What’s on the world’s energy horizon?

What will the world’s energy picture look like in 2040? Expect nearly 200 nuclear plants to retire, 50% more gas demand and coal to be outstripped by renewables. So finds the latest World Energy Outlook report from the International Energy Agency which suggests green energy goes from “strength to strength” while oil growth plateaus. The […]

Energy sector accounts for 15% of global water use

The energy industry currently accounts for around 15% of the world’s total water use, the International Energy Agency (IEA) said. It revealed global water withdrawals for energy production in 2010 were estimated at 583 billion cubic metres (bcm), out of which water usage – that was withdrawn but not returned to its source – was […]

IEA: Southeast Asia needs $1.7trillion in energy investment

Southeast Asia will require around $1.7 trillion (£1.05tn) worth of investment in energy infrastructure over the next two decades to cope with an increase in demand. In a new report looking into Southeast Asia’s energy future, the International Energy Agency (IEA) called for the region to take “serious action” to improve energy efficiency in a […]

Coal demand forecast to slow in next five years

Demand for coal is expected to slow down globally as China, the world’s largest consumer, aims to use more clean energy sources. The International Energy Agency today said annual demand for coal will grow at 2.3% a year to 6.35 billion metric tonnes in the five years to 2018. That’s down from the 2.6% previously […]

IEA: Energy efficiency is ‘world’s first fuel’

The International Energy Agency (IEA) has referred to energy efficiency as the “world’s first fuel”, championing it as a major new fuel with potential to cut carbon emissions and pollution while providing cost-effective energy security. Its new report has revealed the energy savings from efficiency measures taken over the longer term exceeded the output from […]

Energy efficient transport schemes could save $70tr by 2050

Investing in efficient urban transport schemes could help save $70 trillion (£46.9tr) on vehicles, fuel and infrastructure spending between now and 2050. The International Energy Agency (IEA) has called on Governments across the globe to adopt what it calls an “avoid, shift and improve” approach – policies that cut unnecessary travel in cars, those that […]

Renewables to become second largest power source by 2018

Power generated through renewable energy sources worldwide could overtake gas in the next five years – making it the second largest power source after coal. That’s the prediction from the International Energy Agency (IEA), whose new report suggests renewables are now the fastest growing power generation sector and could make up almost a quarter of […]

Natural gas growth to slow in next five years

Natural gas growth for power generation will slow in the next five years due to a decrease in EU demand and difficulties in production growth in the Middle East and Africa. In its Medium-Term Gas Market Report, the International Energy Agency (IEA) said global usage of the fuel is expected to grow at 2.4% a […]

IEA commends renewables’ role in Finnish policy

The International Energy Agency (IEA) has praised the Finnish Government’s energy policies and its commitment to a sustainable energy future. It said Finland’s energy policy framework is “broad and coherent” covering all sectors, which includes an ambitious renewable energy programme as it aims to generate 38% of its energy from renewables by 2020. Maria van […]

US oil boom to help meet global demand

The US will help meet most of the world’s new oil demand over the next five years, according to a new report – showing the impact of the shale revolution in the country. The International Energy Agency (IEA) made the forecast in its annual ‘Medium-Term Oil Market Report’, which suggested North American oil production will […]