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Global Electric Car Sales Set for Further Strong Growth After 40 percent Rise in 2020
New IEA report sees major expansion in electric vehicle adoption this decade, which could accelerate further if governments implement policies aimed at reaching net zero goals.
The global auto industry suffered a punishing...
IEA to Produce World’s First Comprehensive Roadmap to Net-Zero Emissions by 2050
The International Energy Agency announced that it will produce the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050 as it further strengthens its leadership role in...
The Global Transformation of the Electricity Sector Requires Greater Efforts to Ensure Security of Supply
New IEA report offers recommendations for how to respond to evolving challenges for electricity systems from growth of variable renewable electricity, cyber threats and extreme weather events.
The electricity sector, which plays a...
As the Health Crisis Hammers the Auto Industry, Electric Cars Remain a Bright Spot
Beyond the immediate impact on health, the Covid-19 pandemic is causing a major shock to the global economy. Electric cars – a key element of transitions to cleaner energy – are being...
Staying the Course on Clean Transport Fuels in Latin America
Modern bioenergy is an often-overlooked giant among renewable energy sources, accounting for half of the world’s renewable energy consumption. Biofuels are by far the largest source of clean transport fuels, with almost...
Will the Historic Decisions Bring the Oil Industry Back From the Brink?
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...
Oil and Gas Industry Needs to Step Up Climate Efforts Now
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to...
IEA Launches New Tool for Tracking Oil and Gas-Related Methane Emissions Worldwide
The International Energy Agency has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. The new “methane tracker” offers the most...
EBRD and EU finance Serbian businesses via OTP Banka Serbia
The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent...
Renewables Jobs Nearly Doubled in Past Decade, Soared to 13.7 Million in 2022
Worldwide employment in renewable energy reached 13.7 million in 2022, an increase of one million since 2021 and up from a total of 7.3 million in 2012, according to a new report...
Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal
Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...
2023 Strategic Foresight Report: sustainability and wellbeing at the heart of Europe’s Open Strategic Autonomy
Today, the European Commission presented the 2023 Strategic Foresight Report, which analyses how to put ‘sustainability and people's wellbeing at the heart of Europe's Open Strategic Autonomy' and suggests ten concrete actions...
End of Coal in Sight at COP26
Coal is being consigned to history today at COP26, as countries, banks and organisations move away from the single biggest contributor to climate change.
A just transition to clean energy and the rapid...
Evaluate, Anticipate and Act!
These are three major principles of Portugal’s Air Strategy, one of many adopted by the government of this country to mitigate climate change consequences and safeguard the environment. We talked to the...
Statkraft Chooses ABB Synchronous Condensers to Help the UK National Grid Meet Its Zero-Carbon Targets
The project in Liverpool combines ABB synchronous condensers with flywheels to help stabilize the power grid as renewable energy replaces large fossil-fueled rotating power plants.
ABB has been awarded a major turnkey contract...
A Deep Demonstration of a Circular, Regenerative and Low-Carbon Economy in Slovenia
The Slovenian parliament passed a motion to adopt an EIT Climate-KIC-led proposal called “A Deep Demonstration of a Circular, Regenerative and Low-Carbon Economy in Slovenia” last November. The initiative is one of...
