IEA
Countries are not on track to triple renewable energy capacity by 2030, despite their national energy and climate pledges, an analysis from the International Energy Agency (IEA) warns today (June 4). Official commitments in national energy and climate plans currently amount to 1300 gigawatts, IEA stated, only 12% of the goal set at COP28 of tripling capacity. If countries implemented all their pledged ambitions for 2030 however, that would amount to 11,000 gigawatts of installed global renewable capacity. This is led by European countries, the report stated, which contribute a fifth of the ple...
Euronews (English)
World leaders are gathering in Paris today to tackle one of the world’s biggest silent killers: dirty cooking fuels. In Africa, where four in five people cook over open fires and basic stoves, it is the second leading cause of premature deaths among women and children. Convened by the International Energy Agency (IEA) at UNESCO headquarters, the Summit on Clean Cooking in Africa is set to announce a major sum and solutions to tackle the issue. “I believe if your neighbour’s house is burning, you help them. Africa is our neighbour,” IEA executive director Dr Fatih Birol told Euronews Green ahea...
Euronews (English)
Das Tempo der Verbreitung von Elektroautos wird nach Einschätzung der Internationalen Energieagentur (IEA) von deren Erschwinglichkeit und von der Verfügbarkeit von Ladesäulen abhängen. Wachsende Exporte von Elektroautos chinesischer Hersteller, auf die 2023 mehr als die Hälfte aller Verkäufe entfielen, könnten den Druck auf die Autopreise weiter erhöhen, teilte die IEA in Paris mit. Chinesische Unternehmen mit Produktionsstätten im Ausland hätten in Überseemärkten einen starken Absatz erzielt mit erschwinglicheren Modellen, die 2022 und 2023 auf den Markt gekommen seien. Das zeige, dass die P...
DPA (German)
Paris (AFP) - Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up prices, the IEA said on Thursday. The OPEC+ cartel, led by Saudi Arabia and Russia, has been restraining production to maintain prices but the latter have recently slumped due to the weakening of the global economy and increases in output outside the bloc. "The continued rise in output and slowing demand growth will complicate efforts by key producers to defend their market share and maintain elevated oil prices," the International Energy Agency said in its monthly re...
AFP
Paris (AFP) - The International Energy Agency said on Thursday the risk of oil supply disruptions due to the conflict between Israel and Hamas is limited but that it stands ready to intervene in markets if necessary. The Paris-based agency, in addition to its analysis and advisory roles, coordinates the release of emergency stocks held by its 31 mostly advanced-economy member nations. A weekend attack by Hamas on Israel, and Israeli's military retaliation, have left thousands dead and rattled oil markets, amid fears that other nations might intervene and possibly disrupt shipments in the Middl...
AFP
Paris (AFP) - Rich and developing nations alike must sharply improve their net-zero targets, the International Energy Agency said Tuesday, warning that a clean energy surge was the main reason the world's climate goals are still achievable. Wealthy countries must now reach carbon neutrality in around 2045, five years early, and China should speed up by a decade to 2050 to keep to the Paris goal of limiting warming to 1.5 degrees Celsius above pre-industrial levels, the IEA said. "The world has already delayed too long to avoid hard choices," the global energy watchdog said. The report, which c...
AFP
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