China electric cars reshape fuel demand and Venezuela oil flows
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite...
Tag : IEA
Global energy demand growth 2024 triggers gas demand spike
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
IEA forecasts rapid growth in global power consumption through 2027
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth....
Ministers discuss equitable solutions for energy transitions at G20 meeting
The Global Commission on Clean Energy, led by IEA, met at the G20 to discuss equitable, affordable transitions in energy, addressing key issues for fairer...
IEA report urges stronger policy support for low-emissions hydrogen demand
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such...
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....
Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022
Global sales of heat pumps grew by 11% in 2022, according to the latest International Energy Agency (IEA) analysis, marking a second year of double-digit...
Clean energy transition to help Indonesia to diversify its economy – IEA
A recently released IEA report says Indonesia has a realistic opportunity to achieve the goal of net zero emissions by 2060. This will result in...