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India to see huge global capital flows in clean energy: IEA Exec Director

In a Q&A, Fatih Birol dwells on India's future in renewables, Reliance's aggressive green energy foray and how advanced countries should support the emerging world in its net-zero emission drive

India to see huge global capital flows in clean energy: IEA Exec Director
Updated On : 30 Jul 2021 | 12:05 AM IST

Pandemic recovery to push greenhouse emissions to all-time high: IEA

The energy watchdog said the figure represented around a third of what it envisioned was needed in order to put the world on course to reach net zero emissions by mid-century.

Pandemic recovery to push greenhouse emissions to all-time high: IEA
Updated On : 20 Jul 2021 | 8:26 PM IST

OPEC+ impasse risks price war as demand surges for oil, says IEA

The IEA said market volatility stoked by the impasse served neither producers nor consumers and that while higher fuel prices could provide an impetus to developing more renewable energy

OPEC+ impasse risks price war as demand surges for oil, says IEA
Updated On : 13 Jul 2021 | 4:20 PM IST

Stop developing new oil, gas, coalfields to avert climate crisis, says IEA

Within three decades, the role of fossil fuels should reverse entirely -- from 80% of global energy needs today to barely a fifth by mid-century.

Stop developing new oil, gas, coalfields to avert climate crisis, says IEA
Updated On : 19 May 2021 | 1:19 AM IST

Global CO2 emissions set for second-biggest spike in history: IEA

Global energy-related CO2 emissions are on course to surge by 1.5 billion tonnes in 2021,the second-largest increase in history

Global CO2 emissions set for second-biggest spike in history: IEA
Updated On : 20 Apr 2021 | 12:15 PM IST

Oil prices register one-month highs as IEA and OPEC raise forecasts

Global oil demand and supply are set to be rebalanced in the second half of this year

Oil prices register one-month highs as IEA and OPEC raise forecasts
Updated On : 15 Apr 2021 | 2:05 PM IST

India energy demand set to grow fastest in the world; to overtake EU

IEA saw primary energy consumption almost doubling to 1,123 million tonnes of oil equivalent as the Gross Domestic Product (GDP) expands to USD 8.6 trillion by 2040

India energy demand set to grow fastest in the world; to overtake EU
Updated On : 09 Feb 2021 | 11:58 PM IST

India to overtake EU as world's third largest energy consumer by 2030: IEA

IEA forecast India accounting for the biggest share of energy demand growth over the next two decades

India to overtake EU as world's third largest energy consumer by 2030: IEA
Updated On : 09 Feb 2021 | 2:44 PM IST

India to be largest source of energy demand growth at $8.6 trn: IEA

India's growing energy needs will make it more reliant on fossil fuel imports as its domestic oil and gas production has been stagnant for years

India to be largest source of energy demand growth at $8.6 trn: IEA
Updated On : 09 Feb 2021 | 11:54 AM IST

India inks MoU with IEA for global energy security, sustainability

India on Wednesday inked a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability and sustainability. This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA, a power ministry statement said. "The Framework for Strategic Partnership between the IEA members and the Government of India was signed on 27th January, 2021 to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability," it said. The Memorandum of Understanding (MoU) was signed by Power Secretary Sanjiv Nandan Sahai and IEA Executive Director Fatih Birol. "The contents of the strategic partnership will be jointly decided by IEA members and India, including a phased increase in benefits and responsibilities for India as an IEA strategic partner, and building on existing areas of work within Association and the Clean .

India inks MoU with IEA for global energy security, sustainability
Updated On : 27 Jan 2021 | 6:39 PM IST

IEA says oil market outlook clouded by vaccine roll-out variables

LONDON (Reuters) - Oil producers face an unprecedented challenge to balance supply and demand as factors including the pace and response to COVID-19 vaccines cloud the outlook, an official with International Energy Agency (IEA) said on Wednesday.

IEA says oil market outlook clouded by vaccine roll-out variables
Updated On : 13 Jan 2021 | 5:34 PM IST

China all set to eclipse US as world's biggest oil refiner by 2021: IEA

The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest of Asia

China all set to eclipse US as world's biggest oil refiner by 2021: IEA
Updated On : 23 Nov 2020 | 1:51 AM IST

Despite Covid-19 India's renewables to see largest upswing in 2021: IEA

India is expected to be the largest contributor to the renewables upswing in 2021, with the country's annual additions doubling from 2020

Despite Covid-19 India's renewables to see largest upswing in 2021: IEA
Updated On : 10 Nov 2020 | 1:02 PM IST

OPEC+ oil output boost to leave market in precarious balance, IEA says

At the same time, markets are set to receive fresh supplies in January as OPEC and its partners relax some of the measures they've taken to prevent a glut

OPEC+ oil output boost to leave market in precarious balance, IEA says
Updated On : 15 Oct 2020 | 1:17 AM IST

IEA cuts 2020 oil demand forecast by 140,000 bpd over aviation sector woes

The Paris-based IEA slashed its 2020 outlook by 140,000 bpd to 91.9 million bpd, its first downgrade in several months

IEA cuts 2020 oil demand forecast by 140,000 bpd over aviation sector woes
Updated On : 14 Aug 2020 | 1:01 AM IST

Global energy investment may see a record fall in 2020 over Covid-19: IEA

Governments are easing restrictions put in place to curb the spread of the virus after the confinement of around 3 billion people brought the global economy to a near standstill

Global energy investment may see a record fall in 2020 over Covid-19: IEA
Updated On : 27 May 2020 | 12:59 PM IST

Major threat to oil supplies seems to have receded: IEA on US-Iran tensions

The IEA's forecasts see faster growth in demand for oil this year thanks to expectations that global growth will pick up as trade tensions diminish.

Major threat to oil supplies seems to have receded: IEA on US-Iran tensions
Updated On : 16 Jan 2020 | 4:28 PM IST

IEA slams India's gas pricing, says it reduced incentives to raise supply

In its first in-depth review of India's energy policies, IEA said for the share of environment-friendly fuel to rise, the government needs to ensure gas is treated on a level playing field

IEA slams India's gas pricing, says it reduced incentives to raise supply
Updated On : 13 Jan 2020 | 12:21 AM IST

Asia to keep world coal demand steady as environment concerns grow

Coal remains a major source of power across Southeast Asia, where breakneck economic development has spurred soaring energy demands -- but at a cost to the environment

Asia to keep world coal demand steady as environment concerns grow
Updated On : 17 Dec 2019 | 11:15 AM IST

Need grand coalition of govts, corp, people to tackle climate change: IEA

The IEA said that under its Sustainable Development Scenario, global CO2 emissions would fall two thirds from 2018 by 2050, with net zero achieved in 2070.

Need grand coalition of govts, corp, people to tackle climate change: IEA
Updated On : 13 Nov 2019 | 10:15 AM IST