Increasing concerns over energy security and climate change will mobilize record levels of new capacity to generate renewable energy in 2022, according to the International Energy Agency’s forecasts.

The IEA estimates that 320 gigawatts will be in effect this year, up from the previous record of 295 gigawatts in 2021. This figure is equivalent to the total annual demand of Germany, Europe’s largest economy. With the growth of solar power in China and Europe, additions last year exceeded expectations the Paris-based agency outlined in a new report on renewable sources.

IEA Expects Record Renewable Growth Despite Cost, Supply Problems | 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>>>

In their 2019 Global EV Outlook report, the International Energy Agency predicts  that under the EV30@30 Scenario, electric vehicle (EV) sales will reach 44 million vehicles per year by 2030.

Even with conservative predictions of 12 million by 2025, Deloitte predicts that the industry tipping point for EVs will be 2022 when the cost of battery EV ownership will be comparable with the combustion engine.

To meet the 2015 Paris Agreement targets, emissions have to be reduced, and part of that reduction means looking at how to recycle and re-use EV batteries.

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Today, the consensus among leading forecasters is that we can expect continued rapid growth in renewables. Wind and solar power provided 6 per cent of the world’s electricity in 2017, according to the International Energy Agency. By 2040, they are projected to provide 21 per cent in the IEA’s New Policies Scenario, which reflects governments’ announced policies and targets. In the Sustainable Development Scenario, showing a system on track to provide universal energy access while limiting the threat from climate change, they provide 38 per cent.

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Global energy-related carbon emissions rose to a record high last year as energy demand and coal use increased, mainly in Asia, the International Energy Agency (IEA) said on Tuesday.

Energy-related CO2 emissions rose by 1.7 percent to 33.1 billion tonnes from the previous year, the highest rate of growth since 2013, with the power sector accounting for almost two-thirds of this growth, according to IEA estimates.

The United States’ CO2 emissions grew by 3.1 percent in 2018, reversing a decline a year earlier, while China’s emissions rose by 2.5 percent and India’s by 4.5 percent.

Global Carbon Emissions Hit Record High in 2018: IEA | Devamı>>>

The latest short-term outlook for US oil production published by the Energy Information Administration shows output rising to 13.2m barrels a day by the end of 2020. If this is achieved (and the EIA is traditionally cautious), the US will be the largest producer in the world.Two-thirds of that production will come from “tight oil” — that produced by fracking shale rocks. Ten years after the shale business began, the revolution is as dynamic as ever.

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Sabanci University Istanbul International Center for Energy and Climate (IICEC) the IEA’s World Energy Outlook 2018 report, which hosted (World Energy Outlook 2018) Turkey has recently made a presentation meeting.

Energy and Natural Resources Minister Fatih Dönmez, in Turkey, emphasizing that all transport power even though the need to reach at least double the present oil production “This is why the National Energy and Mines Policy within the scope of exploration of oil and gas in our sea will continue our rapid way with two drilling ships.

The Invitation of The Minister of Natural Gas and Oil Search to The Private Sector Came From Dönmez! | Devamı>>>