Skip to main content
Request for proposal

      According to the Statistical Review of World Energy 2026, global energy systems are currently undergoing a disorderly transition in the face of increased volatility, with countries continuing to adapt to rising demand, geopolitical uncertainty, and decarbonisation goals. Total global energy supply (TES) increased by 1.7% in 2025, continuing long-term upward trends against the backdrop of a more regionalised and divergent global market, with all major energy sources seeing record levels of demand.

      Produced by the Energy Institute in collaboration with KPMG, Kearney, and Ember, this 75th edition of the Statistical Review provides a comprehensive overview of worldwide energy production, consumption, and emissions, to help businesses, policymakers, and researchers better understand the trends shaping the future of the global energy sector.  

      Key findings

      • Total energy supply (TES) increased by 1.7%, reaching a new all-time high of more than 600 exajoules.
      • Renewables were the largest contributor to growth in TES for the first time outside a recession.
      • Solar power specifically increased by 30% year-on-year to account for 71% of this incremental growth in TES.
      • Global installed battery storage capacity expanded by 66% to 302GW, with China alone making up just under half of the entire global battery storage capacity (144GW).
      • Growth rates in worldwide oil consumption increased for the first time since 2021, with consumption growing by 1.3% in 2025 (up from 1.1% growth in 2024), taking total global demand to 103 million barrels of oil per day.

      Low-carbon energy is rising, but so are emissions. The Energy Institute has published the findings of review
      Learn more

      The energy transition is becoming increasingly regional

      One of the report's central conclusions is that countries are pursuing diverging pathways to balance their needs in terms of energy security, economic growth, and climate ambitions.

      While the supply of renewable energy continues to rapidly expand, demand for traditional energy sources also remains strong. As a result, investment decisions are increasingly influenced by local market conditions, regional resource availability, and geopolitical considerations. 

      Wind and solar ascendent, buoyed by rapidly increasing global battery capacity

      A rapid build-out of EU wind and solar in response to Russia’s full-scale invasion of Ukraine has provided the region a measure of protection from paying additional costs for imported fossil fuels. New wind and solar capacity deployed in the wake of the invasion helped the EU to avoid EUR121 billion in fossil fuel imports between 2022–2025. Accelerated deployment of renewable energy capacity, coupled with supportive policies such as REPowerEU, have contributed to an environment whereby EU wind and solar energy sources provided more power than coal, gas, and oil combined in 2025 (852TWh vs 760TWh).

      With variable renewables increasingly deployed as a worldwide security tool to bolster energy resilience, the ability to manage and integrate such energy sources through flexible technologies and distributed storage capacities has also become more and more relevant.

      While battery storage is still catching up to the solar revolution for many countries, growth in storage capacities appears to be surging. Global installed battery capacity grew by 66% to 302GW in 2025, making the worldwide total combined battery capacity now 16 times larger than in 2020.

      Energy security remains a strategic priority

      Balancing energy security, affordability, and sustainability has become one of the defining challenges for the global energy sector in recent years, with 2025 being no exception.

      Recent geopolitical developments have reinforced the importance of secure and reliable energy supply. Alongside existing decarbonisation goals, governments and businesses are placing greater emphasis on infrastructure resilience, supply chain security, and system flexibility.

      What does this mean for Ukraine?

      This year's Statistical Review shows that the global energy transition is becoming increasingly shaped by concerns regarding energy security, economic resilience, and regional priorities. For Ukraine, this situation poses a unique challenge to ‘build back better’. The reconstruction of the country’s energy sector is therefore not only about restoring damaged infrastructure, but about building a more flexible and resilient energy system integrated into the European energy market. Investments in renewables, energy storage solutions, and grid modernisation can strengthen national and international energy security today while supporting Ukraine's long-term competitiveness and deepening ties with Europe.
      Andrii Tymoshenko

      Partner, Head of Infrastructure, Transport and Logistics Sector

      KPMG in Ukraine

      Andrii Tymoshenko

      About the report

      The Energy Institute Statistical Review of World Energy 2026 is the 75th edition of one of the world's most widely recognised sources of energy statistics. Produced by the Energy Institute in collaboration with KPMG, Kearney, and Ember, the report provides objective data on global energy production, consumption, and emissions, helping stakeholders understand developments across the global energy sector.

      Low-carbon energy is rising, but so are emissions. The Energy Institute has published the findings of review
      Learn more