IEA
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Power
How the Clean Energy Transition Is Intensifying the Energy-Water Nexus
Decarbonization is posing a fundamental dilemma that could have widespread serious implications for the power sector: the clean energy transition, if not properly managed, could increase water stress, or be
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Supply Chains
The Growing Strain of Power Sector Supply Chain Disruptions
Power sector supply chains, hard hit by the COVID-19 pandemic, are feeling the double whammy of uncertainty posed by a broad U.S. executive order. As was clear at the Federal Energy Regulatory Commission’s
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Ocean/Marine
Islands: An Ocean of Potential for Marine Energy
While island governments are exploring marine power technologies as serious options for future resources to replace diesel, technology developers are looking at improved value through new revenue streams, such
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Gas
IEA: COVID-19 Crushed Global Natural Gas Demand
Hit hard by response to the COVID-19 pandemic, global gas demand in 2020 is set to to tumble by twice the amount lost after the 2008 global financial crisis—its largest annual decline in history—the International Energy Agency (IEA) says in its latest annual market report Gas 2020. As of June 2020, the fall has been […]
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Power
THE BIG PICTURE: Pandemic Impact on Demand
The coronavirus pandemic has triggered a macroeconomic shock that is unprecedented in peacetime. By the end of the first quarter, its effects on global power demand were deep, the International Energy Agency (IEA) noted in a flagship report released on April 30. The international organization, which has collected daily data for more than 30 countries […]
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News
Renewables Gain Investors as Some Flee Oil, Gas, and Coal
The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of
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News
IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions
Renewable power sources will mark their first annual decline in new additions in 20 years, owing to delays in construction activity, supply chain disruptions, lockdown and social distancing measures, and emerging financing challenges related to the COVID-19 pandemic. Despite this, the sector has showed “impressive” resilience, said the International Energy Agency (IEA) in a new […]
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News
Natural Gas a Powerful Force, Despite Industry Headwinds
Gas prices remain low worldwide, and the challenge for producers is to find a market for their supply. Gas remains the No. 1 source of U.S. power generation, and will continue in that spot for several more
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News
Electrification: Too Much of a Good Thing?
Electrification has been a much-touted driver for the global energy transition toward decarbonization. But though an all-electric future could have vast implications for the power and gas sectors, achieving it
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News
Energy Storage Industry Already Experiencing Coronavirus Delays
The U.S. Energy Storage Association (ESA) surveyed members of its industry and found that almost two-third of respondents say they already are experiencing coronavirus-related delays, due to disruptions in the global supply chain, travel restrictions, and the downturn in equity markets that is cutting investment in projects. The ESA said more than one-third of those […]
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News
THE BIG PICTURE [Infographic]: Solar’s Explosive Growth
According to the International Energy Agency’s (IEA’s) World Energy Outlook 2019, solar photovoltaic (PV) is set to become the largest source of installed electrical capacity in about 2035, if countries pursue policies as planned. By 2040, solar could make up 24% of global installed capacity—up from 7% in 2018—but its share of generation could hover […]
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Coal
Transformative Coal Power Technologies Take Shape
The coal power industry acknowledges that to play a stable role in future power markets, it needs to modernize, and perhaps even overhaul its long-held status as a “conventional generator.” Could new
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News
10 Power Sector Insights from the IEA’s World Energy Outlook 2019
The International Energy Agency’s (IEA’s) November 2019–released World Energy Outlook 2019 (WEO2019) is studded with interesting findings about emerging trends in the power sector. Here are 10 from the
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History
Why the 2010s Were a Definitive Decade for Power
Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]
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Renewables
THE BIG PICTURE: The Need for Power Flexibility
In its November 2019–issued World Energy Outlook, the International Energy Agency (IEA) suggests that if countries pursue currently stated policies, the combined generation share of wind and solar photovoltaic could surge from 7% today to 24% in 2040. This very steep ramp-up of variable renewables will undoubtedly require an emphatic focus on flexibility—the ability of […]
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News
IEA World Energy Outlook: Solar Capacity Surges Past Coal and Gas by 2040
Solar photovoltaic (PV) could surge ahead of coal and gas and become the largest source of installed power capacity in the world in the next two decades if countries pursue stated policies and targets, the International Energy Agency (IEA) said in its newly released World Energy Outlook 2019 (WEO2019). The agency’s annual publication, which it […]
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Nuclear
Nuclear Performance Improves, but More Reactors Needed
“The world’s nuclear plants continue to perform excellently,” Agneta Rising, director general of the World Nuclear Association, wrote in the preface to the recently released World Nuclear Performance Report 2019. Yet, if the nuclear industry is to reach its “Harmony” goal, which is for nuclear generation to supply 25% of the world’s electricity before 2050, […]
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News
2018 Exceptional Year for Nuclear Power Firsts
Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed at an average capacity factor of about 80%, says a new report from […]
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News
THE BIG PICTURE: A Spotlight on Oil-Fired Power
Discussions about fossil-fueled power capacity are typically centered on coal and natural gas. The former is seeing a marked decline amid climate concerns, and the latter is seeing unprecedented growth, owing to relatively low prices. Seemingly forgotten, but still a major source of power, are plants fired with petroleum liquids. In 2017, according to the […]
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Nuclear
The Clean Energy Conundrum
The worldwide movement toward a clean energy future is barreling ahead. Most clean energy advocates seem to focus on wind and solar power as their resources of choice, and it shows, as the installed capacity
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Nuclear
Nuclear Power Needed for Clean Energy Future
“Without action to provide more support for nuclear power, global efforts to transition to a cleaner energy system will become drastically harder and more costly,” Fatih Birol, executive director of the International Energy Agency (IEA), wrote in his foreword to the IEA’s recently released report titled Nuclear Power in a Clean Energy System. The report […]
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News
Q&A With Geothermal Experts
Geothermal energy has been around forever, used as a heating source across the world. Today it has surfaced as another renewable resource, with advancements in drilling technology bringing down costs and opening new areas to development. In conjunction with the feature article on geothermal in the May 2019 issue of POWER, we sought opinions from […]
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News
For First Time, IEA Quantifies Coal’s Dominant Role in Global Temperature Increase
Coal combustion was responsible for more than 0.3 degrees C of the 1-degree C surge in global average annual surface temperatures above pre-industrial levels—and that makes coal the single largest source of the global temperature increase, the International Energy Agency (IEA) says in a new report. The finding, outlined in the IEA’s Global Energy & […]
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News
Plenty of Natural Gas to Go Around—It Just Needs a Market
Demand growth for natural gas for power generation may have slowed in the U.S., as renewable resources continue to take market share. With U.S. production continuing to hit record highs, and new gas-fired
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News
DOE Chief: Nuclear Power, Clean Coal Technology Key to Reducing Emissions
U.S. Energy Secretary Rick Perry on February 28 said nuclear power and the use of clean coal technology are the way to combat climate change and reduce emissions from the energy sector. Perry, speaking at a joint press conference in Washington, D.C., with Fatih Birol, director of the International Energy Agency (IEA), said, “We believe […]
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History
Hydro: An Old Generating Dog Can Offer New Tricks
Hydroelectric power doesn’t get much attention in today’s discussions of how to generate electricity, particularly in a world looking to boost renewable technologies such as wind and solar. But the oldest
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News
THE BIG PICTURE: Power Around the World
The International Energy Agency forecasts that based on current and proposed policies, global power generation will grow about 15,000 TWh (about 60%) from 2017 to 2040. About 70% of additions will be supplied by natural gas, wind, and solar photovoltaics in nearly equal shares. But despite a drop from its current share from 38% to […]
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History
10 Takeaways from the IEA’s Newest World Energy Outlook
The International Energy Agency (IEA) deemed growth and disruptions of the world’s power sector so significant to the future of energy, it dedicated—for the first time—a four-chapter “special focus”
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Press Releases
Power Generation Pumps Market has 80% Concentration of Centrifugal Pumps
The power generation pumps market is likely to witness steady growth, with global demand expected to exceed 4,000,000 units by the end of 2018. The growth of the market is influenced by rising energy demand, especially in the developing regions. Integration of new technologies including sensors to monitor different parameters in the power generation pumps […]
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News
Could High-Efficiency, Low-Emissions (HELE) Technology Revive U.S. Coal Power?
A newly introduced Senate bill aims to make federal loan guarantees available for new high-efficiency, low-emissions (HELE) coal power plants in the U.S. Although it spearheads considerable research and development initiatives to advance coal technology, the nation’s pipeline of coal builds remains virtually vacant, and it now lags painfully behind Asia and Europe in demonstration […]