Tag: IEA

Electricity demand worldwide is projected to experience a slower growth rate in 2023 due to the global energy crisis and an economic slowdown affecting advanced economies, according to the International Energy Agency (IEA)’s latest Electricity Market Report.

The International Energy Agency (IEA) reports that the market for critical minerals, essential for clean energy technologies, has doubled in the past five years. With increasing demand for minerals like lithium, cobalt, nickel, and copper, the energy sector is a driving force behind their rapid growth. Investment in critical mineral development has also risen, supporting the affordability and pace of clean energy transitions. However, challenges remain in ensuring secure and sustainable supply chains. The IEA is committed to addressing these challenges through research, analysis, and international cooperation.

Global investment in clean energy is on course to rise to USD 1.7 trillion in 2023, with solar set to eclipse oil production for the first time, according to IEA’s latest World Energy Investment report.

Carbon dioxide emissions rose by under one per cent in 2022, which was less than initially feared with the growth of solar,...

Renewables are set to dominate the growth of the world’s electricity supply over the next three years as together with nuclear power...

The demand for coal across the globe is set to increase only marginally in 2022 but enough to push it to an...

The world can ensure a secure transition to net zero emissions only with the expansion and diversify of global production of solar...

On Earth day, the world always talks of zero emissions and a greener world, which always gains significance. In a world where...

As the people is emerging out from the Covid 19 pandemic, the world will see a surge in electricity consumption this year with fossil...

In recent years, the world saw much progress in electricity but 759 million people still live without power with about half of them living...