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HOW TO PROPERLY MANAGE ENERGY CONSUMPTION
The fifteenth consecutive international conference IEEE PES PowerTech Belgrade 2023, held in Belgrade in late June, gathered around 600 participants—academic lecturers, well-known researchers in the field of power engineering, managers, and leaders of research activities in corporations, professors and young…
Global coal demand expected to decline in coming years
After reaching an all-time high this year, global coal demand is expected to decline to 2026, according to the latest edition of the International Energy Agency’s (IEA) annual coal market report – the first time that the report has predicted…
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion in the last five years, and now accounts…
Strong policy progress on energy efficiency seen in 2023
Policy makers around the world expanded measures to promote energy efficiency in 2023, helping consumers save money and improving the security and sustainability of the global energy system – though progress is not moving fast enough to meet the world’s…
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major new special report from the IEA that shows…
Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows
A major new report published today finds that governments plan to produce around 110 percent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69 percent more than would be consistent with 2°C. This comes…
Trade of electric & hybrid cars continues to rise in 2022
Between 2017 and 2022, the trade of electric and hybrid cars in the EU registered a staggering increase. In 2022, 42 percent of the total number of cars imported were electric or hybrid, indicating an increase of 35 percentage points…