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Oil Price
Election Euphoria Ends For Oil Prices
The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand center…
LNG
IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the…
Digitalization
Global Energy Sector Employment Increased by 3.8% in 2023, Outpacing the Wider Economy
New IEA report finds that sector added 2.5 million jobs worldwide last year, led by clean technology manufacturing, though skills shortages remain a key issueEm…
COP29
IEA at COP29: High-Level Roundtable on Energy: Advancing Climate Mitigation Action
The COP29 Presidency and International Energy Agency (IEA) are convening the final in a series of high-level energy transition dialogues to support the COP29 cl…
Solar Technology
Technology Radar for Solar Energy Buildings
Buildings with a high solar fraction require a good mix of technologies and energy efficiency measures. The scientists of IEA SHC Task 66 on Solar Energy Buildi…
Solar project
Clean Energy to Become Largest Source of Power in Mid-2030s, Says Iea
Clean-energy sources are set to grow at a faster pace than global energy demand by the end of the decade, becoming the largest source of energy in the mid-2030s…
Carbon Emissions
Renewable Energy to Fall Short of UN Goal to Triple by 2030, IEA Says
High-voltage power lines, an electricity pylon and wind turbines are seen near Pedrola, Spain, December 12, 2021. Picture taken on December 12, 2021. REUTERS/Al…
Carbon Emissions
Climate Goal to Triple Global Renewable Energy by 2030 Within Reach, Iea Says
Electrical power pylons of high-tension electricity, a transformer station, and a wind turbine stand in Nijmegen, Netherlands, February 7, 2024. REUTERS/Pirosch…
Hydrogen Production
Wärtsilä Launches World's First Large-Scale 100% Hydrogen-Ready Engine Power Plant
Technology group Wärtsilä launched the world’s first large-scale 100% hydrogen-ready engine power plant. The IEA World Energy Outlook 2023 shows…
Renewable Energy
IEA Expects Global Clean Energy Investment to Hit $2 Trillion in 2024
A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco…
Renewable Energy
World Will Miss Target of Tripling Renewable Electricity Generation by 2030 – Iea
Solar panels in a field in West Sussex, UK. Solar power makes up about half of the capacity governments are planning to install, according to the International …
Hydrogen Project
Hysata's $111M Boost to Scale up Hydrogen Production as Industry Gains Strength
Green hydrogen is a critical source of fuel for decarbonising heavy industry metals and according to Federal energy minister Chris Bowen, is a vital part of Aus…
Energy Storage Project
Tumble in Storage Battery Costs to Boost Shift to Renewables, Says IEA
The International Energy Agency chief Fatih Birol poses during an interview with Reuters in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Pho…
Oil & Gas Trade
IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. ReutersThe International Energy Agency has revised down it…
Oil & Gas Supply
IEA Sees Relatively Well Supplied Oil Market in 2024
A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsThe glo…
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