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Open data and intelligent policy analysis to unlock a clean, electrified energy future
Open data and intelligent policy analysis to unlock a clean, electrified energy future
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12 January 2026 – Rebalancing energy costs is key to electrifying household heating in the EU. Despite being two to three times more efficient than gas boilers, heat pumps often cost more to run because electricity prices include high non-energy costs like taxes and levies. These embedded costs make electricity less competitive than gas, slowing heat pump uptake across Europe. Redesigning energy bills, such as shifting policy costs off electricity, would lower the electricity-to-gas price ratio and unlock the true value of heat pumps. Widespread deployment could cut fossil fuel imports, protect consumers from price volatility and boost Europe’s heat pump industry.
Global Electricity Review 2025
Record renewables growth led by solar helped push clean power past 40% of global electricity in 2024.
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Major levers that will transform the energy system
Rapid growth of clean electricity led by cheap solar and wind is replacing fossil fuels in the power sector, and beyond through electrification.
Coal mines emit more methane than the gas industry, yet this pollution is often overlooked. Half of methane emissions from coal mines can be captured with proven, cost-effective technologies.
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We have analysts across six continents and track data from more than 200 countries
China accounted for more than half of the global increase in wind and solar power in 2024
In 2024, the United States was the 2nd largest country by electricity demand.
India overtook Germany to become the world’s third largest generator of electricity from wind and solar in 2024
Solar power overtook coal generation in the EU for the first time in 2024
Japan remained the fourth-largest solar generating country globally, in 2024