The International Energy Agency works with countries around the world to shape energy policies for a secure and sustainable future.
The International Energy Agency works to ensure reliable, affordable and clean energy for its 29 member countries and beyond.
The IEA is the global energy authority, providing data, analysis and solutions on all fuels and all technologies. We help governments, industry, and citizens make good energy choices.
Mission: Founded in response to the 1973/4 oil crisis, the IEA’s initial role was to help countries co-ordinate a collective response to major disruptions in oil supply through the release of emergency oil stocks to the markets. While this continues to be a key aspect of its work, the IEA has evolved and expanded. It is at the heart of global dialogue on energy, providing authoritative and unbiased research, statistics, analysis and recommendations. Today, the IEA’s four main areas of focus are: - Energy security: Promoting diversity, efficiency and flexibility within all energy sectors. - Economic development: Ensuring the stable supply of energy to IEA member countries and promoting free markets to foster economic growth and eliminate energy poverty - Environmental awareness: Enhancing international knowledge of options for tackling climate change. - Engagement worldwide: Working closely with non-member countries, especially major producers and consumers, to find solutions to shared energy and environmental concerns.
Join the authors of our just-released Renewable Energy Market Update, which provides an assessment of the impacts of the #Covid19 crisis on renewables, for a public webinar on the key findings:
🗓️ Tues 2 June
⏰ 15:00-16:30 CEST
✍️ Sign-up → https://iea.li/3gHlkqv
The share of clean energy in total investment will rise towards 40% in 2020 because of the sharp decline in fossil fuel spending.
But in absolute terms, clean energy investment is still far below levels needed to achieve a lasting reduction in emissions https://iea.li/2Xxbr65
We just released our World Energy Investment report. Its findings are deeply troubling for our energy future. #Covid19 has triggered the largest annual fall in global energy investment in history, a decline of almost $400 billion, or 20% compared with last year.
World Energy Investment 2020 - Analysis and key findings. A report by the International Energy Agency.
On Wednesday, we're releasing World Energy Investment 2020, a major report analysing the impact of the #Covid19 crisis on investment trends across the global energy sector & their implications for energy security & clean energy transitions. Not to be missed!
🗣️"Despite the crisis, electric car sales could reach a record share of the overall car market this year"
Read more from Timur Gül, Marine Gorner & Leonardo Paoli as they look at what happened to the global car market as the #Covid19 crisis escalated → https://iea.li/2Zyzvs2
🗣️"As countries in Europe & beyond rebuild from today’s crisis, we should mend our economies & our planet at the same time."
Don't miss this op-ed by EU Commission Executive Vice-President Frans Timmermans & IEA Executive Director Fatih Birol on making Europe's recovery a sustainable one → https://iea.li/2Ztsetw
For the first time in 20 years, the world is set to add less wind, solar & other renewable power capacity than the year before. Renewables are less hard hit than other fuels in this crisis, but they're not immune → https://iea.li/2Tn143k
On Wednesday, we’re releasing a new report exploring the impact of the #Covid19 crisis on renewable energy markets, including new forecasts for renewable power capacity additions in 2020 & 2021. Stay tuned 📣
🎧The first episode of our all-new podcast, Everything Energy, is out now! Join our Chief Energy Modeller Laura Cozzi as she unpacks the impacts of the #Covid19 crisis on energy trends & CO2 emissions.
Apple podcasts → https://iea.li/2WwroKt
Spotify → https://iea.li/2Z7SBoy
🗣️ "More than just renewables & efficiency will be required to put the world on track to meet climate goals & other sustainability objectives [...] Batteries & hydrogen-producing electrolysers stand out as two important technologies."
Read more → https://iea.li/2Ljkkum
The shock to energy demand as a result of the #Covid19 pandemic is set to be the largest since the end of the Second World War.
Explore our just-released report for insight on the impacts of the pandemic on global energy trends & CO2 emissions → https://iea.li/3bcC30Q
Changes to electricity use during lockdowns have resulted in significant declines in overall electricity demand, with consumption levels & patterns on weekdays looking like those of a pre-crisis Sunday → https://iea.li/2W7UPT3
🗣️ "This is a historic shock to the entire energy world. Amid today’s unparalleled health & economic crises, the plunge in demand for nearly all major fuels is staggering."
Our Executive Director Fatih Birol launching Global Energy Review 2020 on Thursday → https://iea.li/2Ysozvw
Global CO2 emissions are set to fall this year by the largest amount in history.
But this decline, on the back of premature deaths & economic trauma, is nothing to celebrate. The world needs structural emissions reductions driven by better policies → https://iea.li/35qFYpS
The #Covid19 pandemic is the biggest shock to the global energy system in more than 7 decades.
Explore key findings from our just-released Global Energy Review, for an almost real-time view of the extraordinary impact across all fuels & CO2 emissions ⬇️
Global Energy Review 2020 - Analysis and key findings. A report by the International Energy Agency.
Cooling accounts for 10% of global electricity consumption & demand is expected to triple by 2050.
Join us next week for a webinar on how cooling as a service is set to revolutionise the cooling industry.
🗓️ Wed 22 Apr
⏰ 10 -11 CEST
✍️Sign-up now → https://iea.li/2XLwtzA
We need to learn from what happened in 2009 & 2010 to make smart policy decisions that can put emissions into structural decline this decade.
Governments around the world are considering massive stimulus packages to try reboot their economies after the worst of the Covid-19 pandemic has past. These huge spending programmes are likely to be once-in-a-generation in scale and will shape countries’ infrastructure for decades to come.
The next edition of our newsletter, with significant analysis on how the coronavirus crisis is affecting the energy world, is out on Monday.
Sign-up today 📧→ https://iea.li/2Vhuy4o
"It's very important to learn lessons [from the 2008-09 crisis] for how we can design stimulus packages to help boost economic recovery, boost the resilience of our energy systems & tackle the climate challenge"
Our Executive Director Fatih Birol on the Global Optimism podcast earlier this month. Listen back here → https://iea.li/3ck6L9o
🗣️"A collective effort to marry the pressing goals of stimulus with the longer-term aims of clean & efficient energy transitions can only bring benefits to all."
Read more in this commentary from IEA colleagues Brian Motherway & Michael Oppermann → https://iea.li/2RAZCK9
In this paper, we examine 3 categories of #EnergyEfficiency investments for governments to consider in their economic stimulus packages:
1️⃣ Buildings and construction
2️⃣ Technology replacement
3️⃣ Infrastructure projects
Learn more 👇 https://iea.li/2VtICX0
Considering the unprecedented economic impact of the #coronavirus crisis, the growth of renewable capacity additions this year may very well slow down for the first time in history.
However, governments have the ability to change this trajectory → https://iea.li/2RzRTfi
🗣️"Whether governments invest in hospitals or schools, streetlights or smart grids, housing or infrastructure, stimulus programmes can incorporate ambitious, cost-effective #EnergyEfficiency elements for little additional effort or cost."
Read more → https://iea.li/2V7hNJB
🗣️"Renewable technologies such as wind & solar PV have experienced spectacular growth over the past two decades. But without government action, the crisis caused by #COVID19 could considerably disrupt their momentum."
Read more from analyst Heymi Bahar: https://iea.li/34AGrW7
Energy Efficiency has a strong role to play in boosting jobs & economic growth while also supporting clean energy transitions around the world. Read our just-released strategic considerations for policy makers → https://iea.li/2VsmWe8
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