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Power sector transformation will get world one third of way to net zero: IEA

By : Sustainability ..., Sep 10, 2020

LONDON: The transformation of the power sector will only get the world one third of the way to a goal of achieving net zero emissions by mid-century, a report by the International Energy Agency (IEA) said on Thursday. Global carbon dioxide (CO2) emissions are expected to fall...

ADB, IEA discuss scaling up collaboration in energy systems

By : Sustainability ..., Jun 10, 2020

The Asian Development Bank (ADB) and the International Energy Agency (IEA) are discussing scaling up collaboration and renewing a memorandum of understanding (MOU) between the two organisations. ADB President Masatsugu Asakawa Asakawa said there is great synergy between the...

COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA

By : Sustainability ..., May 27, 2020

Global energy investments are set to nosedive by 20 per cent, or about $400 billion, as compared to last year due to the COVID-19 crisis, resulting in serious implications for energy security and clean energy transitions, according to a latest report by the International...

Around 1,000 GWh of battery manufacturing capacity needed to meet global EV target by 2025

By : Sustainability ..., May 14, 2020

The world needs battery manufacturing capacity of 1,000 Gigawatt hour (GWh) per year by 2025 to meet the global target for electric vehicle (EV) transition, said International Energy Agency (IEA). "If the global auto industry’s announced targets for electric vehicle...

COVID-19: Post-crisis clean energy progress will need reliable supplies of critical minerals, says IEA

By : Sustainability ..., May 8, 2020

The global clean energy sector would require a reliable supply of critical minerals to continue a smooth progress after the COVID-19 crisis, according to a recent study by the International Energy Agency (IEA). These critical minerals are used in the manufacturing of solar...

Around 60 per cent of energy efficiency expenditure helps create employment

By : Sustainability ..., Apr 20, 2020

Around 60 per cent of expenditure on home energy efficiency retrofits goes towards labour sector, delivering strong employment growth, according to the International Energy Agency (IEA). "Public sector programmes focusing on homes and certain relatively standardised building...

French agency to take up Kolkata e-bus as case study

By : Sustainability ..., Mar 5, 2020

The city’s electric bus fleet will be featured in prestigious annual document, Global Electric Vehicle Outlook (GEVO), 2020, by Paris-based International Energy Agency (IEA) as a case study of a successful shift to cleaner energy in mass transport system. After winning green...

Global energy-related carbon emissions flat in 2019

By : Sustainability ..., Feb 12, 2020

Global energy-related emissions of heat-trapping carbon dioxide remained steady last year, with declines in rich countries balancing out a rise in poor nations, according to data published Tuesday. The International Energy Agency said emissions of the main man-made greenhouse...

Renewable energy share in power generation remains stable over the decade: IEA

By : Sustainability ..., Jan 15, 2020

The share of renewables in electricity generation has remained stable at about 16 per cent over the past decade amid increasing electricity consumption, according to a recent report by the International Energy Agency. “The share of renewables in India’s energy system has...

Coal endures as world's favorite fuel for electricity generation

By : Sustainability ..., Dec 17, 2019

Coal consumption is set to rise in the coming years as growing demand for electricity in developing countries outpaces a shift to cleaner sources of electricity in industrialized nations. While use of the most polluting fossil fuel had a historic dip in 2019, the...