The International Energy Agency has provided in-depth support for this weekend’s meeting of G20 energy and environment ministers, including the publication of a major new study on hydrogen’s potential role in global energy transitions.
Higher average oil prices in 2018 pushed up the value of global fossil fuel consumption subsidies back up toward levels last seen in 2014, underscoring the incomplete nature of the pricing reforms undertaken in recent years, according to new data from the IEA.
The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future development, is being launched by Dr Fatih Birol, the IEA’s Executive Director, alongside Mr Hiroshige Seko, Japan’s Minister of Economy, Trade and Industry, on the occasion of the meeting of G20 energy and environment ministers in Karuizawa, Japan.
Wednesday’s discussions will help to inform a special report on Africa in the 2019 edition of the World Energy Outlook, the IEA’s flagship publication. They will also help the IEA to determine the next steps in its engagement with African Union members and in its work on several key Africa programmes in the years ahead.
Dr Kandeh Yumkella, a former United Nations Under-Secretary-General, will become an advisor to the International Energy Agency on Africa and energy access issues at a time when the IEA is significantly expanding its engagement in the region.
Heating in buildings is at the core of energy consumption – space heating and hot water production account for around 70% of energy consumption in residential buildings in IEA countries, resulting in significant CO2 emissions. This is receiving increasing attention in many countries, including through a renewed focus in IEA’s in-depth reviews of energy policies of IEA member countries.
After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
The International Energy Agency released its latest in-depth review of the United Kingdom’s energy policies on Thursday, welcoming reforms that aim to promote decarbonisation and innovation in clean energy technologies.
The International Energy Agency is hosting the 2019 edition of the International Energy Workshop this week, the leading conference for the international energy modelling community. The three-day workshop has brought together 250 participants from over 40 countries with more than 100 authors presenting original academic work.
This (invitation only) event aims to:
- Identify strategic priorities for shared IEA and Technology Collaboration Programmes (TCP) work on energy technology and innovation
- Support membership growth within the TCPs and increase engagement with governments and private sector
- Strengthen partnerships among TCPs and with other leading international initiatives
- Enhance TCP operations and communication by comparing experiences, sharing new developments, exploring best practice approaches, and enabling networking
In WEO 2018 IEA introduced the Future is Electric Scenario to test what could happen to electricity demand if economic opportunities for electrification were maximized. We found that industry had the potential to account for a major portion of increased electrification globally, rising from 27% today to 37% in 2040 – an increase of almost 1 700 TWh. This growth would take place across a wide range in various sub-sectors, from 13% in cement production to 60% in aluminium.
With nuclear power facing an uncertain future in many countries, the world risks a steep decline in its use in advanced economies that could result in billions of tonnes of additional carbon emissions, according to a new report by the International Energy Agency.
This year’s International Energy Workshop (IEW2019) will be hosted by the IEA and held in Paris from 3-5 June. Register today to be part of this event, which will include three plenary sessions and more than 100 presentations in parallel sessions focusing on a wide array of topics, including environmental and climate policy, renewable and innovative energy technologies, economics and technology insights in the energy transitions context.
Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest populations and to improve energy sustainability, according to a new report produced by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank and the World Health Organization (WHO).
The objective of the training week is to enable participants to learn from leading experts in the field and from each other, strengthening the knowledge and networks needed to meet some of today’s most pressing challenges. The week-long activities focus on the critical role of energy efficiency in mitigating growing energy demand across all sectors in the world’s fastest‑growing economies.
Dr Fatih Birol, the International Energy Agency’s Executive Director, visited Beijing on 16 and 17 May where he met with senior government officials, gave a keynote speech and launched a major new report on China’s gas market.
The expert panel aims to discuss the conditions that could facilitate a full role out of EVs. It will develop the discussion focusing first on specific topics, trying to address challenges and solutions that could facilitate greater EV deployment: freight and mass transit, charging infrastructure and batteries. A fourth panel will provide indications for CEM governments on the policies that are most relevant to move towards a deep transition towards electric mobility.
Geopolitics and industry disruptions are confusing the supply outlook, and the first change to our 2019 demand outlook for several months. The ongoing geopolitical supply concerns around Libya, Iran, and Venezuela have been joined in the past few days by the attacks on shipping off Fujairah and on two pumping stations in Saudi Arabia.
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review.
The International Energy Agency’s annual benchmark for tracking energy investment, World Energy Investment 2019 provides a full picture of today’s capital flows and what they might mean for tomorrow’s energy sector. It assesses whether the frameworks and strategies put in place by governments, the energy industry, and financial institutions are spurring timely investment, and how spending across sectors and technologies matches with the world’s energy security and sustainability needs.
The International Energy Agency released the latest in-depth review of Morocco’s energy policies today, welcoming the institutional, legal and fiscal reforms undertaken to promote the sustainable development of the country’s energy sector.
After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about meeting long-term climate goals.