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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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13 July 2026 – Electricity market prices in Spain remain among Europe’s lowest despite elevated gas prices since March 2026. Strong growth in renewables across the Iberian power system has significantly weakened the link between gas and electricity prices since the gas crisis of 2021–2024. Through the first half of 2021, both European gas prices and Spanish electricity prices climbed by around 50%. In contrast, in 2026, prices in the Iberian electricity market have remained largely unaffected by higher gas prices. This has helped to shield Spanish electricity prices from the gas price spike following the US-Israel war with Iran.
Global Electricity Review 2026
Solar surge halts fossil generation rise as clean power meets all demand growth and renewables overtake coal
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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 is rebuilding its industrial economy on a clean foundation as rapid renewable energy expansions begin to offload fossil fuels
Solar met the majority of US electricity demand growth in 2025 as renewables continued expanding despite policy uncertainty
India overtook France and Canada to become the world’s fourth largest generator of clean electricity in 2025
The EU’s electricity transition reached a major milestone in 2025, with wind and solar generating more power than fossil fuels
Japan remained the world’s fourth-largest solar generator in 2025, but still lags far behind on wind