EU-funded researchers are boosting energy cooperation between the EU and nearby countries to the south and east, advancing knowledge on integrating renewables into energy systems, as well as researching improvements in energy efficiency.
Global energy investment totalled USD 1.8 trillion in 2017, a 2% decline in real terms from the previous year, according to the World Energy Investment 2018 report. More than USD 750 billion went to the electricity sector while USD 715 billion was spent on oil and gas supply globally.
Today’s discussions focused on energy infrastructure, innovation and transitions as important means of promoting transparent, open and secure energy markets.
BEIJING/GUIYANG – Dr Fatih Birol, the Executive Director of the International Energy Agency (IEA) was in China from 7-9 July for talks with Chinese ministers on opportunities to broaden and deepen collaboration to bolster energy security, reduce carbon intensity, and improve air quality.
This commentary was written by members of the IEA’s Environment and Climate Change Unit: Anita Hafner, Peter Janoska and Caroline Lee.
The EBRD Board of Directors has approved an up to €500 million loan today for the construction of the Trans Adriatic Pipeline (TAP), a priority project of the European Union (EU) and the Energy Community.