Staying cool without overheating the energy system
As incomes and temperatures rise around the world, demand for cooling is soaring. And while expanding access to air conditioning stands to improve quality of life for millions of people, it is also putting new strain on electricity systems during hot periods.In this episode, we hear from Brian Motherway, who leads the IEA’s work on energy efficiency. He walks through the latest global data on air conditioning demand, the consequences for energy affordability and reliability, and what governments can do to help.
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The fastest growing energy technology on the market
When you think of batteries, you might picture charging a phone or laptop. But it’s the energy industry that has transformed the battery market over the past decade. Today, over 90% of battery demand comes from the energy sector, driven by record-breaking electric car sales and the rapid growth of battery storage to support power grids around the world.In this episode, we hear from Teo Lombardo, an IEA analyst specialising in batteries, and Araceli Fernandez Pales, the head of the IEA’s Technology Innovation Unit. They explain how batteries work and their role in modern energy systems, as well as why prices have fallen dramatically in recent years and what innovations could drive further growth.
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The forces shaping oil markets
Oil markets have faced significant turbulence this year. Heightened geopolitical risks, trade tensions and policy shifts have all affected the outlook. At the same time, the major drivers of supply and demand over the past 15 years are losing momentum, signalling that a deeper transformation of markets is underway. In this episode, Toril Bosoni, Head of the IEA’s Oil Industry and Markets Division, unpacks the latest developments, speaking about the forces shaping oil markets today, how resilient they could be to tensions in the Middle East and elsewhere, and what the oil market might look like in the years ahead.
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16:39
Where the money is going in energy
For the past 10 years, the IEA’s World Energy Investment report has been the definitive guide to where money is going in the global energy sector. It breaks down the latest data for all the key fuels, technologies and industries. In a context of heightened geopolitical and economic uncertainty, global energy investment is set to reach a record $3.3 trillion in 2025. In this episode, we’re joined by Cecilia Tam, Head of the IEA’s Energy Investment Unit. She unpacks the report’s key themes – from how energy security concerns are driving investment decisions, to China’s position as the single biggest investor in energy, and why so much money is going into electricity.
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22:27
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What’s next for electric cars and trucks?
The automotive industry has faced major challenges in recent years, from pandemic-driven supply chain shocks to inflation and geopolitical uncertainty. But amid the turmoil, global sales of electric vehicles have continued to break records. In 2024, more than one in five cars sold globally were electric, and this year it's expected to be one in four. In some parts of the world, EVs are now cheaper than conventional cars. But what's driving these trends? Who's making these cars? How are we charging them? And how is their uptake reshaping the world’s energy system? In this episode, we speak with IEA Energy Technology and Transport Analyst Elizabeth Connelly to answer these questions and unpack the 2025 edition of the IEA's annual Global EV Outlook, out now.
Everything Energy is a podcast by the International Energy Agency. Through expert interviews, it delves into today’s biggest global energy topics – providing valuable insights on important trends based on the latest data and analysis.
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