Clean Energy Minerals Market Cools in 2023 as Supply Meets Demand
The market for vital minerals used in clean energy tech, such as solar panels, wind turbines, and electric cars, witnessed a notable release of pressure in 2023 as supply exceeded…
IEA Lowers 2024 Oil Demand Growth Forecast, Deepening Gap with OPEC
IEA lowers the 2024 oil demand forecast, widening the gap with OPEC on global demand growth expectations. The International Energy Agency (IEA), which revised its forecast downward on Wednesday, has…
International Energy Shift Crucial to Meeting Climate Goals: Robert Habeck
Minister Habeck emphasized importance of maintaining momentum, particularly in ensuring adequate renewable power for green hydrogen production and industrial transformation. Germany’s economy and foreign affairs ministers have emphasized the critical…
Global Oil Demand Surges Amid Red Sea Turmoil and Economic Optimism
The Paris-based agency revealed a 110,000 barrels per day (bpd) increase in its forecast for global oil demand compared to previous estimates. The International Energy Agency (IEA) has announced a…
OPEC and IEA at Odds Over Oil Demand Growth Forecasts
The world’s premier forecasters of oil demand growth, OPEC and IEA find themselves further apart than they have been in at least 16 years, as per Reuters research. In a…
Renewable Energy Surges, Set to Eclipse Coal Power Globally by 2025
IEA predicts that renewable energy will surpass coal power by 2025, accounting for over one-third of the world’s total electricity generation. In a significant stride towards a cleaner and more…
OPEC Predicts Strong Global Oil Demand, Especially in 2025
The Organization of the Petroleum Exporting Countries (OPEC) has reaffirmed its outlook for strong growth in global oil demand, particularly in 2025. The Organization of the Petroleum Exporting Countries (OPEC)…
Latin America Poised to Lead Global Clean Energy Transition: IEA
The International Energy Agency (IEA) emphasizes Latin America’s critical role in the global transition to clean energy sources in its first energy outlook, which focuses on the region. The International…
Nairobi To Host 9th Annual Global Conference On Energy Efficiency In 2024
IEA Executive Director and Kenya’s Minister of Petroleum and Energy jointly announced that 9th Annual Global Conference on Energy Efficiency would take place in Nairobi, Kenya. The International Energy Agency…
IEA Forecasts Transformative Shift Towards Clean Energy By 2030
In the United States, the IEA predicts that electric vehicles will constitute 50 percent of new car registrations by 2030, a significant leap from the previously projected 12 percent. The…
Google’s New Search Tools Help People Make Clean Energy Choices
In response to the ongoing global energy crisis, which underscored the cost-effectiveness of clean energy technologies, Google has unveiled two groundbreaking search features. In response to the ongoing global energy…
Energy Experts: Limiting Global Warming To 1.5 Degrees Celsius Still Possible
IEA’s Executive Director, Fatih Birol, stressed the urgency for governments to prioritize climate action over geopolitical considerations. In a recent report released by the International Energy Agency (IEA), experts affirm…