between continuity and change By 2035, energy demand in the Current Policies Scenario (CPS) is around 35 exajoules (EJ) higher than in the Stated Policies Scenario (STEPS), a difference roughly equivalent to the current annual energy demand of the Middle East. All the extra energy required in the CPS compared to the STEPS comes from oil, natural gas and coal. In the absence of renewed geopolitical disruptions, markets for oil and natural gas appear well supplied in the coming years. But production from existing oil fields declines at a rate of 8% per year, if no investment is made, so it…