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IEA: Offshore wind capacity could top 200GW by 2040

Recharge News: The International Energy Agency (IEA) sees offshore wind as a “rising global force on the energy landscape”, executive director Fatih Birol told the opening session of the WindEurope conference yesterday. With around 20GW of offshore wind installed globally today, compared to more than 500GW of onshore wind, the offshore sector has not figured […]

September 26, 2018 Read More →

IEA: A ‘worrying’ drop in renewable energy investment in 2017

Reuters: Global electricity investments exceeded those in oil and gas for the second year running in 2017 due to more spending on grids but renewable energy investment fell after years of growth, the International Energy Agency said on Tuesday. Global energy investment totaled $1.8 trillion last year, down 2 percent from 2016. More than $750 […]

July 17, 2018 Read More →

India Charts New, Cleaner Course For Energy Sector

Power: It is estimated that nearly 240 million Indians currently do not have access to electricity. In many cases that also means a lack of access to adequate health care or educational opportunities. It is no surprise that, as nations have done throughout history, to solve its energy poverty problem, India turned to fossil fuels. […]

January 4, 2018 Read More →

On India’s Transformation, IEA Is ‘Out of Touch’

Business Standard India: India’s thermal coal demand is poised to fall, belying hopes of exporters from Australia and US who eyed the country as a long-term growth market. The country is now the second-largest consumer-cum-importer of thermal coal but imports are sliding. During the April-October period of the current financial year, thermal coal imports declined […]

November 29, 2017 Read More →
IEEFA India: Peak Coal Demand in 10 Years

IEEFA India: Peak Coal Demand in 10 Years

Report: The International Energy Agency (IEA) Is Out of Touch; Latest Developments in Chile and Mexico Portend More

Nov. 21, 2017 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis sees India within a decade of peak thermal coal demand. In a report published today—“India’s Electricity Sector Transformation: Momentum Is Building; Peak Coal in Sight”—the institute projects a significant increase in renewable energy generation across India, a trend that will […]

November 21, 2017 Read More →

Rising Role of Renewables and Gas Setting the Pace for Rapid Change in Global Energy Markets

New York Times: LONDON — From the rise of renewable power to the transformation of the United States into a heavyweight producer of oil and gas, the global energy market, normally slow to evolve, is going through major upheaval. That is the assessment of Fatih Birol, the executive director of the International Energy Agency, the […]

November 14, 2017 Read More →

On the Blogs: ‘Seven Charts Show Why the IEA Thinks Coal Investment Has Already Peaked’

Simon Evans for Carbon Brief: Global investment in coal-fired power plants is set to decline “dramatically” after passing an all-time high during the past several years, says the International Energy Agency (IEA). That’s one of the most striking messages from World Energy Investment 2017, published today. The report, now in its second year, offers a comprehensive picture […]

July 12, 2017 Read More →

Low Prices Drive U.S. Wind Expansion

Utility Dive: Wind’s growth has been so rapid and its price has dropped so fast that a more important long term trend is often missed: It is quickly expanding its addressable marketplace. Deployed wind energy capacity grew almost 19% in 2016, to 5.53% of total U.S. generating capacity, according to the U.S. Energy Information Administration […]

March 16, 2017 Read More →

IEEFA Update: Reading Between the Lines of the International Energy Agency’s Spin on Coal

An Industry-Influenced Report Clouds Key Data; Acknowledgement of Financing Difficulties and Failures in Technology

In its new “Medium Term Coal Outlook Report,” published today, the International Energy Agency says quite a lot—but it doesn’t say it very clearly. The report is written by the thermal power unit of the IEA with input from Wood Mackenzie, which gets lots of business from the coal industry, and from the Coal Industry […]

December 12, 2016 Read More →

International Energy Agency Sees Coal Consumption Stalling, Demand Shifting to Asia

Megan Darby for The Guardian: The volume of coal used across the world fell for the second year running in 2015 and is set to stay below peak levels in 2016, reported the International Energy Agency (IEA). The influential think tank – an autonomous Paris-based organisation – has downgraded its medium-term coal market forecast for […]

December 12, 2016 Read More →