Overview
- Reintroducing its Current Policies scenario, the IEA projects global oil and gas demand will keep rising for roughly 25 years if governments do not strengthen climate measures.
- Global nuclear capacity is set to grow at least one third by 2035, with record generation expected in 2025 and China responsible for nearly half of capacity now under construction.
- The IEA expects about 300 billion cubic meters of additional LNG export capacity by 2030, indicating ample near‑term gas supply even as market risks persist.
- Renewables led by solar remain the fastest‑growing sources as power demand accelerates from electrification, cooling, industry and data centers, with data center investment estimated at $580 billion this year.
- The Global Carbon Project estimates fossil‑fuel CO2 rose about 1.1% in 2025, with a U.S. increase linked largely to electricity for data centers and AI, and the IEA cautions the 1.5°C threshold is likely to be breached within a decade.