Global Economic Stability Faces Severe Threats Amid Middle East Conflict
The ongoing conflict in the Middle East generates severe and asymmetrical impacts across global energy supplies and economic activity. A recent joint statement from the...
Tag : International Energy Agency
Securing Rare Earth Elements’ Supply Chains for the Energy Transition
Rare earth elements drive the modern economy. These 17 obscure metals power electric vehicles, wind turbines, artificial intelligence data centers, and advanced military systems. A...
Clean energy investment needs to tripe to avoid climate disaster; IEA
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Clean Energy investment needs to tripe by 2030 to avoid a climate disaster, the International Energy Agency said this Wednesday, amid the coming Climate Summit...
OPEC sees no need for more oil supply, despite U.S. call
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OPEC, the Organization of Petroleum Exporting Countries, and its allies including Russia, known as OPEC+ see no need for more oil supply; despite last week’s...
Hydro power generation at stake due to climate change: Reuters
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Hydro power generation is facing an important challenge, as climate change is making the access to water more difficult for companies and utilities; according to...
IEA sees slower oil growth for 2021; contrary to OPEC’s forecast
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IEA, the International Energy Agency, said that oil demand will continue to be slow and inconsistent through the rest of the year; as it has...
OPEC forecasts strong oil recovery; sees more U.S. shale for the market
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OPEC said this Thursday on its latest monthly report that oil demand should recover through 2021 and further consolidate for 2022; the Organization’s forecast comes...
IEA releases Electricity Market Report – renewables must keep up
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Today, the International Energy Agency (IEA) released its second Electricity Market Report. According to the agency, electricity demand around the world is rebounding or even...
Smart Cities – crucial toward net-zero emissions (IEA)
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According to a recent report developed by the International Energy Agency (IEA), the world’s cities can play a central role in accelerating the energy transition....