Our Executive Director sat down with on this week to discuss the current global energy crisis & the need for coordinated action across Europe to prevent a major gas crunch.
🎧 Listen back here: bbc.co.uk/sounds/play/w3
International Energy Agency
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Shaping a secure & sustainable energy future. We provide data, analysis & ambitious real-world solutions on all fuels & technologies.
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International Energy Agency’s Tweets
Natural gas is an essential component of many fertilisers.
As gas prices rise due to Russia’s war in Ukraine, this adds to mounting pressure on food supply chains around the world.
Read more in this new commentary from IEA’s & Gergely Molnar → iea.li/3ojtdrr
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About 1% of cars sold in India in 2021 were electric. To keep India on track to reach net zero by 2070, about half of all cars sold will have to be electric by 2030
Join the and for a discussion on what it will take for India to get there:
iea.org/events/unpacki
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We just released Global EV Outlook 2022!
Our new analysis shows global electric car sales powered through 2021 & have remained strong so far in 2022, despite strains on global supply chains.
Explore the key findings → iea.li/3lMBqmN
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Our newsletter went out on Monday, with info & analysis on 5 immediate coordinated steps the EU needs to take ahead of winter, Ukraine joining the IEA family, slowing global electricity demand growth & much more.
Read: iea.li/3BjAZcv
Subscribe: iea.li/3zz4iGG
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Global renewable power is set for another year of record growth in 2022, adding 320 gigawatts of new capacity.
This would come close to matching the EU’s total electricity generation from natural gas.
More in our latest Renewable Energy Market Update 👉 iea.li/3OAiAeA
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The cost of key clean energy technologies, such as solar PV & batteries, has dropped rapidly in past years.
But a surge in prices of the minerals & metals needed to produce them risks reversing progress.
Learn more in our latest commentary 👉 iea.li/3zrha1F
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🗣 “After many months of warning signs, Russia’s latest moves to squeeze natural gas flows are a red alert for the EU”
In his new article, IEA's sets out 5️⃣ immediate actions that can help European countries prevent a major gas crunch 👉 iea.li/3cenb8u
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Today, the #MethaneGuidingPrinciples launched a new Methane Policy Toolkit to support countries that have committed to reducing methane emissions from the oil and gas sector. 🔗methaneguidingprinciples.org/methane-policy
More on why we need this Toolkit and what it adds to the conversation here 🧵
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Energy investment today falls far short of what's needed to achieve climate goals & provide reliable & affordable energy for all.
A huge investment surge in clean energy is the only lasting solution to tackle both the energy crisis & the climate crisis → iea.li/3yYTccn
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Africa has huge potential to produce hydrogen using its rich renewable resources.
Hydrogen projects underway now to produce ammonia for fertilisers can improve food security.
By 2030, it could be exporting hydrogen at internationally competitive prices: iea.li/3czqqHY
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Global electric car sales powered through 2021 & have remained strong so far in 2022, despite strains on global supply chains.
Learn more in Global EV Outlook 2022 → iea.li/3IV4sLD
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Electricity prices are skyrocketing around the 🌎, more than tripling in many markets.
In the first half of 2022, average natural gas prices in Europe were 4 times as high as in the same period in 2021, while coal prices were more than 3 times as high 👉 iea.li/3yV3Cd8
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Russia is a major producer of many minerals & metals that are vital for clean energy transitions.
The country’s invasion of Ukraine underscores the need to diversify supplies & reinforce energy security.
More in this new commentary from IEA's → iea.li/3IVPTra
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We just launched a new interactive tool offering real-time data on electricity markets around the world, including demand, generation & prices at a country & regional level.
Try it out now to explore the wealth of freely available data → iea.li/3PRBgYd
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Global oil & gas sector income is set to jump to an unprecedented $4 trillion in 2022, driven by today’s high energy prices.
But clean energy investment is set to make up only around 5% of oil & gas companies' capital expenditure. Much more is needed → iea.li/3oo8hiW
GIF
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Very pleased to see EU countries agreeing to reduce their gas demand.
As has made clear, immediate & coordinated action is needed to prepare for a tough winter. It's even more urgent with Russia set to reduce gas flows to Europe again tomorrow.
The EU has no time to lose!
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I strongly welcome the endorsement by Council of the regulation to reduce gas demand and prepare for the winter.
It is a decisive step to face down the threat of a full gas disruption.
Thanks to today’s decision, Europe is now ready to address its energy security, as a Union.
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🗣 “Supply uncertainty, high prices & urgent climate targets all point to the value of energy efficiency & energy savings”
Our new commentary explores how awareness & behaviour campaigns can empower citizens to save energy amid today’s energy crisis → iea.li/3ol3xKT
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Advanced economies have seen a surge in sustainable finance in recent years, providing an important tailwind for solar & wind projects
Sustainable debt issuance in 2021 rose above $1.6 trillion. More than 80% of this was in advanced economies 👉 iea.li/3Omynxr
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Electric car sales powered through 2021, reaching a record 6.6 million.
Strong policy support has been critical to unlock this growth, but ensuring resilient & sustainable EV supply chains will be vital to keep up momentum.
Read more → iea.li/3RUm0LJ
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What do clean energy technologies of the future look like? How can innovation help decarbonize our economies?
and I co-hosted the 'Innovation Frontlines' podcast by to find out. Here's a thread🧵
Apple: podcasts.apple.com/in/podcast/inn
Spotify:
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Ensuring resilient & sustainable EV supply chains will be vital to keep up sales momentum.
Today, 🇨🇳 is at the heart of the value chain, making up 75% of battery production capacity.
🇪🇺& 🇺🇸 are working to support domestic supply chain development: iea.li/3IZDcLT
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Secure & resilient energy technology supply chains are central to successful clean energy transitions.
Our new report assesses current & future supply chains for key clean energy technologies - such as solar PV & EVs - needed to reach #NetZero 👇
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The natural gas crisis in Europe has been building for many months, and Russia’s role in it has been visible well before its invasion of Ukraine
From early on, we have highlighted the growing risks & put forward practical actions to respond
Read more → iea.li/3zpZVxr
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Growing efforts to tackle the climate crisis have stimulated a burst of activity in small modular reactors.
Their lower costs, smaller size & reduced project risks may boost social acceptance & attract more private investment versus large nuclear plants: iea.li/3Ot4lIr
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Last week at a ceremony in Warsaw, 🇺🇦’s Energy Minister & IEA's signed a declaration marking Ukraine’s official entry into the IEA Family, paving the way for closer collaboration on energy security & reconstruction.
Read more 👉 iea.li/3Olr3lC
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Leaving your car at home every Sunday can cut fuel use in today’s strained market & save your household up to 100€ a year on fuel bills.
No need to wait for your city to enforce it - if you can, leave your car at home today.
More in our new guide ➡️ iea.li/3IEExYs
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Renewable power generation is growing faster than overall demand in 2022, driven by strong capacity additions.
This is leading to a slight drop in global power sector carbon emissions, despite rising coal use in Europe amid today’s gas crisis.
More 👉 iea.li/3PuGEjY
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Interested in joining the IEA team in Paris? Our Communications & Digital Office is hiring for several roles ⬇️
✅ Communications & Content Manager → iea.li/3ALPOnF
✅ Digital Producer → iea.li/3nZL1Yw
Apply now!
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Our report on Solar PV Global Supply Chains offers 5 key policy action areas to ensure secure solar PV supplies.
Its recommendations can also help address key challenges like environmental & social sustainability, investment risks & cost competitiveness: iea.li/3PtrYln
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5️⃣ times more electric car models were available globally in 2021 than in 2015 🚐
By the end of last year, 450 different models were available, driven by a strong expansion of SUV offerings.
Read more 👉 iea.li/3Jd7afL
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On average, about 1/3 of car trips in the EU are less than 3 kilometres. Choosing to walk or bike these short journeys instead of driving can:
1️⃣ Tackle traffic congestion
2️⃣ Reduce air pollution
3️⃣ Save money on fuel bills
Learn more ➡️ iea.li/3Be4FaO
GIF
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Renewables are the driving force for Africa’s electricity sector this decade.
While natural gas may be needed through 2030 to meet rapidly rising energy needs, competitive renewables mean gas’ share of modern energy will not rise in our scenario → iea.li/3IH9DP6
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“In many parts of the world, especially in Europe, this winter may be a challenging one,” IEA Chief told FP, reflecting on Europe’s disproportionate reliance on Russian energy imports.
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The natural gas crisis in Europe has been building for many months, and Russia’s role in it has been visible well before its invasion of Ukraine
From early on, we have highlighted the growing risks & put forward practical actions to respond
Read more → iea.li/3vaaiTz
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China's industrial & innovation policies have been vital in solar PV's huge cost declines, benefitting clean energy transitions worldwide.
At the same time, the level of concentration in global solar PV supply chains also poses potential challenges → iea.li/3cmYsiE
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What are the upcoming developments expected in India’s #ElectricVehicle (#EV) sector? Join , & for ‘Unpacking the IEA Global EV Outlook 2022: The India Story’ to hear more from experts.
Register for the webinar here- us02web.zoom.us/webinar/regist
#NDCTIA
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This week at a ceremony in Warsaw, 🇺🇦’s Energy Minister & IEA's signed a declaration marking Ukraine’s official entry into the IEA Family, paving the way for closer collaboration on energy security & reconstruction.
Read more 👉 iea.li/3b3XtmV
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“Russia’s latest moves to squeeze natural gas flows are a red alert 🚨 for the EU” writes ’s chief - - who understands the energy sector perhaps better than anyone
#NordStream1 #Nordstream
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Electricity prices are skyrocketing around the 🌎, more than tripling in many markets.
In the first half of 2022, average natural gas prices in Europe were 4 times as high as in the same period in 2021, while coal prices were more than 3 times as high 👉 iea.li/3zodj5g
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