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The IEA’s annual report, released in Paris, forecasts that global oil demand will reach its highest point at 105.6 million barrels per day by 2029, followed by a slight decline in 2030.
More than one in four cars sold worldwide in 2025 will be electric, according to the latest projections from the International Energy Agency, and will reach 40 per cent of all new cars by 2030.
By 2026, solar power is expected to become China’s primary electricity source, reaching a capacity of 1.38 terawatts, which is 150 gigawatts more than coal. This trend underscores China’s significant ...
A new report from the IEA PVPS Task 13, titled “Dual Land Use for Agriculture and Solar Power Production: Overview and Performance of Agrivoltaic Systems,” lays out a compelling vision for how ...
The IEA report comes as governments in the US, EU and other major economies push to diversify supply chains for clean energy components, reduce dependency on China, and secure alternative sources.
In total, the power sector saw a 5.8 percent drop in emissions compared to the first quarter the year before, despite seeing demand for power rise by 2.5 percent.
China gave the green light to almost 100 gigawatts of new coal-fired plants in 2024, and India a further 15 gigawatts, pushing global approvals to their highest level since 2015, the Paris-based ...