IEA
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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 […]
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Power
POWER Digest (October 2014)
Kemper County Combined Cycle Unit Begins Commercial Operation. Mississippi Power on Aug. 14 marked a significant milestone and started commercial operation (on natural gas) of the combined cycle unit at the