The global lithium-ion battery market surpassed $150 billion in 2025, growing over 20 per cent from 2024. Batteries are key for automotive, power systems, digital infrastructure, and emerging technologies, becoming foundational to modern economies while raising strategic concerns over supply security and industrial competitiveness.
Alparslan Bayraktar, Turkish Minister of Energy and Natural Resources, discussed potential cooperation opportunities with Fatih Birol, Executive Director of the International Energy Agency (IEA), within the scope of the COP31 climate conference which Turkey is hosting later this year.
India’s bioenergy sector is set to play an important role underpinning the country’s rapidly growing energy markets as robust policy frameworks boost ethanol and compressed biogas production and open new opportunities for biodiesel and sustainable aviation fuels, according to new report from the International Energy Agency (IEA).
Strong investment in energy infrastructure lifted global energy jobs by 2.2 per cent last year, the IEA reports. Employment reached 76 million in 2024, with the power sector driving most growth. The sector created 2.4 per cent of net global jobs despite skilled-labour bottlenecks in key areas worldwide today.
Seventy energy experts convened at the IEA headquarters in Paris for the 7th Joint IEA-IEF-Opec Symposium, discussing global natural gas and coal market developments. Participants included representatives from the energy sector, international institutions, governments, and academia, focusing on future market evolutions.
Renewable electricity generation is expected to more than double globally by 2030, driven by solar PV growth, according to the International Energy Agency (IEA). Despite supply chain issues and financial pressures, global renewable power capacity could rise by 4,600 GW, equivalent to the total capacity of China, the EU, and Japan combined.
Companies operating in Brazil have expanded the country’s liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its import capacity as the country seeks to diversify its energy supply and enhance energy security, according to US Energy Information Administration (EIA).
Global gas markets are set to undergo major changes by the end of this decade, with a coming wave of liquefied natural gas (LNG) production capacity set to transform market dynamics, according to the latest edition of the International Energy Agency (IEA) medium-term outlook.
The International Energy Agency (IEA) forecast a global oil market oversupply of 4 million barrels per day (bpd) in 2026, citing the recent increase in crude oil supplies from the Middle East and the Americas. It noted that this increasingly underscores the need for market change.
To serve a rapidly growing population, Mozambique’s significant energy resources can support government efforts to achieve universal access to electricity and clean cooking while charting a path to economic development, according to the International Energy Agency (IEA) first ever energy policy review of the country.
