The current challenges regarding energy security, energy prices and the cost of living have intersected with the climate crisis to remind us that energy efficiency is more indispensable than ever.

The cleanest, cheapest, most reliable source of energy is what countries can avoid using, while still providing full energy services for citizens. That is why the IEA refers to energy efficiency as the “first fuel”. Without early action on efficiency the energy transition to net zero emissions will be more expensive and much more difficult to achieve.

The Value of Urgent Action on Energy Efficiency | Devamı>>>

Global electric vehicle sales hit an all-time high of 6.75 million in 2021, up 108% year-on-year, according to EV volumes.com data. Despite the epidemic, electric vehicle sales were 3.24 million units in 2020.

While the market share of electric vehicles was 0.2% in 2012, the record sales reached 8.3% last year. Thus, the market share of electric vehicles increased 41 times in 10 years.

According to the data of the International Energy Agency (IEA), 130,000 electric vehicles were sold throughout the year in 2012, while this figure was reached in one week in 2021, and Tesla ranked first in electric vehicle sales with 936,000 units last year.

Electric Vehicle Sales Set Sales Record in 2021 | Devamı>>>

The International Energy Agency on Tuesday cut its 2021 global oil demand forecast, citing soaring Covid-19 cases and renewed lockdown measures that will further limit mobility.

The IEA said it now expects world oil demand to recover by 5.5 million barrels per day to 96.6 million this year. That reflects a downward revision of 0.3 million barrels from last month’s assessment and follows an unprecedented collapse of 8.8 million barrels per day last year as the coronavirus pandemic battered global oil markets.

IEA on Tuesday Cut It’s 2021 Global Oil Demand Forecast | Devamı>>>

The latest International Energy Agency (IEA) report on the global natural gas market makes sombre reading, especially for current and would-be producers of the super-chilled version of the fuel.

No doubt much of the commentary on the report, issued on Wednesday, will be around the headline forecast that global natural gas demand will drop by 4%, or 150 billion cubic metres (bcm) in 2020 as consumption takes a hit from the economic impact of the novel coronavirus.

LNG Recovery in Asia Depends on China, India Policies | Devamı>>>

Whole cities, towns, regions and countries are in lockdown owing to the coronavirus or Covid-19 global pandemic with shutdowns stretching from the Philippines to Canada and much else in between.

Earlier this week, India – the world’s second-most populous country – initiated its lockdown to control the virus outbreak. That’s a $2.7 trillion GDP economy of over 1.3 billion people grinding to a virtual halt. With each passing day, the question on every energy forecasters‘ mind is what such lockdowns will do to crude demand.

Global Oil Demand Could Fall 20% In Coronavirus Lockdown | Devamı>>>

The huge disruption caused by the coronavirus crisis has highlighted how much modern societies rely on electricity.

Millions of people are now confined to their homes, resorting to teleworking to do their jobs, e-commerce sites to do their shopping, and streaming video platforms to find entertainment. A reliable electricity supply underpins all of these services, as well as powering the devices most of us take for granted such as fridges, washing machines and light bulbs.

Virus Crisis Reminds Us That Electricity is More Indispensable Than Ever | Devamı>>>

Oil demand is set to fall this quarter for the first time since the financial crisis in 2009 due to the coronavirus outbreak in China, the International Energy Agency (IEA) said on Thursday.

“The consequences of Covid-19 for global oil demand will be significant,” the Paris-based IEA said in a monthly report, using the new scientific name for the virus.

Demand in the first quarter of 2020 is expected to fall by 435,000 barrels per day (bpd) compared with a year earlier, it said, noted it would be “the first quarterly decrease in more than a decade”.

Oil Demand Set for First Fall in a Decade as Virus Takes Toll: IEA | Devamı>>>

Global carbon dioxide emissions stopped growing in 2019, the International Energy Agency (IEA) has claimed in a new report.

According to the report released today, global CO2 emissions held at around 33 gigatonnes (Gt) last year, following two years of increases. The authors attribute the apparent good news to the expansion of renewable wind and solar energy sources, nations switching from coal to natural gas energy generation, and additional nuclear power output.

Global CO2 Emissions ‘Flatlined’ In 2019, New Report Claims | Devamı>>>

Both the world’s largest offshore wind farm and the world’s largest complex of wind farms will soon appear off the British coasts, showing an unprecedented value of renewable energies. Hornsea One by the Danish energy company Ørsted (formerly DONG Energy) and Dogger Bank’s three projects developed by the Scottish SSE will make Britain the biggest offshore wind market in the world.

The largest single offshore wind farm under construction is Hornsea One (1,218MW), while Dogger Bank is made of three projects (Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B and Teesside A—each with a capacity of 1,200MW).

The British Wind Market Keeps Breaking Its Own Record | Devamı>>>