US natural gas will soon be exported to Asian markets in the form of LNG, and while this represents a major step change in global gas trade, US volumes alone will not solve the region’s gas demand challenges. This is one of the points IEA Executive Director Maria Van der Hoeven made today in remarks… Keep reading →
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We will never sell or share your information without your consent. See our privacy policy.Move over Coal; Fast-Growing Solar Power Can Dominate World Energy Production, IEA Says
By Pete DankoIt’s easy to dismiss solar as a bit energy player. Look at the most recent Energy Information Administration data and you’ll see that utility-scale solar provided around 9.3 terawatt-hours of U.S. electricity in 2013, a mere 0.23 percent of total generation. But here’s the thing: Those numbers and other current data on solar are fast-fading… Keep reading →
Energy News Roundup: More ISIS Oil Targets Hit, US Rebalancing Global Petchem Market, Solar Top Global Power Source by 2050?
By Jared AndersonThe US military and its regional allies conducted additional airstrikes against ISIS-controlled oil infrastructure in Syria and Iraq. “The U.S. said on Sunday that its forces along with Saudi Arabia and the United Arab Emirates targeted four modular refineries and a command facility north of Raqqa—Islamic State’s de facto capital in northeastern Syria. The U.S.… Keep reading →
IEA: Renewables Growing But Not Fast Enough
By EEnergy InformerDespite impressive gains, policy uncertainties prevail First, the good news: Global investments in new clean-energy capacity will total $1.61 trillion through 2020 according to the International Energy Agency’s (IEA) latest annual renewable report. The Paris-based agency predicts annual investment in wind, solar and biomass to average $230 billion. This will boost renewables’ contribution to about… Keep reading →
Infographic: Germany Now also “Weltmeister” in Energy Efficiency
By Roman KilisekAfter having just won the World Cup title in soccer in Brazil, Germany raked in another title – this time outside the soccer stadium – as the world’s most energy efficient economy. So both instances illustrate the significance of efficient play. The American Council for an Energy-Efficient Economy (ACEEE) ranked in its 2014 International Energy… Keep reading →
Energy News Roundup: The EU is Burning Too Much Coal and IOCs Bid on Abu Dhabi Oil Field Expansion but Guess Who Didn’t?
By Jared AndersonGermany, the UK and Poland have the dirtiest coal plants in the EU, where the share of coal in power generation is currently around 25%. The IEA says EU coal-fired generation needs to be below 4% by 2035 to combat climate change. Germany exported a record amount of power in 2013 as it generated more… Keep reading →
Maria van der Hoeven, Executive Director of the International Energy Agency (IEA) spoke last week at the two-day Energy Information Administration (EIA) conference in Washington, D.C. expressing her view – as reported by Jennifer A. Dlouhy for fuelfix.com – that “ending ‘wasteful fossil fuel subsidies’, which may encourage overconsumption of oil and gas, particularly in… Keep reading →
Some predict that China will start dismantling coal by 2030. Others aren’t so sure. Last year, renewable energy made up nearly 70 percent of new electric generation capacity additions in China. That figure would be more impressive if coal wasn’t the reigning supreme leader of China’s energy landscape. It currently accounts for about 65 percent… Keep reading →
Energy Revolution Rolls On, Federal Role Declines
By Energy Tomorrow BlogLet’s make a couple of points with the juxtaposition of the newest U.S. report on energy production on federal lands and a pair of new analyses people are talking about this week. First, there’s this piece by the Manhattan Institute’s Jared Meyer on the Real Clear Energy website, asserting that surging U.S. crude oil production is playing… Keep reading →
Energy News Roundup: IEA Pins World Energy Needs at $48 Trillion, In Favor of CCS and Russia Takes IOU
By Jared AndersonGlobal energy investment requirements through 2035 amount to $2.5 trillion annually, with $40 trillion devoted to maintaining current supply levels and developing incremental sources to meet anticipated demand. An additional $8 trillion is needed for energy efficiency measures, according the to the OECD’s energy watchdog. [International New York Times] The EPA’s newly-released plan to cut… Keep reading →