IEA
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Renewables
Report: Investments in Coal Risky, Billions in Assets Could Be Stranded
A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]
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History
The Rise of Natural Gas Generation in Europe
Spurred by the shale gas revolution, natural gas’s stunning rise to dominate the U.S. power profile has been echoed by a number of countries, particularly in the Middle East. In Europe, where domestic natural gas production is actually in decline—and consensus is that shale gas won’t likely play a major role on the continent—natural gas […]
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O&M
Intense Summer Heatwaves Rattle World’s Power Plants
Scorching temperatures during the summer of 2018 forced a swathe of power plants across the world to reduce power or shut down temporarily, owing to warmer-than-usual temperatures of cooling water and other
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History
THE BIG PICTURE: A Gas Trade Transformation (Infographic)
According to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic […]
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Coal
How Southeast Asian Countries Could Drive the Future of Coal Technology
Poised to drive the future of coal power, many Southeast Asian countries are considering new coal plants with high-efficiency, low-emissions (HELE) technologies, a new report suggests. According to the International Energy Agency’s (IEA’s) December-released World Energy Outlook 2017, Southeast Asia, along with India and other developing economies in Asia, will drive global coal demand. The […]
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Infographics
THE BIG PICTURE: The Electric Vehicle Push
Because the widespread adoption of electric vehicles (EVs) could ramp up demand for electricity and slash transportation-related emissions of carbon dioxide and other pollutants, a growing group of stakeholders, including power companies and trade groups, strongly advocate for an accelerated EV rollout. By mid-2018, several countries with potentially large EV markets had set EV deployment targets, as well […]
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Coal
India’s Power Industry Struggles to Solve Pollution Problems
In a bid to tamp down pollution, India’s government in December 2015 notified the country’s coal generators they would need to meet—for the first time—new emissions limits for nitrogen oxides (NOx), sulfur dioxide (SO2), and mercury, as well as tightened limits for particulate matter (PM) and water consumption. The gazetted notification gave new plants until […]
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Legal & Regulatory
Power in Africa: Prospects for an Economic Foothold
To sustain unprecedented economic growth, lift hundreds of millions out of poverty, and attract investment, African countries are taking bold steps to expand electricity infrastructure. Are the continent’s
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Press Releases
Strong policy and falling battery costs drive another record year for electric cars
Latest IEA report finds that charging infrastructure, more battery improvements and the supply of core materials will be critical to sustaining growth The number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with 2016, according to the latest edition of the International Energy Agency’s […]
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Coal
Chile to Pursue Dramatic Coal Generation Reduction
Chile joined the ranks of nearly two dozen countries that have announced a phaseout or a moratorium of coal generation, pledging not to continue building coal-fired power plants unless they are equipped with
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Connected Plant
An Inside Look at Digital Transformation: GE Power’s Lessons Learned
GE has operated its monitoring and diagnostics center for nearly two decades, examining the performance and health of customers’ power plants and other generating assets around the world. Understanding some
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Gas
Energy Transitions Begin to Leave Out Natural Gas Power
The world’s energy transition took an interesting turn at the end of 2017 as global power firm Engie announced it would switch all its gas operations to biogas and renewable hydrogen, the UK slashed its
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Renewables
India’s Ongoing Power Generation Course Correction
It is estimated that nearly 240 million Indians currently do not have access to electricity. In many cases that also means a lack of access to adequate health care or educational opportunities. It is no
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Legal & Regulatory
IEA Predicts End of Coal’s Heyday
In the next 25 years, the world will turn increasingly to renewables and natural gas to meet energy demand, turning away from coal, according to the International Energy Agency’s (IEA’s) World Energy
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Coal
Report: Global Coal Demand Drops Second Year in a Row
Global coal demand fell nearly 2% in 2016, according to the International Energy Agency’s (IEA) Coal 2017 Analysis and Forecasts report, released December 18. “Demand for coal has now dropped by 4.2% since 2014, almost matching the fall of 1990-1992, which was the largest two-year decline recorded since the IEA started compiling statistics more than […]
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Renewables
IEA Paints Picture of World Dominated by Renewables and Natural Gas
In the next 25 years, the world will turn increasingly to renewables and natural gas to meet energy demand, turning away from coal, according to the International Energy Agency’s (IEA) World Energy Outlook 2017 (WEO). As in previous years, the report makes predictions based on different scenarios. This year’s include a New Policies Scenario, which […]
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Renewables
IEA Says Southeast Asia Will Keep Coal Demand High
The International Energy Agency (IEA) says the need for cheap electricity in Southeast Asia will drive global demand for coal for power generation through 2040, even as many countries continue to retire coal-fired plants and cancel projects for new coal facilities. IEA, which is set to release its World Energy Outlook 2017 on November 14, […]
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Environmental
Reports: Electric Vehicles Are Poised to Reshape Global Power Consumption
The rapid adoption of electric vehicles (EVs)—both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs)—is expected to transform global electricity consumption through 2040, three
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Legal & Regulatory
DOE Won’t Increase Regulation on Gas to Boost Coal, Perry Says
The Trump administration wants to revitalize the coal industry, but they will not do so by imposing regulation on the natural gas industry, Secretary of Energy Rick Perry told reporters July 18 at a joint press conference with International Energy Agency Executive Director Fatih Birol. “Would the Department of Energy (DOE) be a participant in […]
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Coal
POWER Digest (June 2017)
India Joins IEA as an Association Country. India joined the International Energy Agency (IEA) as an association country on March 30, marking a significant move for the country into global energy affairs. The
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Press Releases
IEA urges Poland to clean up its energy sector while balancing energy security, environment and affordability requirements
25 January 2017, Paris WARSAW — Poland’s new energy strategy should put the country on a pathway towards a cleaner energy system while strengthening energy security, the International Energy Agency said in its latest review of the country’s energy policies. The forthcoming energy strategy is likely to prioritise long-term energy security, placing a strong emphasis […]
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Coal
IEA: Coal Boom Is Over
If broad policy commitments announced by various countries are implemented, coal will not only lose its rank as the dominant fuel for power generation to renewables by 2040, but the world’s coal fleet will be significantly transformed by technology advances, the International Energy Agency’s (IEA’s) newly released World Energy Outlook (WEO-2016) forecasts. Under a baseline […]
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Press Releases
IEA Report: Mexico’s Energy Reform Set to Revitalize Ailing Sector
26 October 2016 Mexico’s wide-ranging energy reform, which began in 2013, is expected to reverse the country’s declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon emissions, providing a solid foundation for robust economic growth in the coming decades, according to the International Energy Agency. Mexico’s […]
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Legal & Regulatory
IEA: World’s Power Sector Trails Others in Air Emissions
The world’s power sector last year emitted a third of global sulfur dioxide (SO2) emissions, 14% of nitrogen oxides (NOx), and 5% of total particulate emissions (PM2.5), but those emission values have fallen drastically over the last decade even though coal power generation has seen a surge, the International Energy Agency (IEA) said in a […]
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Wind
Siemens, Gamesa to Combine Wind Business to Form New Major Market Player
Spanish wind giant Gamesa will absorb Siemens’ wind power business, including wind services, creating a new combined company—one of the world’s biggest wind turbine manufacturers—that will have its global headquarters in Spain. The companies on June 17 signed binding agreements to merge and form the new company. Siemens will hold a 59% stake and consolidate […]
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Legal & Regulatory
IEA: World’s Power Mix Is Seeing Unprecedented Transformation
A significant transformation of the global power mix is under way, noted the International Energy Agency (IEA) in its newly released World Energy Outlook (WEO-2015). Renewables are getting subsidized boosts
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Renewables
Nuclear Is Still the Lowest Cost Option, says IEA/NEA Report
Nuclear costs aren’t on the rise globally as has been widely thought, says a new report from the International Energy Agency (IEA) and Nuclear Energy Agency (NEA) surveying the levelized cost of generating electricity (LCOE). The eighth edition of the report, “Projected Costs of Generating Electricity” compiles data for 181 plants in 19 OECD and […]
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Renewables
IEA Executive Director Praises Energy Price Coupling in Western Europe
At the annual Power-Gen Europe Conference held in Amsterdam, in the Netherlands, International Energy Agency (IEA) Executive Director Maria van der Hoeven called for greater leadership as Europe tackles de-carbonization, distributed energy, and market integration. She began her presentation by highlighting one of the biggest changes to Europe’s power markets: The May 20 decision to […]
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Environmental
IEA: For First Time in 40 Years, World Energy Sector GHG Emissions Stalled in 2014
Global emissions of carbon dioxide from the energy sector were unchanged from the preceding year—marking the first time in 40 years in which there was a halt or reduction in emissions of greenhouse gases that was not associated to an economic downturn, the International Energy Agency (IEA) said. The Paris-based autonomous organization said in a […]
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Renewables
IEA: 40% of World’s Power Fleet Will Need to Be Replaced by 2040
Events over the past year—turmoil in the oil-rich Middle East and the Russian-Ukraine gas crisis—along with uncertainty for nuclear power and pervading energy poverty worldwide show that the energy system is “under stress,” the International Energy Agency (IEA) says in its freshly released World Energy Outlook 2014 (WEO-2014). Despite technology and efficiency improvements, without actions […]