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India's Electricity Demand May Surge By 8% This Year: Report
With demand for electricity in India expected to surge by a massive 8% this year, the world's demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and uptake of technologies that run on electricity.
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Major Oil Supply Surplus Likely By 2030, Says International Energy Agency
The world is likely to have a "major surplus" of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency said in an annual report published Wednesday.
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"International Energy Agency To Benefit When India Plays Bigger Role In It": PM Modi
Prime Minister Narendra Modi on Wednesday said India is the world's fastest-growing major economy and the International Energy Agency (IEA) will benefit from the talent, technology and innovation brought to the table by the country.
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COP28 Pledges Not Enough To Limit Warming To 1.5 Degrees: Energy Body
A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane emissions - won't be enough on their own to limit global warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Sunday
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India's Electricity Demand Just For ACs To Exceed Africa's Total Consumption
India's demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said today.
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Skyrocketing AC Demand- The Road To Achieving Sustainable Indoor Cooling
Air conditioning is responsible for the emission of approximately one billion metric tons of carbon dioxide per year, according to the International Energy Agency (IEA), out of a total of 37 billion emitted worldwide.
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India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
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India To Soon Overtake China As Oil Demand Driver, Says Energy Body Chief
India will soon overtake China as the largest driver of global oil demand even as it has an opportunity to become a world leader in green hydrogen production, International Energy Agency (IEA) chief Fatih Birol said Wednesday.
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Smaller EV Prices to Drop in Coming Months as EV Sales Climb, IEA Says
Nearly one in five cars sold globally this year will be electric, with the prices of smaller EV models dropping to rival those of combustion engine cars in North America and Europe by the mid-2020s, the International Energy Agency (IEA) predicted on Wednesday. The agency raised its EV sales forecasts in part because of the US Inflation Reduction A...
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Ukraine War Drove Countries Towards Power Efficiency: Energy Body
Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" to tackle high prices, security and climate change, the IEA said on Friday.
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India To See Biggest Jump In Energy Demand Globally: Energy Body
India is likely to see the world's biggest rise in energy demand this decade, with demand climbing 3 per cent annually due to urbanisation and industrialisation, the International Energy Agency (IEA) said in its World Energy Outlook released on Thursday.
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IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
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OPEC Sees Slide In Global Oil Demand In 2023: Report
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation
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IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
-
IEA Warns Against Energy Crisis Deepening Fossil Fuel Reliance
The Paris-based IEA, a top energy watchdog, warned investors last year not to fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century.
-
India's Electricity Demand May Surge By 8% This Year: Report
With demand for electricity in India expected to surge by a massive 8% this year, the world's demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and uptake of technologies that run on electricity.
-
Major Oil Supply Surplus Likely By 2030, Says International Energy Agency
The world is likely to have a "major surplus" of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency said in an annual report published Wednesday.
-
"International Energy Agency To Benefit When India Plays Bigger Role In It": PM Modi
Prime Minister Narendra Modi on Wednesday said India is the world's fastest-growing major economy and the International Energy Agency (IEA) will benefit from the talent, technology and innovation brought to the table by the country.
-
COP28 Pledges Not Enough To Limit Warming To 1.5 Degrees: Energy Body
A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane emissions - won't be enough on their own to limit global warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Sunday
-
India's Electricity Demand Just For ACs To Exceed Africa's Total Consumption
India's demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said today.
-
Skyrocketing AC Demand- The Road To Achieving Sustainable Indoor Cooling
Air conditioning is responsible for the emission of approximately one billion metric tons of carbon dioxide per year, according to the International Energy Agency (IEA), out of a total of 37 billion emitted worldwide.
-
India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
-
India To Soon Overtake China As Oil Demand Driver, Says Energy Body Chief
India will soon overtake China as the largest driver of global oil demand even as it has an opportunity to become a world leader in green hydrogen production, International Energy Agency (IEA) chief Fatih Birol said Wednesday.
-
Smaller EV Prices to Drop in Coming Months as EV Sales Climb, IEA Says
Nearly one in five cars sold globally this year will be electric, with the prices of smaller EV models dropping to rival those of combustion engine cars in North America and Europe by the mid-2020s, the International Energy Agency (IEA) predicted on Wednesday. The agency raised its EV sales forecasts in part because of the US Inflation Reduction A...
-
Ukraine War Drove Countries Towards Power Efficiency: Energy Body
Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" to tackle high prices, security and climate change, the IEA said on Friday.
-
India To See Biggest Jump In Energy Demand Globally: Energy Body
India is likely to see the world's biggest rise in energy demand this decade, with demand climbing 3 per cent annually due to urbanisation and industrialisation, the International Energy Agency (IEA) said in its World Energy Outlook released on Thursday.
-
IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
-
OPEC Sees Slide In Global Oil Demand In 2023: Report
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation
-
IEA Sees World Weathering Lost Russian Oil Supply
The assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.
-
IEA Warns Against Energy Crisis Deepening Fossil Fuel Reliance
The Paris-based IEA, a top energy watchdog, warned investors last year not to fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century.
