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THE TREND OF GROWING ELECTRIC CAR SALES

The decarbonization of road transport, which accounts for more than 15 per cent of global energy-related emissions, is a challenge that almost the entire planet is grappling with. Alternative fuel vehicles, which...

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...

Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern

The number of jobs in the global energy sector rose in 2022 as growing investment in clean energy technologies drove demand for new workers in every region of the world, according to...

Latin America to play an essential role in the global transition to a more secure and sustainable energy system

At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and...

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...

IEA, ECB and EIB highlight importance of an accelerated clean energy transition for Europe’s industrial competitiveness and financial stability

The heads of the European Investment Bank (EIB), the European Central Bank (ECB) and the International Energy Agency (IEA) are today calling on leaders from government, finance and industry across Europe to...

Renewables Competitiveness Accelerates, Despite Cost Inflation

The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil...

Three conditions that will help scale blended finance for nature-positive outcomes

“There is no pathway to limiting global warming to 1.5C without action on protecting and restoring nature,” wrote four architects of the Paris Agreement ahead of the COP15 UN biodiversity conference last December. “Achieving...

Renewables Competitiveness Accelerates, Despite Cost Inflation

The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil...

Watts to Wheels: Why EV-Battery Innovation is Key to Sparking a Renewable Revolution

Increasing the uptake of electric vehicles (EVs) is a fundamental part of accelerating the renewables-based energy transition and getting us onto the 1.5°C pathway. The uptake of EVs holds the potential to...

IEA: Growth in global oil demand is set to slow significantly by 2028

Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global...

It’s time for governments and industry to act on energy efficiency

Amid a global energy crisis, policy makers, industry executives and consumers are all talking about how to bring down the cost of energy and reinforce security of supply. Often that conversation focuses...

Renewable power on course to shatter more records as countries around the world speed up deployment

Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher fossil fuel prices and energy security concerns drive strong deployment of solar...

Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths

Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to...

Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds

Announcements of new manufacturing projects for several essential technologies for the clean energy transition – including solar PV, batteries and electrolysers – have accelerated in recent months, highlighting the growing global momentum...

Five Cross-cutting Barriers to Bioenergy Deployment and How to Address Them

Bioenergy – solid biofuels, biogas, biomethane and liquid biofuels – already makes a significant contribution to the world’s energy supply, but half of the deployment currently takes the form of traditional uses...

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