Despite production restrictions, the global oil market will face a daily surplus of one million barrels next year. This will happen even if the OPEC+ oil cartel decides to maintain current production restrictions, the International Energy Agency (IEA) reports. China is one of the key reasons for the expected surpl... #GlobalOilPrice #IEA #oilmarket #OilProduction #OPEC
This year, the world will invest $2T in clean energy, 100% more than fossil fuel spending. This year, global investment in clean energy technology and infrastructure will reach $2T, twice as much as in fossil fuels, according to a report by the International Energy Agency (IEA). Also, the t... #ElectricCars #EnergyInvestments #FatihBirol #FossilFuels #IEA #RenewableEnergy
The US reminds Ukraine that they do not approve of their strikes in Russian Federation territory, but Canada and France disagree. The representative of the US State Department, Matthew Miller, reemphasized that the US does not encourage or facilitate Ukrainian strikes on Russian territory. At the same time, he admitted that Kyiv... #AttackOnRussia #GabrielAttal #IEA #JustinTrudeau #OilRefineryRussia #WarinUkraine
Global green energy capacity has increased by 50%, which will allow climate goals to be achieved by the end of the decade. A report from the International Energy Agency notes that the world’s renewable energy production increased by 50% last year to 510 GW. The RES capacity increase set a 22-year record. Such growth... #COP28 #GreenENergy #IEA #RenewableEnergy #SolarEnergy
IMF: Resources for clean energy will become more expensive. In addition to the influence of geopolitical factors, such as the pandemic or the Russian war in Ukraine, which have already pushed prices up on global markets, additional price increases are expected... #ClimateChange #GreenENergy #IEA #imf #RenewableEnergy
As EU gas prices rise again, the IEA predicts a demand decline for blue fuel until 2026. The spot price of gas in Europe on Tuesday exceeded the mark of $500 per thousand cubic meters for the first time since the beginning of April. The day-ahead contract on the TTF platform in the Nether... #EUgasPrices #FossilFuels #IEA #RenewableEnergy
With the expansion of RES, achieving zero emissions by 2050 is possible. According to an IEA report, the current global situation calls for increasing renewable energy capacity to 11,000 gigawatts by 2030 and increasing global investment in clean energy from about $1.8T in... #GreenENergy #IEA #LowEmissionEnergy #RESinvestments
Ukraine’s Ministry of Energy has presented the Energy Security Concept. As reported by the ministry, it is necessary to ban politically motivated exploitation of energy resources at the global level. To accomplish this, it is essential to develop documents within the fram... #EnergySecurity #energyukraine #IEA
The IEA expects a 30% increase in new renewable energy capacities this year. A report from the International Energy Agency (IEA) notes that these expectations are based on concerns about energy security following Russia’s full-scale invasion of Ukraine. Solar will accoun... #EnergyInvestments #IEA #RenewableEnergy #SolarEnergy
High oil demand will fade into history as a result of the Russian invasion of Ukraine and high prices, predicted the International Energy Agency (IEA). Energy experts predict that growth in global oil demand will come to a virtual halt over the next few years as high prices and Russia’s incursion... #IEA #OilDemand #OilProduction #RenewableEnergy
The IEA has announced the beginning of a new industrial era. The International Energy Agency believes that the world is entering a new industrial era, which will be based on the production of environmentally friendly technologies. The IEA report covers wind tur... #EcologicalTechnologies #FatihBirol #IEA #RenewableEnergy
The IEA predicts the first global energy crisis in 2023. The world is currently experiencing the first truly global energy crisis, according to the director of the International Energy Agency (IEA), Fatih Birol. Speaking at the opening of the Singapore Inte... #FatihBirol #GlobalEnergyCrisis #IEA
The IEA predicts record sales of electric cars this year. The International Energy Agency (IEA) suggests that sales of electric vehicles in 2022 may reach a record high. The IEA’s Tracking Clean Energy Progress report says that global sales of electri... #ElectricCars #ElectricCarsSales #IEA
Ukraine has become an associate member of the International Energy Agency. The corresponding joint declaration was signed in Warsaw by Energy Minister Herman Galushchenko and Executive Director of the IEA Fatih Birol, Ukrinform reports. “We have to win the energy war w... #HermanGalushchenko #IEA #UkraineEnergy
Poland wants Ukraine to join the International Energy Agency. Warsaw intends to invite Ukraine to join the International Energy Agency (IEA) at the organization’s next meeting in Paris, said Polish Minister of Climate and Environment Anna Moskva. “P... #AnnaMoskva #IEA #InternationalEnergyAgency.
The IEA has drawn up a plan for Europe to reduce its gas dependence on Russia. The International Energy Agency (IEA) has published a 10-point plan for Europe to reduce reliance on Russian natural gas. It will reduce Russian gas imports by more than a third this year as well as a... #EnergyIndependence #IEA #International InternationalEnergyAgency
