Export restrictions introduced since April 2025 have pushed rare earth prices up sharply in importing countries European prices reached up to six times higher than in China, making rare earth products manufactured outside China far less cost-competitive 👉 iea.li/4nn4mim

🗣️ "Energy has been one of the strongest and most consistent engines of job creation in the global economy during a period marked by significant uncertainties." Read more from IEA's @fbirol on the latest trends in the world's energy workforce 👉 iea.li/4pQdXjq

Oil markets look well supplied for now, but the outlook varies In the Current Policies Scenario, demand keeps rising to 2035 & beyond as EV sales stall outside China & Europe In the Stated Policies Scenario, EV growth flattens global oil use around 2030: iea.li/4oyh2UX

Securing supply chains for critical minerals – used not only for grids, batteries & EVs but also for AI chips, jet engines, defence & other industries – requires looking beyond mining Stronger efforts are also needed to diversify refining & processing 👉 iea.li/47FZC2V

On our new pathway, achieving universal electricity access by 2035 requires $23 billion of investment each year Another $4 billion annually is needed to reach clean cooking for all by 2040 Together, this is less than 1% of total energy spending today 👉 iea.li/48HCQrL

The energy sector is a major engine for job creation – adding more than 5 million jobs since 2019 to reach 76 million workers. In 2024, energy employment expanded nearly twice as fast as the global workforce, with the power sector leading the way 👉 iea.li/4oFSKaK

The power sector is now the largest energy employer as the Age of Electricity gathers pace, making up around 75% of new energy jobs since 2019 But demand for workers is increasing across all parts of the energy system, not just electricity Learn more 👉 iea.li/4oFSKaK

Rising skills shortages pose risks to global energy job growth Technical roles like electricians & nuclear engineers are in especially short supply These jobs make up over half of the energy workforce, more than double their share in the wider economy 👉 iea.li/4oFSKaK

The supply of newly qualified energy workers is not keeping pace with the sector’s needs. To prevent the skills gap from widening further by 2030, the number of new trained entrants into the energy sector globally would need to rise by around 40% 👉 iea.li/4oFSKaK

🗣 “District heating can enhance the resilience, efficiency & flexibility of the energy system” Our recent commentary looks at opportunities to expand district heating networks in an evolving energy landscape – and the benefits they can bring 👉 iea.li/3KFdHou

The energy workforce is ageing faster than the wider economy. This is deepening labour & skills shortages. Nuclear & grid roles face some of the steepest challenges, with retirements outnumbering new entrants by ratios of 1.7 & 1.4 to 1 respectively 👉 iea.li/4oFSKaK

Graduates with energy-focused training are not matching the rising needs for skilled workers. Demand for applied technical workers across the broader economy grew 16% between 2015-2022, yet graduations from relevant vocational programmes rose only 9% 👉 iea.li/4oFSKaK

🎧 The latest episode of our Everything Energy podcast is out now! Listen as IEA’s Ali Saffar & Siddharth Singh explore how the geography of global energy demand is changing & the implications of this shift. Apple Podcasts: iea.li/40zI1pk Spotify: iea.li/3GQZxyK

Today, nearly 2 out of every 5 people in Africa still live without access to electricity. Listen as IEA’s Adam Ward outlines how to deliver electricity for all – and the financial tools needed to make it happen – on a recent episode of our Everything Energy Podcast 👉 iea.li/3Y2c5Ir

🗣 “We have solutions that we already know, and there’s a great opportunity to use those to have a huge impact on people’s lives” In our Everything Energy podcast, IEA’s Emma Gordon discusses our pathway to reaching universal electricity access by 2035 👉 iea.li/3Y2c5Ir

Global coal demand is set to reach around 8.85 billion tonnes this year, with trends diverging across regions. But by 2030, it is forecast to edge down as competition intensifies with other power sources like renewables, natural gas & nuclear 👉 iea.li/3L5Dc2m

Global coal production is expected to remain near 9.1 billion tonnes in 2025, broadly in line with last year’s levels. Following this plateau, output is set to decline in most major producer countries through 2030. Read more 👉 iea.li/3Y0bya0

Ireland can build on its recent progress to deliver a more secure & resilient power system as electricity demand grows Our new report shows how strategic planning can support 🇮🇪’s electrification goals while safeguarding energy security & affordability ➡️ iea.li/4qkJSca

🗣 “It can be hard to conceptualise what it really means to live without electricity. It has a huge impact on healthcare, social services, education, water, sanitation & economic opportunities” More from IEA’s Emma Gordon on closing the access gap in Africa in our recent podcast 👉 iea.li/44C1c3L

District heating offers an efficient way to capture heat that would otherwise be wasted – and is at times the only technology able to do so. Modern networks can capture waste heat from data centres, industry & water treatment to warm homes & businesses 👉 iea.li/3KFdHou

On our new pathway, achieving universal electricity access by 2035 requires $23 billion of investment each year Another $4 billion annually is needed to reach clean cooking for all by 2040 Together, this is less than 1% of total energy spending today 👉 iea.li/48HCQrL

A lack of financing remains a key barrier to expanding electricity access in sub-Saharan Africa. Efforts to boost access today rely heavily on public sources. From 2019-2023, the private sector accounted, on average, for less than 30% of total financing 👉https://iea.li/48MUQQe

Global coal demand has reached a plateau & is forecast to edge down through the end of this decade as competition intensifies with other power sources. But developments in China’s electricity sector will remain key for the sector's prospects. Read more in our new Coal 2025 report 👉 iea.li/3L5Dc2m

Many countries around the world pledged 2 years ago to triple global renewable capacity by the end of this decade. Our new report examines how national policies have evolved since then & assesses how current government plans align with the global goal 👉 iea.li/44tJMGx

We’re thrilled to announce that Fatih Birol, executive director of the International Energy Agency (@iea.org), will receive a Global Laureate Testimonial Award at our gala next year.

The power sector is now the largest energy employer as the Age of Electricity gathers pace, making up around 75% of new energy jobs since 2019 But demand for workers is increasing across all parts of the energy system, not just electricity Learn more 👉 iea.li/4oFSKaK

Our Energy Snapshot newsletter went out this week, looking at the raw materials that underpin the global energy system — drawing on findings from our #WEO25 report. Subscribe now ➡️ iea.li/4k6a1Yu Read the latest edition in full ➡️ iea.li/3N0i91H

🎧 The latest episode of our Everything Energy podcast is out now! Listen as IEA’s Emma Gordon & Adam Ward examine the strategies & tools needed to deliver universal electricity across Africa by 2035. Spotify: iea.li/4fqRdmd Apple Podcasts: iea.li/4mfuFHK

🗣 “There is a potential sweet spot for electric heating technologies in industrial sectors that are less energy-intensive.” Our new commentary looks at strategies to make low-temperature, electrified heat a cost-competitive option for industry. More 👉 iea.li/4q9pUkb

District heating offers an efficient way to capture heat that would otherwise be wasted – and is at times the only technology able to do so. Modern networks can capture waste heat from data centres, industry & water treatment to warm homes & businesses 👉 iea.li/3KFdHou

🗣 “District heating can enhance the resilience, efficiency & flexibility of the energy system” Our new commentary looks at opportunities to expand district heating networks in an evolving energy landscape – and the benefits they can bring 👉 iea.li/3KFdHou

The supply of newly qualified energy workers is not keeping pace with the sector’s needs. To prevent the skills gap from widening further by 2030, the number of new trained entrants into the energy sector globally would need to rise by around 40% 👉 iea.li/4oFSKaK

Graduates with energy-focused training are not matching the rising needs for skilled workers. Demand for applied technical workers across the broader economy grew 16% between 2015-2022, yet graduations from relevant vocational programmes rose only 9% 👉 iea.li/4oFSKaK

The energy workforce is ageing faster than the wider economy. This is deepening labour & skills shortages. Nuclear & grid roles face some of the steepest challenges, with retirements outnumbering new entrants by ratios of 1.7 & 1.4 to 1 respectively 👉 iea.li/4oFSKaK

Geospatial mapping reveals the scale of the clean cooking challenge Millions live in areas with little or no access & limited infrastructure, from LPG storage & distribution to power reliability Investing in these gaps is key to scaling up solutions 👉 iea.li/3ISaFM8

Rising skills shortages pose risks to global energy job growth Technical roles like electricians & nuclear engineers are in especially short supply These jobs make up over half of the energy workforce, more than double their share in the wider economy 👉 iea.li/4oFSKaK

The power sector is now the largest energy employer as the Age of Electricity gathers pace, making up around 75% of new energy jobs since 2019 But demand for workers is increasing across all parts of the energy system, not just electricity Learn more 👉 iea.li/4oFSKaK

The energy sector is a major engine for job creation – adding more than 5 million jobs since 2019 to reach 76 million workers. In 2024, energy employment expanded nearly twice as fast as the global workforce, with the power sector leading the way 👉 iea.li/4oFSKaK

A lack of financing remains a key barrier to expanding electricity access in sub-Saharan Africa. Efforts to boost access today rely heavily on public sources. From 2019-2023, the private sector accounted, on average, for less than 30% of total financing 👉https://iea.li/48MUQQe

A global oil surplus is masking diverging trends in different regions & markets. Despite an overall rise in stocks worldwide, inventories in key hubs are near decade lows & spare refining capacity is limited. More in our December Oil Market Report 👇 iea.li/4iQUSvb

Global energy demand has risen nearly 60% since 2000, with more than half of the increase taking place in China In the coming years, other emerging economies, led by India & Southeast Asia, are set to become increasingly influential in growth trends 👉 iea.li/4iGsJXw

On our new pathway, achieving universal electricity access by 2035 requires $23 billion of investment each year Another $4 billion annually is needed to reach clean cooking for all by 2040 Together, this is less than 1% of total energy spending today 👉 iea.li/48HCQrL

Today about 2 billion people lack access to clean cooking & some 730 million remain without power Our path shows achieving electricity for all by 2035 & clean cooking by 2040 are in reach if efforts scale to match the strongest progress in recent years: iea.li/48HCQrL

Our newsletter went out this week, with info & analysis on the EU’s historic deal to phase out Russian gas imports, electricity market design, energy employment trends, a new podcast episode on solar & more Subscribe 👉 iea.li/480YLdD Read it here 👉 iea.li/3KmrXm1

Attacks by Russia have caused major damage to Ukraine’s energy infrastructure - reducing its power output to almost half of pre-war levels. Watch as IEA’s Talya Vatman explores what’s needed to ensure reliable & affordable energy in 🇺🇦 this winter 👉 iea.li/48MhI2p

On 16 December, join IEA experts for the 3rd discussion in our Southeast Asia Nuclear Dialogue Series. They’ll examine the current investment landscape for nuclear power & potential pathways for the sector’s development in the region. Register now 👉 iea.li/4pzrFaf

Securing supply chains for critical minerals – used not only for grids, batteries & EVs but also for AI chips, jet engines, defence & other industries – requires looking beyond mining Stronger efforts are also needed to diversify refining & processing 👉 iea.li/47FZC2V

Oil markets look well supplied for now, but the outlook varies In the Current Policies Scenario, demand keeps rising to 2035 & beyond as EV sales stall outside China & Europe In the Stated Policies Scenario, EV growth flattens global oil use around 2030: iea.li/4oyh2UX

🗣️ "Energy has been one of the strongest and most consistent engines of job creation in the global economy during a period marked by significant uncertainties." Read more from IEA's @fbirol on the latest trends in the world's energy workforce 👉 iea.li/4pQdXjq

In just 30 minutes, we’ll go LIVE for the launch of our World Energy Employment 2025 report. Join our Executive Director @fbirol, Director of Outlooks @Laura_Cozzi_ & Head of Energy Efficiency & Inclusive Transitions Brian Motherway from 11:00 CET 👉 iea.li/44I957F