Tag Archive for 'IEA'

Provisional IEA Data on Electricity Production: Coal Generation Reaches Highest Level – Renewable Generation Climbs to Second Place

Interesting new provisional data by the International Energy Agency (IEA) for 2013 show that driven by generation in non-OECD countries, electricity generated by coal reached its highest level yet at 9,613 TWh. This represents 41.1% of global electricity production. In the same year renewable electricity generation overtook natural gas to become the second largest source of electricity worldwide producing 22% of total electricity or 5,130 TWh. Global non-hydro renewable electricity also surpassed oil-fired generation for the first time ever in 2013, rising to 1,256 TWh or 5.4% of global electricity production.

Continue reading ‘Provisional IEA Data on Electricity Production: Coal Generation Reaches Highest Level – Renewable Generation Climbs to Second Place’

IEA: In Europe, Cumulative Investment of USD 2.2 Trillion Needed to Replace Ageing Infrastructure and Meet Decarbonisation Goals

Meeting the world’s growing need for energy will require more than USD48 trillion in investment over the period to 2035, according to the World Energy Investment Outlook released by the International Energy Agency (IEA), a first full update since the 2003 Investment Outlook.  In Europe, USD 2.2 trillion cumulative investment shall be needed to replace ageing infrastructure and meet decarbonisation goals. The report highlights the rising role of governments in shaping investment decisions through policy measures and incentives. Stephan Kohler, head of the Germany Energy Agency (dena) called the report a confirmation of dena’s position regarding the need for conventional power plants.

Continue reading ‘IEA: In Europe, Cumulative Investment of USD 2.2 Trillion Needed to Replace Ageing Infrastructure and Meet Decarbonisation Goals’

IEA: Integrating First 5-10% of Renewables Poses No Challenge – Higher Share Requires Transformation of the Energy System

Integrating the first 5 to 10% of renewable energy generation poses no technical or economic challenges for any country at all, provided that three conditions are met, a new report by the International Energy Agency (IEA) concludes. Going beyond this to reach shares of more than 30 percent, however, requires a transformation of the system, for which there are three main requirements, IEA says.

Continue reading ‘IEA: Integrating First 5-10% of Renewables Poses No Challenge – Higher Share Requires Transformation of the Energy System’

IEA: Large Differences in Regional Energy Prices Set to Affect Industrial Competitiveness

“Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies”, the International Energy Agency (IEA) says in its World Energy Outlook 2013, which was released yesterday.

Continue reading ‘IEA: Large Differences in Regional Energy Prices Set to Affect Industrial Competitiveness’

IEA: Renewables to Surpass Gas by 2016 in the Global Power Mix – Twice the Output of Nuclear

According to the International Energy Agency’s second annual Medium-Term Renewable Energy Market Report (MTRMR), renewable power is expected to increase by 40% worldwide in the next five years. The output is seen to  exceed that from gas and be twice that from nuclear by 2016, IEA  said on Wednesday.

Continue reading ‘IEA: Renewables to Surpass Gas by 2016 in the Global Power Mix – Twice the Output of Nuclear’

IEA: German Energy Policy Shift Commendable But Further Action Required

In a review of German energy policies launched on 24 May the International Energy Agency  (IEA) commended Germany for its Energiewende, i.e. its energy  policy shift towards a renewable energy supply.  The scale of Germany’s energy policy ambitions, coupled with the size and energy intensity of its economy, and its location at the heart of Europe’s energy system, however, meant that further policy measures were necessary if the Energiewende was to maintain a balance between sustainability, affordability and competitiveness, the IEA said.

Continue reading ‘IEA: German Energy Policy Shift Commendable But Further Action Required’