Energy Institute Statistical Review of World Energy

The 74^th annual edition of the Statistical Review of World Energy will launch on June 26th, 2025.

KPMG, in collaboration with the Energy Institute (EI), presents the annual Statistical Review of World Energy. This report offers in-depth analysis of global energy production, consumption, and emissions, providing valuable insights into the evolving energy landscape.

The Statistical Review serves as a trusted resource for energy professionals, policymakers, and researchers, delivering objective data to inform strategic decisions and policy development. It examines key trends shaping the energy sector, including the growth of renewable energy sources, shifts in fossil fuel consumption, and the impacts of geopolitical events on energy markets.

By exploring the dynamics of the global energy system, the report contributes to a deeper understanding of the challenges and opportunities in achieving a sustainable and secure energy future.

The 73^rd Statistical Review of World Energy

Stay ahead of energy trends and navigate the complexities of the global energy market with KPMG professionals.

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Key insights from the 2024 report:

Historic Energy Consumption

Global primary energy consumption overall was at a record absolute high, up 2% on the previous year to 620 Exajoules (EJ). Despite a year of extraordinary growth in renewables, fossil fuel consumption and emissions reached new peaks. Competitive wind and solar power drove record renewable energy generation.
Advanced Economies and Peak Fossil Fuel Demand?

Europe saw fossil fuel usage drop below 70% for the first time since the industrial revolution. The US saw a slight decline in fossil fuel consumption to just over 80% of its primary energy.
Growth Economies and Rising Carbon Intensity

Fossil fuel use is accelerating in India and many African nations, outpacing the growth of renewables. For the first time, India's coal use surpassed that of North America and Europe combined.
Critical Metals and Minerals for the Energy Transition

Copper production has grown at just under 2% annually over the past decade. Minerals essential for batteries, like lithium and graphite, continue to see robust growth.
China's Dominance as Leading Producer and Consumer

China leads in the production and consumption of refined cobalt, vital for lithium-ion batteries, and supplies significant portions of the world's lithium and graphite.