The Latest Breaking News from International Energy Agency

The International Energy Agency data shows that in 2021 the UK had the highest average domestic electricity price among several countries.

Fossil fuel company ‘aims to thrive through the energy transition by building a low-cost, lower-carbon, profitable, resilient and diversified portfolio’

The International Energy Agency (IEA) has said that financing for clean energy in developing and emerging economies – excluding China – must increase seven-fold within a decade if global warming is to be capped at tolerable levels

The latest report by the International Energy Agency, ‘World Energy Investment 2023,’ shows that investment in clean energy has increased in recent years, with the transition mainly fuelled by Electric Vehicles (EVs) and renewable power.

Global investment in solar power is expected to overtake investment in oil for the first time ever this year, as spending on renewables continues to increase more than spending on fossil fuels, according to the International Energy Agency. And yet, fossil fuel investment is still too high to reach any…

Sales of Teslas and other EVs are increasing rapidly across the globe, last year representing over 10 million units sold globally. A jump is expected this year.

If we followed the International Energy Agency’s global study, we would need only invest about $700m a year – not a large sum relative to the total transport system, says Robert McLachlan

Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer. Brent crude futures nudged 7 cents lower to $86.24 a barrel by 0746 GMT, while US West Texas Intermediate crude was at $82.47 a barrel, down 6…

Carbon emissions from energy production around the world hit a new record high last year, but they rose less than expected because of renewables, according to the International Energy Agency.

European imports of liquefied natural gas (LNG) rose by 63 % in 2022, to compensate for the interruption of supplies through Russian gas pipelines. LNG imported by Europe increased by 66 bcm, according to a recent report by the International Energy Agency (IEA). While the US supplied approximately two-thirds (43…

Companies pledge to cut emissions caused by their production, while opposing measures to reduce emissions from the use of their products.