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Tag: International Energy Agency
European Commission And International Energy Agency In A Common Bid To Reduce EU Reliance On Russian Fossil Fuels
The European Commission and the International Energy Agency are joining forces to help EU countries reduce their reliance on Russian fossil fuels.
By strengthening investments in clean energy and energy efficiency, the project...
G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions
G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions...
With Only 2 percent of Governments’ Recovery Spending Going to Clean Energy Transitions, Global Emissions Are Set to Surge to an all-time High
Governments worldwide are deploying an unprecedented amount of fiscal support aimed at stabilising and rebuilding their economies, but only about 2 percent of this spending has been allocated to clean energy measures,...
IEA Calls on Companies, Governments and Regulators to Take Urgent Action to Cut Methane Emissions From Oil and Gas Sector
Drop in methane emissions from oil and gas industry in 2020 due mainly to lower production rather than prevention of leaks, says IEA as it releases new ‘how-to’ guide for policy makers...
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...
A Rebound in Global Coal Demand in 2021 is Set to be Short-Lived, but no Immediate Decline in Sight
After a major drop in recent years, global coal demand is forecast to rise by 2.6 percent in 2021 before flattening out to 2025.
A global economic recovery in 2021 is expected to...
Urgent Action Needed for the Energy Transition in Heating and Cooling
The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of the global...
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...
After Stalling Last Year, Renewable Power Capacity Additions to Hit Double-Digit Growth in 2019
After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, driven by solar PV’s strong performance, according to the International Energy Agency.The...
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...
India Invests More in Solar Than Coal for First Time
India invested more money in solar energy than coal-fired generation for the first time ever last year.That’s according to a new report from the International Energy Agency (IEA), which also highlights how...
Mexico Becomes 30th International Energy Agency Member Country
Mexico was officially welcomed as the 30th International Energy Agency member country on February 17, making it the first member from Latin America and helping to increase the impact of the Agency...
IEA Highlights Chile’s Potential As Renewable Energy Behemoth
The International Energy Agency has this week published a new report highlighting the emergence of Chile as one of the world’s growing renewable energy destinations, thanks to second-to-none resources and increasingly forward-looking...
Solar Technology Hits Historic ‘New Era’
Solar power was the fastest-growing source of new energy in 2016, surpassing the net growth of all other energy sources including coal, according to a new report from the International Energy Agency...
Europe Could Attract $417 Billion With Higher Wind-Power Target
Europe’s wind power industry may attract 351 billion euros ($417 billion) of investment by 2030 if countries adopt reforms and targets for their energy systems in the next year, trade association WindEurope...
2 Million Electric Cars Now Trolling Pollution, IEA Reports
The number of electric cars in the world has increased 60% since this time a year ago, according to the International Energy Agency. That’s the good news. The not so good news...