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A disorderly transition
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
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An EV charging station in Shanghai
Supply and demand
Joe Murphy
26 June 2025
Follow @PetroleumEcon
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A disorderly transition

Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report

The energy transition is advancing but in an increasingly disorderly and uneven way, Nick Wayth, CEO of the Energy Institute (EI), said while presenting the key findings of the 2025 Statistical Review of World Energy. Last year was a year of records. Not only record energy supply, which rose by 2%, to 592EJ, but also record supply of renewables as well as gas, oil, coal and nuclear. Renewables output increased by 14% versus 2023, outpacing all other segments and supplying 17.3% of total electricity. When including hydroelectricity, which saw a 4.2% increase, renewables accounted for close to a third of total power supply. Among the fossil fuels, gas saw the most growth, with consumption up 2

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