Archive | Source: International Energy Agency

Press Release: IEA holds high-level workshop on hydrogen

“On 11 February, the IEA held a high-level workshop on hydrogen, bringing together 140 key experts and decision-makers from all parts of the hydrogen value chain. Participants included government representatives, potential hydrogen suppliers, equipment providers, transporters, users of hydrogen and its derivative products, financers and researchers.”

Press Release: IEA becomes Facilitator of Biofuture Platform

The International Energy Agency officially took over on 1 February as the Facilitator of the Biofuture Platform, a group of 20 countries seeking to accelerate development and scale up deployment of modern sustainable low carbon alternatives to fossil based solutions in transport, chemicals, plastics and other sectors.

Event: Nuclear power in a clean energy system (Paris, 25 February 2019)

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Press Release: Railways could provide much greater benefits for energy and the environment, according to IEA analysis

New Delhi, India – Rail is among the most energy efficient modes of transport for freight and passengers, yet is often neglected in public debate, according to a new report by the International Energy Agency prepared in cooperation with the International Union of Railways (UIC).

Publication: Oil Market Report (18 January 2019)

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Commentary: Winners, losers and unintended consequences in the outlook for oil product demand

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Commentary: Could tight oil go global?

“Tight oil production is today a largely US phenomenon. From less than 0.5 mb/d in 2010, production has surged to around 6 mb/d in 2018 and this growth shows little sign of slowing down any time soon. In the most recent World Energy Outlook, tight oil output continues to rise until well into the 2020s in the New Policies Scenario, reaching more than 9 mb/d. As a result, the United States reinforces its position as the world’s largest oil producer, accounting for almost one in every five barrels of production by 2025; it also become a net oil exporter.”

Press Release: IEA holds first ever Energy Efficiency in Emerging Economies Training Week for India

The International Energy Agency and the Bureau of Energy Efficiency (BEE) of the Government of India co-hosted the first ever Energy Efficiency Training Week for India, from 10 to 13 December in New Delhi. The event, which coincided with India’s 28th National Energy Conservation Day on 14 December, brought together over 100 energy efficiency professionals from government institutions and supporting organisations across all levels of government in India.

Press Release: German Minister for Economic Affairs and Energy Peter Altmaier visits IEA headquarters

Dr Fatih Birol, the Executive Director of the International Energy Agency, welcomed Germany’s Federal Minister for Economic Affairs and Energy, Peter Altmaier, at the IEA’s headquarters in Paris today, underscoring their strengthening relationship.

Press Release: Global coal demand set to remain stable through 2023, despite headwinds

While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as declines in Europe and North America are offset by strong growth in India and Southeast Asia, according to the International Energy Agency’s latest coal market report, Coal 2018.

Oil Market Report: A floor under prices?

OPEC and some non-OPEC oil ministers met in Vienna last week and agreed to curb their output by 1.2 mb/d in order to address growing surpluses in the market. The agreement aims to achieve relative stability and to bring the market towards balance. So far, the Brent crude oil price seems to have found a floor, remaining close to $60/bbl much where it was when the ministers met. Recently, prices have been volatile; in early October Brent crude oil prices reached $86/bbl on concerns that the market could tighten as Iranian sanctions were implemented. Then, thirty-seven days later, they fell back to $58/bbl as producers more than met the challenge of replacing Iranian and other barrels. Such volatility is not in the interests of producers or consumers.

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