Methane emissions up in energy sector

Recent analysis by the International Energy Agency shows a rise in methane emissions within the energy sector in 2023

IEA: Methane emissions expected to decline soon

New analysis from the IEA indicates that methane emissions from fossil fuels, after a slight rise in 2023, are expected to decline soon due to significant policy announcements and pledges made at COP28

‘Pre-election Budget fails to decarbonise industry’

The 2024 Spring Budget, announced by Chancellor Jeremy Hunt, draws criticism for missing opportunities to support industry decarbonisation, despite a focus on connections reform

UK leads developed nations in soaring electricity prices

British households are experiencing a notable escalation in electricity prices, outpacing most developed countries. That’s according to a report from the International Energy Agency (IEA), which suggests since 2019, the UK has witnessed a 19% increase in electricity prices within the last year, a trend significantly higher than the global average. In contrast, the US […]

IEA: Clean energy sources to power global electricity demand in three years

The International Energy Agency predicts that clean and low emission power sources, including renewables and nuclear power, are poised to meet the world’s growing demand for electricity over the next three years

Global oil supply set to reach record high in 2024

The IEA’s oil outlook projects a record-high global supply of 103.5 million barrels per day, driven by increased production from the US, Brazil, Guyana and Canada

IEA report spotlights biogas and biomethane

The World Biogas Association (WBA) welcomes the International Energy Agency’s Renewables Report 2023, which, for the first time, dedicates a section to the biogas and biomethane sector

IEA: Global renewable energy capacity grows by 50%

The amount of renewable energy capacity added to energy systems around the world grew by 50% in 2023, reaching almost 510GW, according to new data

ING to end oil and gas financing by 2040

ING has unveiled plans to phase out upstream oil and gas financing by 2040 and triple renewable energy funding by 2025

IEA: Global coal demand to decline by 2026

The International Energy Agency’s annual coal market report predicts a historic decline in global coal demand by 2.3% by 2026