Tag Archives: Fatih Birol

Governments and policy makers need to pay more attention to hydropower as a major source of low-emission flexible power generation in the age of booming electricity demand, Fatih Birol, the executive director of the International Energy Agency (IEA), said on Friday. Hydropower “remains the forgotten giant of electricity,” Birol wrote …

Copper has become an essential building block in modern construction and energy. In the coming years, the global demand for copper is expected to increase significantly as it is used more widely for renewable energy projects and transmission. The Australian mining major BHP expects the demand for copper to grow …

Green hydrogen will struggle to compete at price level with gray hydrogen made from natural gas at least until 2050—much longer than previously anticipated, according to new estimates by research firm BloombergNEF. BNEF’s new report on hydrogen prices finds that green hydrogen, the one produced via electrolysis using renewable energy, …

The world is still off track to reach a key goal set at the COP28 climate summit last year—tripling renewables capacity by 2030, the International Energy Agency (IEA) said in a report on Tuesday. At the COP28 climate summit in Dubai at the end of 2023, nearly 200 countries made …

Crude oil prices began the week with a decline on signs of slowing fuel demand and yet more indications from the Fed that rate cuts are not coming soon. Brent was trading below $83 per barrel and West Texas Intermediate was a little above $78 a barrel earlier today after …

The world will need nuclear power generation to reach its emission reduction and net-zero targets, according to Fatih Birol, the executive director of the International Energy Agency (IEA). “Without the support of nuclear power, we have no chance to reach our climate targets on time,” Birol said ahead of a …

The International Energy Agency (IEA) will open its first regional office in Singapore, which will work with countries in Southeast Asia and beyond to enhance energy security and accelerate clean energy transitions. The IEA Regional Cooperation Centre will be the agency’s first office outside of its Paris headquarters. It is …

Global oil markets should remain “comfortable” this year as new supplies satisfy demand and keep prices in check, according to the International Energy Agency. World consumption will increase by 1.2 million to 1.3 million barrels a day in 2024, a “significantly weaker” pace than last year as economic growth slows …

Turkey could take advantage from an expected global liquefied natural gas (LNG) production boom projected for 2025 onward, thanks to its extensive infrastructure, according to the head of the International Energy Agency (IEA). Fatih Birol, executive director of the IEA, recommended that Türkiye avail of this anticipated LNG boom that …

French President Emmanuel Macron on Dec. 6 presented International Energy Agency (IEA) Executive Director Fatih Birol with the Legion of Honor for his major contributions to global energy and climate issues. Macron conferred the honor to Birol during a prestigious ceremony at the Elysée Palace in Paris, which was attended …