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Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...
Rapid rollout of clean technologies makes energy cheaper, not more costly
Speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly, according to a new IEA special report released...
SUVs are setting new sales records each year – and so are their emissions
SUVs accounted for 48 per cent of global car sales in 2023, reaching a new record and further strengthening the defining automobile trend of the early 21st century – the shift towards...
Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...
Surging investment in manufacturing of clean energy technologies is supporting economic growth
Booming investment in the manufacturing of clean energy technologies, especially solar PV and batteries, is becoming a powerful economic driver globally, creating new industrial and employment opportunities, according to a new report...
Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28
Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...
The World’s Electric Car Fleet Continues to Grow Strongly
Despite near-term challenges in some markets, based on today's policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, and almost 1 in...
Clean energy is boosting economic growth
Clean energy is moving towards centre stage in the global energy system – and as its importance rises, a new clean energy economy is emerging.
Clean electricity accounted for around 80 percent of...
Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course
Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 –...
After Slight Rise In 2023, Methane Emissions From Fossil Fuels Are Set To Go Into Decline Soon
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28...
The Future of Heat Pumps in China
Heating accounts for almost 20 per cent of energy use in industry and buildings globally, and about one-quarter of energy-sector emissions. China’s buildings and industry sectors account for about one-third of global...
WHY IS IT IMPORTANT TO IMPROVE ENERGY EFFICIENCY IN AFRICA?
Africa's population is growing faster than any other region worldwide, with electricity demand expected to increase by 75 per cent by 2030. To ensure that Africa is sustainable, the continent must have...
DESALINATION SOLVES THE PROBLEM OF WATER SHORTAGE BUT REQUIRES THE USE OF A LARGE QUANTITY OF ENERGY
The UN Environmental Protection Program (UNEP) has noted that drought is becoming a worldwide problem, which is why a state of emergency has been declared in some countries. According to relevant reports,...
It is time for CCUS to deliver
Carbon capture, utilisation and storage (CCUS) is an important part of the technology portfolio for meeting net zero ambitions. In the IEA’s Net Zero Emissions by 2050 (NZE) Scenario – which lays...
CAN METHANE EMISSIONS MATCH CLIMATE GOALS BY 2030
Last year was marked by record-high methane emissions from the energy sector. However, the end of the year brought the United Nations Conference on Climate Change 2023 (COP28) and the pledges that...
HOW CAN SATELLITES AND ARTIFICIAL INTELLIGENCE REDUCE METHANE EMISSIONS?
Although it seems that in the fight against the climate crisis, the strongest focus is on reducing carbon dioxide emissions, last year's UN Conference on Climate Change showed that there is a...
