Having reliable data and indicators on how energy is used is key to informing and monitoring the effectiveness of energy efficiency policies. Highlighting the importance of such data, the IEA has updated its Energy Efficiency Indicators database with annual data from 2000 to 2016, with expanded geographical coverage and a new interactive visualization tool that better shows country-specific final energy consumption patterns across all end uses.
As part of India’s objective to improve its energy statistics, the IEA ran a 4 day workshop attended by 35 Indian officials and a one day Energy Statistics Forum for States, attended by over 100 officials representing 20 states. The interactive workshop aimed at enhancing cooperation and data sharing between ministries, enhancing knowledge of energy statistics and ways to enhance and develop data. The Forum provided an overview of energy balances and wider data and then focused on key areas for states: renewables, energy efficiency and consumption surveys.
Based on the latest available energy data, energy-related CO2 emissions in North America, the European Union and other advanced economies in Asia Pacific grew, as higher oil and gas use more than offset declining coal consumption. As a result, the IEA expects CO2 emissions in these economies to increase by around 0.5% in 2018.
With energy accounting for about 85% of global CO2emissions, meeting the long-term objectives of the Paris Agreement means fundamentally changing the way we produce and use energy. It will require a greater emphasis on energy efficiency and innovation, speeding up the deployment of low-carbon technologies, like solar PV and wind, accelerating the development of carbon capture, utilisation and storage (CCUS), and in some cases retiring existing assets. The IEA’s all-energy expertise can help governments be smarter about achieving their objectives of energy development and decarbonisation, ensuring universal energy access, lessening the health impacts of air pollution, providing affordability and maintaining energy security.
This webinar will focus on where we are today and how we could achieve key energy-related sustainable developments goals on climate change; air quality and universal access to modern energy.
Even with modern production techniques, a large share of the oil in a reservoir is not produced during primary and secondary recovery (read a description of EOR on our new CCUS page or in the explainer below). Some of this oil can, however, be accessed through the use of more complex and energy intensive extraction techniques such as the injection of heat, chemicals, CO2 or other gases. These techniques have been successfully and commercially deployed in multiple countries over many decades.
EDINBURGH, Scotland – The International Energy Agency and the Government of the United Kingdom are holding a global summit on carbon capture, utilization and storage (CCUS) today, bringing together global energy leaders, including Ministers and senior representatives from more than a dozen countries, CEOs of major energy companies and the financial community, to identify practical steps to accelerate investment and deployment of CCUS.
The Government of the United Kingdom and International Energy Agency will co-host an International CCUS Summit in Edinburgh on 28 November 2018. The Summit will bring together global energy leaders, including Ministers, CEOs of major energy companies and the financial community, to identify practical steps to accelerate investment in CCUS as a critical climate solution. The IPCC recently highlighted the unique importance of CCUS technologies in meeting climate goals and the CCUS Summit will provide an important opportunity to advance these technologies ahead of the COP24 negotiations.
OSLO and COPENHAGEN – Dr Fatih Birol, the Executive Director of the International Energy Agency, visited Norway and Denmark to present the latest findings from the World Energy Outlook, highlight the IEA’s emphasis on carbon capture, utilization and storage, and discuss the state of the global energy system.
The International Energy Agency on Wednesday held a meeting of the IEA Energy Business Council, which brings together representatives of the world’s largest energy companies, to discuss the state of the global energy system.
The future of self-driving cars remains highly uncertain. But visions of fully autonomous vehicles have captured the public imagination, with academics, technologists, and cultural commentators speculating on what a self-driving future might mean.
“While the world is becoming more energy efficient, strong global growth is offsetting those gains. As a result, we are consuming more energy and emitting more carbon dioxide.”
“The links between energy and water run deep, which explains why the IEA is looking at the issue. New analysis in this year’s World Energy Outlook (WEO) shows that today’s water sector, which includes the collection and treatment of wastewater, accounts for 4% of total global electricity consumption.”
The new IEA World Energy Outlook (WEO) was released on 13 November and in this webinar you can hear about the key findings from two of the Outlook’s lead authors, Tim Gould and Brent Wanner.
The International Energy Agency was invited to take part in the first Paris Peace Forum, an initiative launched by President Emmanuel Macron of France in support of international collaboration and collective responsibility. The event brought together world leaders including Angela Merkel, Chancellor of Germany and Antonio Guterres, UN Secretary General.
In early October, the price of Brent crude oil reached a four-year high above $86/bbl, reflecting the legitimate fears of market tightness. In our view, this was a dangerous “red zone” and it justified calls for producers to raise output. Today, the price has fallen to a more reasonable level close to $70/bbl, well below where it was in May before the US announced its change of policy on Iran. Lower prices are clearly a benefit to consumers, especially hard-pressed ones in developing countries that are suffering from the additional handicap of weak national currencies. For now, forecasts of oil demand growth remain solid with an increase of 1.3 mb/d this year and an increase to 1.4 mb/d in 2019, even though the macro-economic outlook is uncertain.
At a time when geopolitical factors are exerting new and complex influences on energy markets, underscoring the critical importance of energy security, World Energy Outlook 2018, the International Energy Agency’s flagship publication, details global energy trends and what possible impact they will have on supply and demand, carbon emissions, air pollution, and energy access.
The fourth Symposium on Gas and Coal Market Outlooks was held in Paris yesterday by the International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) to exchange views and compare outlooks for natural gas and coal markets in the short, medium and long term.
CAPE TOWN – HE Minister Jeff Radebe, Minister of Energy of the Republic of South Africa, and Dr Fatih Birol, Executive Director of the International Energy Agency, jointly announced today South Africa’s decision to join the IEA as an Association country. South Africa is the first sub-Saharan African country to institutionalise its engagement with the IEA, a development that marks an important milestone for energy governance in Africa and globally.
The International Energy Agency held its third annual global conference on energy efficiency in Paris last week, bringing together more than 200 energy professionals from over 60 countries, to focus on the critical role that efficiency plays in the global energy transition, as well as opportunities that can be addressed. During the event, which brought together energy ministers, high-level officials from the public and private sector, as well as a wide range of organizations, Dr Fatih Birol, the IEA’s executive director, also launched an online platform for energy efficiency data and information, which showcases the depth of the IEA’s expertise on the topic.