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Fuel report
Feb 2026
Electricity 2026 Demand
The Age of Electricity has arrived, underpinned by strong demand growth As the Age of Electricity moves apace, demand is on a solid upward trajectory in our five-year forecast period from 2026 to 2030. Amid robust growth, the next five years will add on average 50% more electricity demand per year than over the past decade. The brisk pace will be supported by growing industries, electric vehicles, space cooling, and data centres, among many other end uses. Electricity consumption is now projected to grow at least 2.5 times faster than overall energy demand, hastening the world’s transition…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Policy report
Oct 2025
Financing Electricity Access in Africa Beyond new connections
Providing an affordable, equitable and quality service Affordability constraints can prevent households from gaining access to electricity or from taking advantage of electricity services once a connection is made. An estimated 220 million people in sub-Saharan Africa (around 40% of those without access) would find the basic bundle unaffordable, rising to 400 million for the essential bundle (65% of those without access). Filling this affordability gap would cost an additional USD 2-10 billion per year, via supply-side subsidies to reduce developer costs, demand-side subsidies to reduce consumer costs, or reductions in financing costs.The cost of capital for electricity access projects…
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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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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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Flagship report
May 2025
Global EV Outlook 2025 Executive summary
Electric car sales continue to break records globally, particularly in China and other emerging economies Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%. Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020. China maintained its lead, with electric cars accounting for almost half of all car sales in 2024; the over 11 million electric cars sold in China last year were more than global sales just 2 years earlier. As a result of…
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Report
Feb 2026
Energy System Resilience Executive summary
Ensuring the resilience of energy systems – or their capacity to prepare for disruptions, withstand shocks while maintaining operations, and rapidly restore service – plays a key role in managing many of today’s emerging security risks, from weather disruptions to geopolitical tensions. Energy security encompasses both long-term adequacy through infrastructure investment and diverse supply sources, and short-term resilience for events beyond standard planning conditions. While countries face different threats – from extreme and severe weather to cyberattacks and infrastructure failures – a common challenge is to design adaptable systems that can respond rapidly, isolate affected components, and restore supply services swiftly…
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Policy
Canada
2018
Regulations Limiting Carbon Dioxide Emissions from Natural Gas-fired Generation of Electricity (SOR/2018-261)
The regulations for natural gas-fired electricity complement the coal-fired electricity regulations and ensure that new natural gas-fired electricity generation uses efficient technology. The regulations encourage companies to convert their coal units to natural gas ahead of their end-of-life under the amended coal regulations, while also providing assurance that higher emitting coal-to-gas converted units will be phased out more rapidly than better performers.
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Policy
People's Republic of China
2023
Notice of the Action Plan for Continuous Improvement of Air Quality
…and no new coal-fired boilers will be allowed in key areas except for central heating. By 2025, cities failing to meet PM 2.5 standards must eliminate coal-fired boilers with a capacity of 10 tons of steam per hour or less. Key areas must eliminate boilers with a capacity of 35 tons of steam per hour or less, as well as coal-fired equipment used in industries such as tea processing, commercial cooking, grain storage, and agricultural processing. Additionally, small coal-fired thermal power units and self-provided power plants within a 30 km heating radius must be…
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Policy
Germany
2025
EU's Just Transition Fund for electrolysis (Saxony-Anhalt)
EUR 87 million for renewable hydrogen subsidies with focus on post-coal mining areas. Funds will come from the Just Transition Fund of the EU. Subsidy (as grants) for up to EUR 2000/kW for production, storage and end use. There are two programs in the fund EUR 58 million for "Green Hydrogen: Electrolyzers"; EUR 29 million for "Future Energies/Green Hydrogen"
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Policy
Australia
2016
(Tasmania) Mineral Resources Regulations 2016
Outlines the schedule for royalties on the amount of coal seam gas and petroleum products produced at the well-head as well as record keeping and reporting on quantity, quality, sales and profit information for the regulated resource. For each $100 of the gross value of coal seam gas at the well head and petroleum at the well head, the royalty is AUD $12.00.