In Short : Over 60 countries are participating in the International Summit on the Future of Energy Security in London, co-hosted by the UK and the International Energy Agency. Held at Lancaster House, the summit focuses on global energy security challenges, clean energy transitions, critical mineral supply, and international cooperation to build resilient, sustainable energy […]
IEA-UK Prime Minister and European Commission President address international Summit on the Future of Energy Security – EQ
In Short : At the Future of Energy Security Summit in London, UK PM Keir Starmer pledged £2.3 billion for clean energy, aiming for 100% renewable electricity by 2030. EU President Ursula von der Leyen announced a May roadmap to end Russian fossil fuel imports by 2027. Diverging views emerged, with the U.S. cautioning against […]
IEA celebrates 10 years of training policy makers to drive energy efficiency progress – EQ
In Short : The IEA marks 10 years of its Energy Efficiency Policy Training Weeks, having trained over 3,000 policymakers from 130+ countries. The 20th edition in Paris hosted 200 participants focusing on key sectors. Organized by the Office of Energy Efficiency and Inclusive Transitions, the initiative supports global efforts, especially in emerging economies, to […]
IEA launches revamped Everything Energy podcast to explore key energy issues with top experts – EQ
In Short : The International Energy Agency (IEA) has relaunched its *Everything Energy* podcast, featuring expert insights on major global energy issues. The first episode covers 2024 trends with Laura Cozzi, IEA’s Director of Sustainability. Future episodes will explore topics like geothermal energy, AI in energy, and nuclear power. The podcast aims to make energy […]
IEA-AI is set to drive surging electricity demand from data centres while offering the potential to transform how the energy sector works – EQ
In Short : Artificial Intelligence is poised to significantly increase electricity demand, particularly from energy-intensive data centres, as its applications rapidly expand. At the same time, AI offers transformative potential for the energy sector—enhancing grid management, optimizing power generation and consumption, and enabling smarter, more efficient energy systems. This dual role positions AI as both […]
IEA-Bridging the Innovation Gap: The Urgent Need for Decarbonization in Heavy Industry and Transport – EQ
In Short : The IEA reports innovation gaps in heavy industry and transport despite a $60 billion decarbonization pipeline. Steel, cement, and chemicals need stronger policies like carbon pricing and green procurement. In transport, better lithium-ion batteries and hydrogen fuel cells are crucial. Coordinated global efforts are required to accelerate low-carbon technology adoption and close […]
IEA-Grid congestion is posing challenges for energy security and transitions – EQ
In Short : Grid congestion threatens energy security and slows the transition to renewables. Overloaded transmission networks cause blackouts, high costs, and renewable curtailment. Solutions include expanding smart grids, enhancing energy storage, and using decentralized systems like microgrids. Digitalization and demand response can optimize distribution, ensuring a resilient and efficient energy future. Upgrades are essential […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand surged in 2024, growing nearly twice the recent average. Driven by economic recovery, industrial growth, extreme weather, and rising AI-driven power needs, demand spiked across fossil fuels and electricity. China, India, and data centers led the surge. The imbalance strained supply chains, increased prices, and raised carbon emissions, challenging […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand witnessed a sharp surge in 2024, growing nearly twice the recent average, driven by economic recovery, industrial expansion, and extreme weather events. Increased consumption of electricity, oil, and gas intensified supply challenges, highlighting the urgent need for accelerated renewable energy deployment and energy efficiency measures to balance rising demand […]
IEA-The battery industry has entered a new phase – EQ
In Short : According to the International Energy Agency (IEA), the global battery industry has entered a new growth phase driven by surging demand for electric vehicles and renewable energy storage. Falling costs, technological advancements, and expanding production capacities are reshaping the sector, positioning batteries as a key enabler of the global clean energy transition […]