The Governing Board of the International Energy Agency has voted unanimously to reappoint Dr Fatih Birol as Executive Director, giving him strong backing to lead a new era for the IEA. His reappointment, for a third term, comes at a pivotal moment for the IEA amid heightened awareness that clean energy transitions must be not […]
Demand for Lithium Raw Materials Surged by 40 Times, IEA
Demand for Lithium Raw Materials Surged by 40 Times; IEA: Ascending Mineral Prices Will Impact Green Energy Development. Numerous countries are currently intensifying on the investment on renewable energy and electric vehicles in the hope of achieving their respective targets in carbon reduction and zero carbon emission. Though the International Energy Agency (IEA) has given […]
UAE Set to Double Clean Energy Output in 2 years as IEA Eyes New Global Record
Renewable power generation grew worldwide at the fastest rate in two decades in 2020, and that trend is set to continue in the aftermath of the pandemic led by countries including the UAE, which is on course to double clean energy production by 2030. A new report released on Tuesday by the International Energy Agency […]
IEA launches global group to tackle fallout from energy transition
Birol said he was optimistic the new U.S. administration would join other major economies in committing to a net zero emissions target by mid-century. President Biden has temporarily suspended the issuing of permits for oil and gas drilling in federal acreage, reversing the direction taken by his predecessor Donald Trump who had sought to maximise […]
China’s CO2 emissions will be higher in 2020 than in 2019, says IEA’s Birol
“As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital energy conference OSLO: China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of […]
Record new renewable energy capacity this year and next – IEA
In its annual renewables outlook, the IEA said new additions of renewables capacity worldwide would increase by 4% from last year to a record 198 gigawatts (GW) this year. LONDON: Record levels of new renewable energy capacity are set to come on stream this year and next, while fossil fuel capacity will fall due to […]
Won’t take long for clean energy investments to rebound: Fatih Birol, IEA
Replying to questions by ETEnergyWorld at the launch of IEA’s latest report, Birol said government policies will be critical for investments to come back on track New Delhi: It will not take too long for the world to come out of the historic 20 per cent fall in global clean energy investments, according to Fatih […]
Global renewable power capacity to rise by 50% in five years-IEA
Global renewable energy capacity is set to rise by 50% in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA). Total renewable-based power capacity will rise by 1.2 terawatts (TW) by 2024 from 2.5 TW last year, equivalent to the total installed current […]
World nations failing the poorest on energy goals: study
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals, according to a report released Wednesday. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise […]
