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1. The IEA Highlights the Benefits of Renewable Energy in its New Report The International Energy Agency (IEA) released a new report highlighting the benefits of renewable energy, including reduced air pollution, improved energy security and greater economic development. The report, titled “The Power of Transformation: Wind, Sun and the Economics of Flexible Power Systems,” found that flexible power systems can help integrate renewables into the grid and boost the share of renewables in the power mix. The IEA also highlighted the need for governments to provide reliable and consistent policy frameworks to support the deployment of renewable energy technologies. The report also noted that the cost of renewable energy is decreasing, making it increasingly competitive with traditional forms of energy.
Back in 2021, the International Energy Agency published what it called a landmark report titled “Net Zero by 2050: A Roadmap for the Global Energy Sector”. The report made quite a splash, not least because of the assumptions it involved about oil, gas, ...
WEF 2002: The world could face lithium shortages by 2025, the International Energy Agency (IEA) says, while Credit Suisse thinks demand could treble between 2020 and 2025, meaning “supply would be stretched”. Reuters 2023: Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough […]
There was a time when the electricity for running server farms was an afterthought, but in many place, that time is already past. The International Energy Agency has a discussion of the issue in its recent report, Electricity2024: Analysis and forecast to 2026 (January 2024, pp. 31-36). The light blue and dark blue bars show
Renewable energy is quickly becoming integral to the future of economic development, not only because of concerns about mitigating the effects on climate change, but also as a sustainable and efficient means to meet the ever-increasing energy needs of a developing world. In fact, the International Energy Agency (IEA) found that countries all over the […]
Ever since the International Energy Agency switched from a pure-play information provider to an advocate of the energy transition, its forecasts about oil demand have shifted to increasingly reflect this advocacy. This has led to a growing divergence ...