Tag: IEA

New podcast episode explores solar power’s future growth

Stuart Mitchell

A new episode of the IEA podcast Everything Energy delves into what the World Energy Outlook 2025 says about future of solar power, which is projected to grow rapidly in the coming decades in all the scenarios mapped out in the report. Now available on Apple Podcasts and Spotify, the episode features insights from Brent Wanner, Head of the IEA’s Power Supply Unit, and Anthony Vautrin, an energy modeller specialising in demand. They discuss the trends that have underpinned solar’s rapid ascent, its potential to meet rising electricity demand around the world, and some of…

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Global progress on energy efficiency picks up in 2025

Stuart Mitchell

Faster rate of improvement than 2024 and more than 250 new policy actions signal renewed momentum as governments seek to enhance energy security and economic competitiveness A key measure of global progress on energy efficiency is set to accelerate in 2025, according to the latest annual update from the IEA, a sign of improving momentum in an important area for strengthening energy security and economic competitiveness while reducing energy costs and emissions. Energy Efficiency 2025, the IEA’s annual report on efficiency trends around the world, finds that global primary energy…

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New IEA report lays out pathway to finance universal electricity access in Africa

Stuart Mitchell

First-of-its-kind tracking shows investment is rising but remains well below levels needed to close the access gap Insufficient capital is a key obstacle to expanding electricity access for the roughly 600 million people in Africa who currently live without it, according to a new IEA report that outlines essential tools to unlock greater investment and eliminate the access gap. Financing Electricity Access in Africa, published today, finds that with progress on expanding electricity access in Africa stalling, $150 billion in investment is needed to deliver universal access within the next…

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Scaling up transition finance can support efforts to tackle emissions in key sectors and countries

Stuart Mitchell

New report explores landscape for transition finance and how it could help channel capital towards hard-to-abate industries As countries, companies and industries in many parts of the world look to reduce their emissions, transition finance can play an important role in mobilising the capital needed for energy projects that support these ambitions, according to a new IEA report published today. Scaling Up Transition Finance examines the potential for expanding the use of this financing mechanism, whose uptake has so far been slowed by challenges associated with defining it. It finds that…

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Global electricity demand to keep growing robustly through 2026 despite economic headwinds

Stuart Mitchell

Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more Global electricity demand is expected to expand at one of the fastest sustained paces in over a decade despite ongoing economic pressures, according to a new IEA report, with renewables, natural gas and nuclear all contributing to meet the additional demand. Electricity demand is set to rise by 3.3% in 2025 and 3.7% in 2026 – more than twice as fast…

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