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Discover Latest #International Energy Agency News, Articles and Videos with Contenting
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.
Baystreet.ca - IEA: The World Is Not on Track to Triple Renewable Capacity by 2030
Despite the surge in renewable energy additions, the world is not yet on track to reach the goal of tripling renewables capacity by 2030, according to the Renewables 2024 report published by the International Energy Agency (IEA) on Wednesday. Global ...
Baystreet.ca - Will Oil Prices Collapse to $25 Per Barrel?
The International Energy Agency (IEA) is so bearish on energy and optimistic on clean technology growth. This creates an oversupply of oil and gas, which could result in oil prices crashing to $25 per barrel by 2050. The IEA, an advocator of green ...
Baystreet.ca - The Oil Market Surplus May Be Smaller Than Feared
Oil market forecasters such as the International Energy Agency (IEA) may have been too pessimistic about supply-demand balances in their latest assessments, which show a large surplus for 2025. Actual global oil inventory trends in the third quarter ...
Baystreet.ca - Oil’s Oversupply Spiral: Can Prices Stay Above $60?
The International Energy Agency just threw a bucket of ice water on oil bulls, reporting that crude supply is outpacing demand by 600,000 bpd and slashing its demand outlook for the year. And the IEA isn’t alone. The world’s biggest oil traders are also ...
Baystreet.ca - Global Energy Demand Rises as Power Consumption Jumps
Surging power demand in both developed and emerging economies accelerated global energy demand growth in 2024 to nearly twice the pace of recent years, the International Energy Agency (IEA) said on Monday. Record-high temperatures, higher demand ...