Intergovernmental energy organization
Appears in 9 stories
Publisher of the World Energy Investment 2026 report
The International Energy Agency expects global energy spending to reach $3.4 trillion this year, with about $2.2 trillion flowing to clean power, grids, storage, and electrification. Oil spending falls below $500 billion for the third consecutive year. Gas investment hits a 10-year high at $330 billion, driven by LNG expansion in the US and Qatar.
Updated 15 hours ago
Warning of structural oversupply
Brent crude averaged $80 per barrel in 2024. The U.S. Energy Information Administration now forecasts it will fall to $58 in 2026 and $53 in 2027—a decline of more than one-third in three years. The reason: global oil production is growing faster than demand, and inventories are piling up at a rate not seen since the pandemic.
Updated 2 days ago
Primary authority on global energy statistics and forecasting
In 2004, the world installed one gigawatt of solar power in a year. By 2025, that amount goes online every single day.
Global energy policy advisor
China's CO2 emissions fell 1% in the first half of 2025, extending an 18-month plateau that began in March 2024. For the first time, clean power generation—not economic slowdown—has driven emissions down in the world's largest polluter. The peak may finally be structural rather than cyclical.
Updated May 19
Forecasting and tracking global energy transition
Renewables drew level with coal globally in 2025 and are now overtaking it, according to the International Energy Agency's February 2026 Electricity report. Renewables and nuclear combined are forecast to reach 50% of global electricity by 2030, up from 42% today.
Monitoring and reporting on Ukraine's energy crisis
Russia intensified strikes on Ukraine's energy grid in January and early February 2026, killing at least 13 people and cutting power to 1.2 million properties. President Trump brokered a brief pause that expired February 1. Following attacks on January 9 and 13 that deployed over 500 drones and missiles, Russia struck again on January 24-25, February 2-3, and February 24-26 with hundreds of drones and missiles, including rare ballistic missiles. Targets included power plants, substations, and nuclear-linked infrastructure in Kharkiv, Odesa, Kyiv, and western Ukraine. The strikes caused repeated blackouts for tens of thousands during subzero temperatures and reduced generation capacity to 14 gigawatts—less than half pre-invasion levels.
Lead author of the Tracking SDG7 progress report
In 2000, 1.35 billion people lived without electricity. By May 2026, that count has fallen to roughly 675 million. The drop works out to about 334,000 new connections every day, sustained for a quarter century.
Updated May 11
Providing global baseline projections for AI- and data center-driven electricity demand
Since late 2022, U.S. regulators and utilities have warned that AI-optimized data centers could reshape national power demand, ending an era of flat electricity consumption and forcing rapid buildout of generation and transmission. By early 2026, those warnings have crystallized into concrete challenges. PJM Interconnection's December 2025 capacity auction hit the $333.44/MW-day price cap and failed to meet reliability requirements for the first time in its history. Data centers accounted for $6.5 billion—or 40%—of the auction's $16.4 billion in costs.
Updated May 10
Coordinating record oil reserve release to stabilize markets
In thirteen days of US-Israeli military strikes on Iran, up to 3.2 million people have fled their homes without leaving the country. The United Nations refugee agency reported on March 12 that between 600,000 and one million Iranian households abandoned Tehran and other major cities for northern provinces and rural areas, marking one of the fastest mass internal displacements in modern conflict.
Updated Mar 12
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
