Tag: RenewableEnergy

Key Highlights of Global Energy Review Report 2026

Infographic showing IEA's 2026 global energy outlook with trends in renewables, electricity demand, emissions, investment, and energy efficiency

Global energy demand grew 1.3% in 2025, slower than 2024’s 2% growth, driven by solar PV (meeting >25% of demand growth) and natural gas (17%). Low-emission sources contributed 60% of growth. Fossil fuel demand rose slower: coal +0.4%, oil +0.65 mb/d, gas +1%. China’s growth slowed to 1.7%, US demand accelerated >2%. CO₂ emissions rose 0.4% to a record 38 Gt, with weather and hydropower shortfalls pushing up emissions by 90 Mt. Advanced economies’ emissions rose 0.5%, while China’s fell 0.5% and India’s dropped for the first time in normal conditions. Solar PV surged 600 TWh, cutting coal generation. The energy transition continues, with renewables and nuclear exceeding global electricity growth.

Rate this:

Key Highlights of the State of Energy Innovation 2026

Solar panels and wind turbines generating renewable energy at sunset

The IEA’s Energy Innovation Forum highlighted the importance of policy support, international collaboration, and addressing financing gaps for first-of-a-kind projects. Breakout sessions focused on AI’s potential to accelerate innovation, diversifying battery mineral supplies, and reducing carbon dioxide removal costs. Recommendations include co-operation between trading partners, facilitation of partnerships, and government support for innovators. With sustained investment and cooperation, energy innovation can drive economic growth, improve energy security, and reduce emissions.

Rate this:

Highlights of Global Energy Review 2025 Report

Different elements of the world’s energy system saw very different growth rates in 2024, reflecting the impact of short-term factors and deeper structural trends. Global energy demand grew by 2.2% in 2024, a notably faster rate than the annual average of 1.3% seen between 2013 and 2023. This uptick was partly due to the effect of extreme weather, which we estimate added 0.3 percentage points to the 2.2% growth. Despite this, energy demand grew more slowly than the global economy, which expanded by 3.2% in 2024, close to its long-term average.

Rate this: