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Fuel report
Nov 2025
Energy Efficiency 2025 Industry
How and where is energy used? Total final consumption in 2024 was over 450 EJ and has grown by around 25 EJ since 2019. Industry accounts for the largest share of this demand, at nearly 40%. Industry saw the strongest growth since 2019, contributing two-thirds of the total increase in global energy demand. The industrial sector can be divided into energy-intensive industries, responsible for three-quarters of total industrial demand, and less intensive industries, which are responsible for the remainder.In energy-intensive industries, energy is largely used in processes that require high-temperature heat, generally above 500°C. Efficiency improvements…
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Fuel report
Sep 2025
Global Hydrogen Review 2025 Investment and innovation
Highlights Capital spending on low-emissions hydrogen projects reached USD 4.3 billion in 2024, an 80% increase from 2023. Based on recent final investment decisions (FIDs), spending could rise by more than 80% in 2025 to nearly USD 8 billion.In 2024, capital spending was almost evenly split between electrolysis and carbon capture, utilisation and storage (CCUS)-equipped hydrogen production. In 2025, electrolysis is expected to account for 80% of spending but only 56% of production from projects under construction, given its higher capital intensity.Investment in electrolysis-based projects is highest in China and Europe, while the United States allocates a larger share…
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Contributor
Daniel Morris
Clean Energy Lead, Climate Investment Funds. As the Senior Climate Change Specialist and Clean Energy Lead, he works with the Climate Investment Funds’ partners to help deliver transformational change in the energy systems of developing countries.Daniel’s 12 years of experience in working to build economic and policy solutions to the climate crisis are also derived from his previous roles as an Advisor to the US Executive Director of the World Bank and as a Policy Analyst in the US Treasury. In the latter position, he helped to execute the agency’s responsibilities related to the United States’ climate and energy agenda. Daniel has a Master’s degree in Environmental Science and Management, Political Economy of the Environment from the Bren School of Environmental Science at the University of California, Santa Barbara, and a Bachelor of Science degree in Environmental Science from Northern Arizona University.
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Contributor
Claire Bouteille
Chief Management Officer. Claire Bouteille joined the IEA as Chief Management Officer in May 2013. As head of the Office of Management and Administration (OMA), she has overall responsibility for the Finance Unit, the Information Systems Unit, the Building and Operations Unit, and Human Resource issues. She was formerly the Head of Corporate Services at the British Embassy Paris, Foreign and Commonwealth Office, with direct responsibility for the leadership and management of that section, and responsibility for human resources, finance and budget management, information technology, communications, security, transport and logistics, and the bilateral Ambassador's Residence.