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Clean Energy Transition
SEA Needs $190B Annual Energy Investments by 2030: IEA
This amount will help the region reach its climate goals.
Electric Car
Global Electric Car Sales Surge in 2022 on Strong Government Policies, IEA Says
China, Europe and the US drive most of the growth in the first quarter, IEA says.
Solar Cell
Global Solar Demand to Reach 190 GW This Year, Says IEA
The International Energy Agency expects solar, wind power, and other renewable energy technologies to achieve triple-digit global growth this year, with new PV …
Solar Cell
Solar PV to Lead over 8% Addtional RE Capacity in 2022: IEA
Global renewable energy installations are expected to reach around 300GW.
Crude Oil
Biden Sidelined Global Energy Partners with Record Emergency Oil Release
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in IEA, leaving them scrambling to match…
Hydrogen Production
How is Green Hydrogen Produced?
The International Energy Agency (IEA) has reported that the world needs to produce approximately 306 million tons of green hydrogen every year if it is going to…
World Needs to Spend an Additional $1.3Bn on Energy by 2030
A new report found that oil and gas need a boost in contrast to previous IEA report which urged governments to stop new fossil fuel plans.
Natural Gas
Natural Gas Demand to Slip in 2022 Amidst Russia-Ukraine Conflict: IEA
The downward forecast is equivalent to 50 billion cubic meters of LNG.
Net Zero Emission
Governments Need a More Strategic Approach to Clean Energy Spend – IEA
Clean energy spend by governments responding to the COVID-19 crisis has risen by 50% over the past five months, mostly in developed nations, according to the In…
Energy Transition
IEA: Africa Faces Major Challenges and Huge Opportunities in Transition to Clean Energy
The clean energy transition is an opportunity for many African countries, but they will need the support of the international community, especially to attract t…
Public Clean Energy Spending Jumps 50% to $710b Since October 2021
Government clean energy spending globally in response to the pandemic surged 50% in the last five months, reaching $710b, according to the International Energy …
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Oil Price
IEA to Release New Emergency Oil Stock to Curb Market Turmoil
The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…
Joe Biden
Japan Will Act Appropriately on Oil Reserves Release
Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by Int…
OPEC
Opec Mulls Removing IEA as a Secondary Source
Opec has removed Paris-based energy watchdog the IEA from the panel of "official" secondary sources that monitor the group's monthly crude production.
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