The Business Times

International Energy Agency

ESG

Renewable capacity in Asia-Pacific ex-China to almost double over next 5 years: IEA

Global renewable power capacity is now expected to rise by 4,600 GW by 2030, down from a forecast of 5,500 GW in 2024, with solar accounting for about 80% of the increase.
Energy & Commodities

IEA trims renewables outlook as US policy shifts and China auction reforms weigh

IEA has provided research and data to industrialised governments for more than half a century to guide policy on energy security, supply and investment.
Energy & Commodities

IEA comes under pressure from former oil market chief to cut energy transition focus

FILE PHOTO: A general view of Anglo American's Quellaveco copper mine in Peru, obtained by Reuters on April 26, 2024. Anglo American/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY./File Photo
Energy & Commodities

Investors with US$15 trillion signal new approach to miners

Global demand is expected to “level off” at 106 million bpd towards the end of this decade while overall supply capacity could reach 114 million bpd – resulting in a “staggering” surplus of eight million bpd that oil markets should prepare for, says the IEA.
Energy & Commodities

IEA sees 'major' oil supply surplus emerging by 2030

Some analysts say that the IEA's critical metal demand outlook is too optimistic, given that global sales of EVs in 2024 will be well below the agency's prediction of 17 million.
Energy & Commodities

As countries press on with climate targets, critical mineral shortages could scupper efforts: IEA

FILE PHOTO: A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo
Energy & Commodities

IEA sees subdued oil demand growth as economic headwinds remain

“While the pledges are positive steps forward in tackling the energy sector’s greenhouse gas emissions, they would not be nearly enough to move the world onto a path to reaching international climate targets, in particular the goal of limiting global warming to 1.5 deg C,” says the International Energy Agency.
International

COP28 pledges meet only 30% of needed energy emission cuts: IEA

Global oil consumption will follow the same path as demand for other hydrocarbons.
Energy & Commodities

Global oil demand to reach its peak this decade: IEA

FILE PHOTO: Labourers work next to electricity pylons in Mumbai, India, October 13, 2021. REUTERS/Francis Mascarenhas/File Photo
International

Global power demand growth to rebound in 2024 after slowdown: IEA

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