Shaping a secure & sustainable energy future. We provide data, analysis & ambitious real-world solutions on all fuels & technologies.
Exec Director: @fbirol
The world’s electricity demand growth is slowing sharply in 2022 from its strong recovery last year as economic growth weakens & energy prices soar following Russia’s invasion of Ukraine.
Learn more in our latest Electricity Market Report ⬇️ iea.li/3vTOQ5z
On our #NetZero pathway, global nuclear power capacity doubles by 2050 in a system dominated by renewables.
To achieve this, the cost for nuclear projects in advanced economies must drop by 40% & world nuclear investment needs to triple by 2030 👉 iea.li/3p5FCPW
As a major fuel exporter, Russia’s invasion of Ukraine has thrown global energy markets into turmoil.
Our new data tool examines various countries’ reliance on Russian oil, natural gas & coal, and how those imports are being used in their energy systems: iea.li/3SFL2P9
Growing efforts to tackle the climate crisis have stimulated a burst of activity in small modular reactors.
Their lower costs, smaller size & reduced project risks may boost social acceptance & attract more private investment versus large nuclear plants: iea.li/3vQkmkV
If the world achieves the goal of reaching #NetZero emissions by 2050, children born today will emit 🔟 times less carbon dioxide during their lifetimes than their grandparents.
Learn more in our recent commentary → iea.li/3QHxDUS#YouthDay
Electricity demand growth is slowing significantly this year, weighed down by economic weakness & high prices 📉
Demand is expected to grow by only 2.4% in 2022 after last year’s 6% increase.
Read more in our latest market report → iea.li/3SS4Dfp
🗣 “Younger people have the most at stake, & they also have the most to gain from successful energy transitions.”
This recent commentary examines how CO2 footprints could differ between generations as the world pursues climate & energy goals 👉 iea.li/3Qopcym#YouthDay
🗣 “Today’s youth are more exposed to climate damage than their parents, motivating many of them to tackle the challenge of reducing CO2 footprints”
Today on #YouthDay, read more on the role younger generations can play in successful energy transitions → iea.li/3Aj4JW6
🗣 IEA's @fbirol: “Cutting red tape, accelerating permitting & providing the right incentives for faster deployment of renewables are some of the most important actions governments can take to address today’s energy security & market challenges”
More → iea.li/3cn0NtF
And here's another great job opening at @IEA, this time to join the team that's doing cutting-edge analytical work on critical minerals - an essential element of reliable clean energy supply chains.
oecd.taleo.net/careersection…
The @IEA is hiring!
We're looking for skilled energy investment & finance experts to produce the World Energy Investment, contribute to the WEO, and work directly with policymakers to boost the investments that are vital to secure energy transitions.
oecd.taleo.net/careersection…
Higher solar PV & wind costs are here to stay in 2022 & 2023, due to elevated commodity & freight prices.
But these high costs don’t challenge renewables’ competitiveness. Prices for natural gas & other fossil fuels alternatives are rising much faster → iea.li/3paGDpO
After rising to an all-time high in 2021, CO2 emissions from the electricity sector are on track to decline slightly this year, though by less than 1%.
This drop is being driven by growing renewables power generation.
More 👉 iea.li/3bLuODG
Secure & resilient energy technology supply chains are central to successful clean energy transitions.
Our new report assesses current & future supply chains for key clean energy technologies - such as solar PV & EVs - needed to reach #NetZero 👇 iea.li/3AkWGIp
The cost of key clean energy technologies, such as solar PV & batteries, has dropped rapidly in past years.
But a surge in prices of the minerals & metals needed to produce them risks reversing progress.
Learn more in our latest commentary 👉 iea.li/3P8ZVXw
By boosting renewables & power sector efficiency, economies in the Middle East & North Africa could free up natural gas for export while accelerating their clean energy transitions.
More from IEA’s @WannerBrent & @alialsaffar in our recent commentary → iea.li/3JN9oT9
Electricity prices are skyrocketing around the 🌎, more than tripling in many markets.
In the first half of 2022, average natural gas prices in Europe were 4 times as high as in the same period in 2021, while coal prices were more than 3 times as high 👉 iea.li/3BRreSX
Soaring oil use for power generation & gas-to-oil switching amid high natural gas & electricity prices are boosting global demand.
At the same time, world oil supplies are rising, hitting a post-pandemic peak last month.
Learn more ⬇️ iea.li/3JO4tBn
As a major fuel exporter, Russia’s invasion of Ukraine has thrown global energy markets into turmoil.
@IEA’s data tool examines various countries’ reliance on Russian oil, natural gas & coal, and how those imports are being used in their energy systems 👉 iea.li/3Ab3B6L
🗣 “The unfolding food supply crisis highlights the interconnected nature of energy & food supply security”
More from IEA's @pg_levi & Gergely Molnar on how the energy crisis is putting pressure on global food supply chains & how governments can help ➡️ iea.li/3BVKa30
Renewables are on course to break new records this year, as governments take advantage of their energy security & climate benefits.
China leads the way in capacity additions, while expansion is accelerating in Europe, India & Latin America ➡️ iea.li/3JG974o