Tag Archives: Fatih Birol

The energy squeeze in Europe has nothing to do with the continent’s energy transition plans, the head of the International Energy Agency Fatih Birol told the European Parliament’s energy and environment committees. “It is inaccurate and unfair to explain these high energy prices as a result of clean energy transition …

Fatih Birol, the head of the International Energy Agency (IEA), has been named one of the most influential 100 persons of 2021 by Time, a political magazine based in New York City, United States. Birol, 63, who has been the executive director of the agency since 2015, is the only …

The world’s largest listed oil companies will have to cut production by at least 50 per cent over the next decade if the world is to limit global warming to 1.5 degrees as per the Paris climate accord, influential climate think tank Carbon Tracker has warned. In a new report, …

The International Energy Agency (IEA) has released a peer-reviewed report today, focussed on the efforts of oil and gas companies to reduce their environmental footprints, concluding that companies’ failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability. The International Energy Agency …

The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable energy supplies, said the International Energy Agency (IEA) in a new report. Global hydropower capacity is expected to increase by …

Oman’s Ministry of Energy and Minerals and the International Energy Agency (IEA) will organise a Ministerial Dialogue on September 9 to explore ways to leverage clean energy transitions to ensure broader economic resilience. The Ministerial Dialogue – which will be co-hosted by Oman’s Minister of Energy and Minerals Mohammed bin …

Strong government policies and financial support will see renewable energy account for nearly 40% of the world’s power mix by the end of this decade, according to research by GlobalData. In a new report, the data and analytics firm highlights how increasing investment in solar and wind plants, and new …

In the IEA’s “net-zero emissions by 2050 scenario”, fossil fuels make up slightly more than one-fifth of total energy supply, down from almost four-fifths today. Supplies would become increasingly concentrated with a small number of low-cost producers. OPEC’s share of a much-reduced global oil supply grows from around 37% in …

Progress on the world’s rising climate action ambitions could be undermined by a shortage of some of the critical minerals used in clean-energy technologies including wind turbines, solar farms and electric vehicles (EVs), unless governments act now to head-off a “looming mismatch” in supply and demand, according to a far-reaching …

Global EV sales grew 41% last year, but must accelerate even faster to meet climate and energy goals, the International Energy Agency said Thursday. Under current trends, 145 million EVs, including cars, trucks, and busses, will be on the world’s roads by 2030, approximately 7% of the total fleet. That …