The IEA’s decision in 2020 to exclude the so-called Current Policies Scenario from its reports prompted accusations that the agency was letting its commitment to net zero climate goals distort ...
In its annual report on global electricity released Friday, the IEA said it expects electricity demand through 2027 to grow by 4 percent a year, or equal to the energy used by some major developed ...
The forecast for global oil demand growth in 2025 has been raised to 1.1 million b/d, higher than the 1.05 million b/d forecast in January, due to a minor pickup in GDP growth and lower oil prices.
The International Energy Agency’s (IEA) newly released “Electricity 2025” report predicts that global power consumption will jump nearly 4% annually through 2027. That’s like adding an ...
The IEA said it expects to release a report on data centers later this year. India is also expected to account for 10% of the global increase in demand, with robust economic activity and rapidly ...
“It may be high time to replace this with LNG from Qatari and other sources from 2027,” the head of the IEA said, as quoted by Reuters. The EU has significantly boosted imports of Russian LNG ...
The sure, unsurprisingly, will be led by China, whose electricity demand has been growing faster than its economy since 2020, the IEA said. In China, electricity demand last year grew at a rate of ...
By 2030, India's gas demand will rise to 103 billion cubic meters (bcm) per year by 2030 in the IEA's most-likely scenario. If the government provides additional policy support for the sector ...
“Workarounds to sustain Russian export volumes may well appear in the coming weeks,” after the wind-down period for the sanctions expires on Feb. 27, the IEA said. Russia’s crude exports ...
But in 2024, that changed — and in the next three years, the IEA expects many advanced economies, including the U.S., to see power demand grow, driven in part by data centers and electric vehicles.