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Sustainable Debt Global State of the Market Q1 2026
The Climate Bonds Initiative's Q1 2026 report details the state of the global aligned GSS+ (Green, Social, Sustainability, and Sustainability-linked) debt market. As of March 2026, the cumulative aligned volume reached USD 6,986.0 billion, with green-labelled debt remaining the dominant theme. While the overall market saw a 9% decline in supply compared to Q1 2025 on a like-for-like basis, specific regions like France and Germany showed strong activity in social and green bonds, respectively.
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Document type: Report
Europeans turn to clean energy amid fossil fuel price shock
This briefing by Zero Carbon Analytics examines how the start of the Iran war and subsequent fossil fuel price shocks have accelerated consumer and government interest in clean energy technologies, specifically solar photovoltaic (PV) systems and electric vehicles (EVs), across six European markets: Germany, Italy, France, Poland, Spain, and the United Kingdom.
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Document type: Briefing
Rüzgar ve Güneş
This report section details the growth of wind and solar energy in Türkiye, highlighting record-breaking capacity additions in 2025 and the increasing share of these sources in the national electricity mix compared to regional and European benchmarks.
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Document type: Report
Crossed wires: Grid capacity could block EU energy security
The report 'Crossed wires: Grid capacity could block EU energy security' by Ember analyzes how limited grid capacity in Europe threatens energy security and economic competitiveness. It identifies significant shortfalls in grid hosting capacity for both new renewable energy projects and industrial demand, while noting that distribution grids are generally better prepared for household electrification, with notable exceptions in Spain and Poland.
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Document type: Report
Hot stuff: geothermal energy in Europe
This report by Ember analyzes the evolving potential of geothermal electricity in Europe, highlighting how technological advances in drilling and reservoir engineering are making geothermal a cost-competitive, firm, low-carbon alternative to fossil fuels. It emphasizes that while Europe pioneered many of these technologies, it now risks losing its leadership to the US and Canada due to a lack of coordinated EU-level policy and investment frameworks.
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Document type: Report
Early signs of the impact of batteries
This report analyzes the emerging role of grid-scale batteries in the European Union as of 2025, highlighting their ability to compete with expensive gas-fired power during peak demand hours and reduce the curtailment of renewable energy. Using Italy as a primary example and California as a comparative case study, the document details how falling battery costs and widening price spreads are driving a record project pipeline aimed at lowering wholesale electricity prices and reducing reliance on fossil fuels.
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Document type: Report
2025 at a glance
In 2025, the European Union's power sector reached a tipping point as wind and solar generation surpassed fossil fuels for the first time, accounting for 30.1% of electricity. While solar generation hit record highs and coal reached a historic low, gas power saw a slight increase, though it remained below pre-crisis levels.
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Document type: Report
From Commitment to Implementation
This guide provides a structured framework for governments to develop and implement national or subnational fossil fuel subsidy (FFS) phase-out plans. It advocates for a whole-of-government approach to coordinate across ministries and proposes a three-category classification system to prioritize subsidies based on their risk to energy security, social stability, and political feasibility. The framework aims to move governments from general commitments to actionable, time-bound implementation roadmaps.
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Document type: Guide
Europe Electricity Interconnection Data Tool Sources and methodology documentation
This document provides the sources and methodology for Ember's Europe Electricity Interconnection Data Tool. It details how the tool maps Bidding Zones to countries, calculates interconnection capacity (NTC), estimates import potential, and analyzes electricity flows and variable renewable energy (RES) penetration for 2024 and projected scenarios for 2030 and 2040.
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Document type: Guide
Sustainable Debt Global State of the Market 2024
The 'Sustainable Debt Global State of the Market 2024' report by the Climate Bonds Initiative provides a detailed analysis of aligned green, social, sustainability, and sustainability-linked (GSS+) debt as of the end of Q1 2025. It tracks cumulative volumes, quarterly trends, and the performance of various issuer types and sovereign nations, highlighting a total cumulative aligned volume of USD 5.9 trillion.
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Document type: Report
Grids for data centres: ambitious grid planning can win Europe’s AI race
This report by Ember analyses the critical role of electricity grid availability in determining the location and growth of data centres in Europe. It argues that grid congestion in traditional hubs is pushing investment toward the Nordics and Southern Europe, and recommends proactive grid planning, flexible connection agreements, and strategic siting to support the EU's AI ambitions.
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Document type: Report
Capacity development for locally led knowledge co-production
This research paper examines the capacities and skills required for the locally led design and implementation of knowledge co-production processes, specifically focusing on disaster risk and climate adaptation challenges. The analysis is based on lessons from real-world labs implemented under the Horizon Europe project, DIRECTED, in Denmark, Italy, Germany, and Austria/Hungary.
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Document type: Research paper
What Is 'Loss and Damage' from Climate Change?
This guide from the World Resources Institute explains the concept of 'loss and damage' in the context of climate change, detailing the distinction between economic and non-economic losses, the history of UN negotiations, and the operationalization of the Fund for Responding to Loss and Damage (FRLD).
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Document type: Guide
10th Three Seas Summit: From gas trap to clean power and connectivity
This briefing by Ember analyzes the energy security landscape of the Three Seas Initiative (3SI) ahead of its 10th annual summit in Warsaw. It argues that while 3SI countries have the infrastructure to fully eliminate Russian gas, there is a significant risk of creating 'stranded assets' through the overexpansion of LNG and pipeline capacity. The document advocates for a shift in focus toward a 2027 Russian gas phase-out, renewable energy deployment, and the creation of a 'Transmission Highway' to move clean power from coastlines to Central Europe.
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Document type: Briefing
Major Countries and Regions
This report by Ember provides a 2024 analysis of the world's seven largest electricity consumers, who collectively account for 72% of global demand. It details the transition progress of China, the US, the EU, India, Russia, Japan, and Brazil, highlighting trends in clean energy adoption, coal decline, and carbon intensity.
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Document type: Report
The final push for EU Russian gas phase-out
This report by Ember analyzes the European Union's progress toward phasing out Russian gas by 2027. It finds that despite political commitments, Russian gas imports increased in 2024, and the EU is significantly over-investing in gas infrastructure that is likely to be underutilised by 2030. The report argues that the EU is risking a new dependency on volatile global LNG markets and recommends legally binding targets to end Russian gas imports.
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Document type: Report
Five years of progress
This report evaluates the first five years of the European Green Deal (2019-2024), detailing the transformation of the EU electricity sector through the surge of wind and solar power, the resulting decline in fossil fuel dependency, and the associated economic and emissions benefits.
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Document type: Report
Strength in numbers: towards an integrated Central and Eastern European power grid
This briefing summarizes a high-level roundtable discussion hosted by Ember and partners during the PCI Energy Days in Brussels on November 4-5, 2024. The discussion focused on the necessity of an integrated power grid in Central and Eastern Europe (CEE) to manage the rise of intermittent renewables, ensure energy security, and facilitate the transit of clean energy from coastal regions to landlocked countries.
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Document type: Briefing
RES Tracker - Methodology V2
The RES Tracker Methodology V2 describes Ember's process for collecting and categorizing national renewable energy deployment ambitions for the power sector across 96 countries and the EU as of November 2024.
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Document type: Guide
EU battery storage is ready for its moment in the sun
The report by Ember argues that the European Union must rapidly scale up 'clean flexibility' solutions, particularly battery storage, to complement the fast growth of wind and solar power. It highlights that without such flexibility, the EU will fail to capture abundant renewable energy, leading to higher reliance on fossil fuels and increased costs. The document provides evidence of current solar dominance in several Member States and simulates the potential for batteries to reduce fossil fuel imports and costs by 2030.
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Document type: Report