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The Latest Breaking News from IEA

Demand for copper to dramatically outstrip supply within decade

International Energy Agency says it is ‘time to sound alarm’ over future shortages of metal needed for low-carbon transition

The Guardian - UK

America's EV Outlook Just Got Bleaker. China Isn't Slowing Down.

While much of the world races to build and sell more electric vehicles, America is on track to become an also-ran.

InsideEVs

S&P 500 Nuclear Giant Makes $2 Billion Bet On Natural Gas

S&P 500 component Vistra rose before the open Friday after announcing a $1.9 billion deal to expand natural gas capacity.

Investors Business Daily

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One in four cars sold this year will be electric, report says

China continues to dominate with over half of global EV sales

The Independent UK

Global methane emissions still far above what countries report, IEA warns

The fossil fuel industry released more than 120 million tonnes of methane in 2024, keeping emissions close to record highs, the International Energy Agency said this week. The level has barely changed since 2019, despite global pledges to cut this powerful greenhouse gas.

Radio France Internationale

2025 is ‘a pivotal year for methane mitigation’ in EU thanks to world-first rules. What’s changing?

Most of the methane emissions from fossil fuels used in Europe are tied to imports, the report also finds.

Euronews

Abandoned infrastructure one of the biggest polluters in the world – report

Emissions from abandoned coalmines, oil and gas wells globally are larger than any single country except China, the US and Russia

The Guardian - UK

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Europe's 'wake up call': What lessons can be learned from Spain and Portugal's power outage?

The International Energy Agency (IEA) says the world must add or replace 80 million km of grids by 2040 to meet climate targets and support energy security.

Euronews

EU and UK underline commitment to energy transition at London summit

The president of the European Commission has underlined the need for Europe to reduce its dependence on fossil fuels at an energy security summit hosted jointly by the UK government and International Energy Agency, despite US demands for Europe to ramp up LNG imports.

Euronews

UK Hosts Global Energy Summit With Renewables Under Attack

An international summit on the future of energy security opens in London on Thursday amidst major disagreements over the role of renewables in satisfying the world's thirst for energy.

International Business Times

‘Energy security’ is being used to justify more fossil fuels – but this will only make us less secure

The UK government is about to host a summit with the International Energy Agency (IEA) on the future of energy security. It does so as the world grapples with war, geopolitical realignments and trade barriers, against a backdrop of accelerating climate upheavals. One of the expected outcomes of this summit…

The Conversation

Why fossil fuels are like renting a home - and solar panel imports soon pay for themselves

Ahead of the IEA’s summit on energy security this week, analysts are emphasising the benefits of solar and wind.

Euronews

China to snub UK energy summit amid row over infrastructure projects

Exclusive: Absence of world’s biggest clean energy producer will be welcomed by US pushing oil and gas exports

The Guardian - UK

Energy Demand Concerns Undercut Crude Prices

May WTI crude oil (CLK25 ) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25 ) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Also, Tuesday's action by the International Energy Agency (IEA) to cut its global...

Barchart

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Barchart

Crude Prices Weaken as IEA Cuts its Global Crude Demand Forecast

May WTI crude oil (CLK25 ) today is down -0.23 (-0.37%), and May RBOB gasoline (RBK25 ) is up +0.0033 (+0.16%). Crude oil and gasoline prices today are mixed. Today’s stronger dollar is weighing on crude prices. Also, today’s action by the International Energy Agency (IEA) to cut its global...

The Guardian - UK

Trump tariffs will mean world uses less oil this year, IEA says

Energy watchdog cuts forecast for growth in demand by a third, and says a trade war could mean it falls further

The Conversation

Coal in Alberta: Neither public outrage nor waning global demand seem to matter to Danielle Smith

“We heard you, Albertans.” With those words, Alberta Energy Minister Brian Jean put coal mining in Alberta’s Rocky Mountains back on the table last December. Common sense might suggest Jean meant that Albertans are in favour of resuscitating metallurgical coal mining there, but that’s not the case.

Euronews

Climate champion or catastrophe: Can AI ‘offset’ its own, growing emissions?

Data centre electricity demand is predicted will rise to around 945 terawatt hours by 2030, more than the entire electricity consumption of Japan.

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PC Gamer

Report estimates AI energy demands will quadruple in the next few years, with some large planned centres estimated to use the equivalent power of 5,000,000 households

It's fairly hopeful about AI's impact on the environment, though.

Radio France Internationale

AI boom to double data centre power use by 2030, IEA warns

Electricity consumption by data centres will more than double by 2030, driven by artificial intelligence applications that will create new challenges for energy security and CO2 emission goals, the IEA said Thursday.

International Business Times

AI Surge To Double Data Centre Electricity Demand By 2030: IEA

The Guardian - UK

Energy demands from AI datacentres to quadruple by 2030, says report

The IEA forecast indicates a sharp rise in the requirements of AI, but said threat to the climate was ‘overstated’

Al Jazeera

Clean energy surges globally, but has yet to replace fossil fuels: Report

Clean sources accounted for more than 40 percent of electricity production last year for the first time.

The Conversation

If Australia switched to EVs, we’d be more reliant on China’s car factories – but wean ourselves off foreign oil

Australia has huge reserves of coal and gas – but very little oil. Before the 20th century, this didn’t matter – trains ran on local coal. But as cars and trucks have come to dominate, Australia has become more and more reliant on imported oil.

International Business Times

New Coal Capacity Hit 20-year Low In 2024: Report

The world added the smallest amount of new coal capacity in two decades last year, a report said Thursday, but use of the fossil fuel is still surging in China and India.

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