A new IEA report finds nuclear power capacity in advanced economies could fall sharply. making the global energy transition harder and more costly.
Read More »Global Green Energy Investment far Short of Paris Goals
Total energy investment stabilized at about $1.85trn in 2018 after three years of decline.
Read More »Flattering Growth in Renewable Energy Sector
Renewable capacity additions need to grow by over 300 GW on average each year between 2018 and 2030 to reach the goals of the Paris Agreement.
Read More »World Cannot ‘Press Pause’ on Renewables. as Capacity Growth Stalls
The world cannot afford to ‘press pause’ on the expansion of renewables.
Read More »Iraq has Enough Oil Capacity to Meet Customer Needs
IEA expects Iraq to add 1.2 million bpd in 10 years to reach 6 million bpd of production in 2030.
Read More »Global Energy Demand Hits Fastest Pace This Decade
Energy consumption worldwide grew by 2.3 percent in 2018.
Read More »OPEC to be Squeezed by US Shale until Mid-2020s
The amount of crude OPEC is capable of pumping is also set to deteriorate.
Read More »Rising Demand. Climate Change are Main Policy Challenges
The IEA has long emphasized the role of China. India. and other countries in Asia in driving global natural gas demand.
Read More »Chinese Economy Slowdown to Depress Global Oil Demand
Downside risks include a slowdown in global economy which would dent global crude demand.
Read More »Too Early to Assess Impact of U.S. Sanctions on Venezuela
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
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