Global Scans · Energy · Weekly Summary

WHAT'S NEXT?: By 2025 solar energy will be the cheapest energy option globally. In 2040, oil and natural gas are expected to make up nearly 60 percent of global supplies, while nuclear and renewables will be approaching 25 percent. Improvements in energy efficiency in lighting and home appliances are expected to continue to push residential electricity use lower. The burning of coal will fall out of favor. Transportation energy consumption will be rising in correlation to growth in automated vehicles in the coming years.

• [New] Energy is among the EU's focal points, as the EU aims to decrease greenhouse gas emissions by 55% by 2030 and increase renewable energy sources to 42.5% of total energy consumption (European Commission, n. d. - d). Scientific Advice Mechanism
• [New] ADNOC Distribution, the UAE's largest fuel distributor, has agreed with Abu Dhabi National Energy Company, one of UAE's largest integrated utility companies, to build and operate 70,000 charging points in the Emirate of Abu Dhabi through their mobility joint venture, E2GO, by 2030. Roza.Pace@trade.gov
• [New] The International Energy Agency emphasizes that, without SAF, commercial aviation does not have a credible pathway to align with climate objectives in 2050. Moeve Global
• [New] The UAE has been rapidly expanding on its green energy ambitions, with plans to generate most of its electricity through renewables by 2050. Khaleej Times
• [New] The International Energy Agency projects global electric vehicle sales will reach 45 million units annually by 2030, implying a direct compound demand uplift for high-purity LSR and silicone gel grades. Persistence Market Research
• [New] China's National Energy Administration reported over 130 GW of distributed solar PV installed nationwide as of end-2023, with a target to achieve 1,200 GW of combined solar and wind by 2030. Persistence Market Research
• [New] Retailer Coles and Origin are expanding their renewable-energy partnership, which will see the installation of 15 MW of solar at 75 sites, as well as 15 MWh of battery assets. Sustainability Online - A business news platform with a
• [New] Middle East & Africa, the fastest-advancing region at 6.06% CAGR, gains from energy and mineral projects that lift off-road tire usage in deserts and open-pit mines. Mordor Intelligence
• [New] The Central opportunity is to move from a conventional commodity exchange, Russian petroleum products, fertilizers, grain and food against Ghanaian agricultural commodities and raw materials, toward Russian investment in Ghanaian production, processing, logistics, mining, energy and infrastructure. RUSSIA'S PIVOT TO ASIA
• [New] Masdar - Abu Dhabi's renewable energy company - in partnership with the Emirates Water and Electricity Company, is building the $6 billion (Dh22 billion) project that could produce one gigawatt of uninterrupted clean power when it starts in 2027. The National
• [New] The CPUC, along with the CARB and Energy Commission, will support transportation electrification by directing electrical corporations to file applications for programs and investments to accelerate widespread transportation electrification. California Energy Commission
• [New] The aggregation of distributed energy resources including solar, batteries, EVs, and smart devices into Virtual Power Plants is a key trend, enabled by regulatory advancements such as FERC Order 2222. Straits Research
• [New] The International Maritime Organization's decarbonization mandate requiring a 40% reduction in carbon intensity by 2030 is directly accelerating investment in energy-optimised autonomous handling equipment and port management software. Persistence Market Research
• [New] Within U.S. sectors, we still favor tech as a core long-term holding alongside industrials, financials, health care, and energy as opportunities broaden. Truist
• [New] The Zaporizhzhia nuclear power station in southeastern Ukraine has been without off-site power for more than a week, the world's nuclear energy watchdog has warned. Al Jazeera
• [New] Russia will likely still conduct strikes against Ukrainian energy infrastructure in the upcoming winter, which will likely be more destructive after Russia hinders Ukrainian efforts to fortify its facilities in August. Critical Threats
• [New] Ukraine has been working to repair and fortify previously damaged energy infrastructure ahead of expected Russian energy strikes in Winter 2026-2027. Critical Threats
• [New] In June, the U.S. Department of Energy launched Quantum Genesis with the stated goal of developing and deploying a scientifically relevant fault-tolerant capability for research by 2028. Educational Technology and Change Journal
• [New] Energy-driven inflation is set to erode real household income and weigh on consumption through the rest of 2026, with stronger real wage growth and improving sentiment expected to lift private consumption only in 2027. investing.com
• [New] The International Energy Agency expects global oil supply to remain below near-normal levels until early 2027. investing.com

Last updated: 11 September 2026