WEMO 2025 (complet) - Flipbook - Page 7
W E M O 202 5
O U T LO O K
FIGURE 3
Energy related methane emissions reported to the UNFCCC
and IEA estimates, 202513
0
10
20
30
40
50
Asia Paci昀椀c
North America
Policies include the EU’s Methane Regulation15 and the US $1.6 bn
incentive16 u n d e r t h e I R A . Global cooperation via the Global
Methane Pledge17 aims for a 30% reduction by 2030. To achieve
these ambitious goals there is a need to thoroughly report all
methane emissions and to scale up existing solutions. These
solutions usually allow for the recovery of additional tradable
gas quantities.
• Partial decorrelation between GHG emissions and
GDP: Over the last decade (2014–2024), GHG emissions
and energy consumption have shown a positive correlation
globally, though the relationship is weakening due
to energy efficiency and renewable energy adoption.
Eurasia
Africa
Middle East
The accelerated growth of electricity demand was
met at 80% by low carbon sources18
• In 2024, the global electricity demand increased by 4.3%
compared to 2023. This is more than the 2.5% YoY growth in
2023, and adds approximately 1,080 TWh, nearly double the
average annual increase of 550 TWh from 2013 to 2023. This
surge was driven by electri昀椀cation in buildings, transport,
and industry, alongside rising demand for air conditioning
(due to severe heatwaves) and the expansion of data centers
for AI. Emerging economies accounted for over 80% of this
growth, while in Europe electricity consumption grew again
after years of decrease.
IEA
Reported to the UNFCCC
Remedies include mandatory leak detection and repair
programs, banning routine venting and 昀氀aring, and deploying
vapor recovery units. Over 75% of fossil fuel methane emissions
can be abated cost-e昀昀ectively using existing technologies.14
13 - IEA, Methane Abatement
14https://www.iea.org/energy-system/fossil-fuels/methane-abatement
15https://eur-lex.europa.eu/eli/reg/2024/1787/oj/eng
16https://www.epa.gov/inflation-reduction-act/methane-emissions-reduction-program
17https://www.globalmethanepledge.org/
18https://www.iea.org/reports/electricity-2025/demand
19https://www.iea.org/reports/electricity-mid-year-update-2025/executive-summary
Energy accounts for over 75% of global GHG emissions,
with fossil fuel combustion driving most of CO2 emissions.
In 2024, the rise of energy-related CO2 emissions (by 0.8%)
was less than the 1.2% increase in 2023, mitigated by
clean energy deployment, avoiding 2.6 Gt CO2 annually.
GHG emissions growth has been slower than GDP growth
(3.2%), indicating partial decoupling.
• Renewable contribution to electricity generation
growth outpaced fossil fuels’ contribution. Solar
Photovoltaic (PV) led the increase in electricity generation,
adding 474 TWh in 2024, reaching 7% of global electricity
supply (up from 5% in 2023). Wind contributed 182 TWh,
maintaining steady growth, while hydropower added 182
TWh, rebounding from 2023 drought-related declines in
some regions. Nuclear power grew by 69 TWh, driven by
new plants in Asia and increased output of existing plants
in Europe. Wind and solar PV are expected to cover over
90% of the increase in global electricity demand in 2025.19
6
Europe
WEMO 2025
Central and South America
