IEA

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

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

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 […]

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 […]

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

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 […]

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

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

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 […]

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 […]