Tag: IEA

Governments have unleashed a wave of clean energy policies to benefit from the new energy economy

Stuart Mitchell

New IEA report offers first-of-its-kind global inventory of the policies countries are leveraging to advance clean energy transitions and improve energy security Government support and incentives for clean energy technologies have reached new highs as policymakers place renewed focus on energy security in the wake of multiple crises in recent years, according to a new IEA report. The first edition of the report – State of Energy Policy 2024 – provides the most comprehensive and up-to-date global picture of energy policies by country and sector, highlighting the most substantial changes…

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New IEA global commission will champion policies supporting fairness and affordability in clean energy transitions

Stuart Mitchell

Led by Deputy Prime Minister Teresa Ribera of Spain and Minister Alexandre Silveira of Brazil, commission convenes leaders from across society to help ensure benefits of transitions are shared widely and equitably The IEA is convening a new Global Commission on People-Centred Clean Energy Transitions to examine how to design and implement policies that lead to a more equitable energy system – supporting decision makers around the world as they seek to prioritise affordability and fairness in clean energy transitions. The new Commission will draw on international best practices and…

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New IEA online tool compares lifecycle emissions from traditional and electric cars

Stuart Mitchell

The IEA recently released a new interactive tool that allows users to explore the greenhouse gas emissions of passenger cars with different powertrains – battery electric, conventional and plug-in hybrid. The calculator takes into account the entire lifecycle of the cars – from raw materials and mining to production and end-use – to provide a precise estimate of the direct and indirect emissions of different types of vehicles. IEA analysis shows that under today’s policy settings alone, almost one in six cars on the road will be electric by 2030,…

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Rapid rollout of clean technologies makes energy cheaper, not more costly

Stuart Mitchell

Key task for governments is to make clean energy technologies more accessible to those that may otherwise struggle with the upfront costs, new IEA special report finds Speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly, according to a new IEA special report released today. The report, Strategies for Affordable and Fair Clean Energy Transitions, shows how putting the world on track to meet net zero emissions by 2050 requires additional investment but also reduces…

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Sharp declines in critical mineral prices mask risks of future supply strains as energy transitions advance

Stuart Mitchell

Prices for key minerals used in clean energy technologies dropped in 2023, but new IEA analysis shows need for greater and more diversified investment to support efforts to reach energy and climate goals Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report from the International Energy Agency finds that major additional investments are still needed to meet the world’s energy and climate objectives. The Global Critical Minerals…

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