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Saturday, April 27, 2024
TopicInternational Energy Agency

Topic: International Energy Agency

India to soon surpass China as largest driver of global oil demand driver through 2030, says IEA

According to the report released at the India Energy Week (IEA) 2024 in Goa, India is on track to lead an increase in oil demand of nearly 1.2 million barrels per day.

India soon to overtake China as largest oil demand driver, says IEA chief

Fatih Birol said that, since India has abundant renewable energy capacity, the country should not miss the opportunity to become a superpower in the green hydrogen business.

Global renewables capacity additions to rise by 3rd this yr, says International Energy Agency

As stronger government policies and energy security concerns drive more clean energy deployment, renewable capacity additions worldwide are set to jump by 107 gigawatts, said IEA.

Electric car sales to grow by 35%, expected to take nearly 1/5th of global market, IEA says

The shift from engine to electric cars will reduce global demand for oil by at least five million barrels a day, says International Energy Agency's projections.

Steel sector produces more CO2 than any other heavy industry. But going ‘green’ can help

Green steel is gaining momentum as steel companies try and reduce their carbon footprint, but the transition is too costly.

Rich-poor divide on clean power is getting wider and hurting the climate fight

Investment in clean energy has accelerated since Covid struck, hitting $1.4 trillion based on IEA's annual report. Yet, in developing countries, the picture looks very different.

Nuclear power’s big problem isn’t what you think

Since nuclear energy is a risky business for commercial operators , it's crucial to get government assistance through regulated cost recovery & price guarantees.

Here’s the solution for 1.3 billion people still lacking electricity

Geospatial analysis shows that 'mini-grids' would be the cheapest technology to provide universal electricity access by 2030.

Coal is being squeezed out of power by cheap renewables

With evolving markets, electricity from renewables will become cheaper than coal by 2040. Coal will be increasingly squeezed out of the power generation market over...

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.