Shaping a secure & sustainable energy future. We provide data, analysis & ambitious real-world solutions on all fuels & technologies. Exec Director: @fbirol
Paris, France
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Today's statement from the IEA Governing Board on energy markets and security ⬇️
iea.li/47nbKVq
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After declining in recent years, critical mineral prices rebounded in 2025 & early 2026 as supply conditions tightened
Strategic minor minerals saw the sharpest price increases – prices more than doubled amid new export controls & strong demand growth 👉 iea.li/4z1h3q2
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Listen to our three-part podcast miniseries!
Each episode dives into the story behind key energy innovations that have shaped history.
1️⃣ Silicon solar cell → buff.ly/4Wz7bH0
2️⃣ Drilling → buff.ly/24Tv7XL
3️⃣ Air conditioning → buff.ly/8kXwJpI
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Global electricity consumption from data centres surged in 2025, driven by AI
And it’s set to grow quickly ahead – with demand almost doubling by 2030
For AI-focused facilities, power use is expected to climb even faster, tripling over the same period: iea.li/4cr5nE0
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The energy sector in Latin America & the Caribbean is booming – with over 750 thousand jobs added since 2019
But sustaining this momentum will depend on building a workforce with the right skills
Our new commentary with @OLACDEORG explores what’s needed: iea.li/4rTJFi5
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The LNG price shock resulting from Hormuz disruptions has translated into higher wholesale electricity prices in markets where LNG plays a key role.
Average spot electricity prices in the EU & Japan rose by over 30% year-on-year during Q2 of 2026 👉 buff.ly/ONV80UL
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The price of oil is only part of what determines the cost to supply the world with fuel.
With tanker rates at historic highs amid disruptions in the Middle East, rising shipping costs are adding further pressure to global oil markets.
Read more 👉 iea.li/4BfDtoR
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Diversifying magnet rare earth supply chains to meet projected demand outside of China in 2035 would cost about $60 billion
But this is modest compared to the potential economic impact of a supply shock, which could reach around $6.5 trillion a year 👉 iea.li/3VhyfbH
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Electrification is taking centre stage as the Hormuz crisis spurs countries to strengthen energy security
Our report, requested by the COP31 Presidencies of Türkiye & Australia, explores the potential to accelerate electrification & the implications 👉 iea.li/4yfLyrO
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Since Russia's full-scale invasion in 2022, Ukraine's power output has been cut in half.
Our new short documentary explores how decentralised energy solutions are helping communities cope today while strengthening 🇺🇦's energy security for the future 👉 iea.li/4eO16em
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Driven by data centre investments, capital expenditure from the largest tech companies surged to more than $400 billion in 2025 & is set to increase by 75% this year
Spending on AI is now larger than global investment in oil & natural gas production: iea.li/41OzbEl
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The conflict in the Middle East has triggered major disruptions in global oil & gas markets.
Our new database offers a snapshot of government actions being implemented to save energy & support consumers in response to the unfolding energy crisis 👉 iea.li/4son5gd
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Governments are taking more active roles in supporting the expansion and diversification of critical mineral supplies.
Public finance commitments more than quadrupled between 2023 and 2025, reaching $65 billion.
More → iea.li/4vIhhiU
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Clean cooking progress is accelerating across Africa. Nearly 12 million people gained access in 2024 – around 3X the annual rate achieved in 2010.
While population growth still outpaced progress, efforts to expand access are beginning to close the gap 👉 iea.li/3U1hT64
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Energy technology manufacturing is entering a new phase as governments respond to evolving economic, trade and energy security priorities.
Our new commentary explores what's driving these changes and what they could mean for global supply chains 👉 buff.ly/ARUT2a4
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International Energy Agency retweeted
Productive exchange with Hungary’s Deputy Prime Minister & Minister of Foreign Affairs Anita Orbán (@_OrbanAnita)
We spoke about geopolitical developments in the Middle East & their implications for energy security, and the value of international cooperation in addressing risks
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International Energy Agency retweeted
Excellent meeting with Hungary’s Minister of Economy & Energy István Kapitány (@istvankapitany) in Budapest
We discussed the outlook for energy markets amid the Hormuz crisis, as well as European and Hungarian energy priorities – with a focus on nuclear, wind and batteries
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International Energy Agency retweeted
A great pleasure to meet with Prime Minister Péter Magyar of Hungary (@magyarpeterMP) in Budapest & to wish his new government well
We discussed the complex global energy & geopolitical context and Europe’s energy position heading into the winter, as well as @IEA-🇭🇺 cooperation
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Despite the destabilising effect of the Middle East conflict, global energy investment is set to grow to $3.4 trillion in 2026.
Advanced economies and China are expected to make up over 70% of this spending.
Explore the investment landscape by region 👉 iea.li/4ehvsq4
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Falling costs are driving rapid growth in battery markets – with average prices dropping 8% in 2025.
But regional price disparities are widening: battery packs in China were 30% cheaper than in the US & 35% cheaper than in Europe last year.
Read more 👉 iea.li/3SOimYY
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We just released a new free dataset with highlights from our World Energy Balances.
Designed for policy makers & energy experts, it offers insights into how energy flows have evolved over the decades, with insights covering 60+ countries & regions 👉 iea.li/3VWHFJX
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