Tag: IEA

Demand for electric cars is booming, with sales expected to leap 35% this year after a record-breaking 2022

Stuart Mitchell

Global sales of electric cars are set to surge to yet another record this year, expanding their share of the overall car market to close to one-fifth and leading a major transformation of the auto industry that has implications for the energy sector, especially oil. The new edition of the IEA’s annual Global Electric Vehicle Outlook shows that more than 10 million electric cars were sold worldwide in 2022 and that sales are expected to grow by another 35% this year to reach 14 million. This explosive growth means electric…

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Hydrogen patents indicate shift towards clean technologies such as electrolysis, according to new joint study by IEA and EPO

Stuart Mitchell

Hydrogen technology development is shifting towards low-emissions solutions such as electrolysis, according to a joint study of patents by the European Patent Office (EPO) and the International Energy Agency (IEA). The report is the first of its kind and uses global patent data to provide comprehensive up-to-date analysis of innovation in all hydrogen technologies. It covers the full range of technologies, from hydrogen supply to storage, distribution and transformation, as well as end-use applications. “Hydrogen from low-emissions sources can play an important role in clean energy transitions with potential to…

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IEA offers world governments a Sustainable Recovery Plan to boost economic growth, create millions of jobs and put emissions into structural decline

Stuart Mitchell

The International Energy Agency has presented a Sustainable Recovery Plan focusing on a series of actions that can be taken over the next three years to revitalise economies and boost employment while making energy systems cleaner and more resilient. Set out in a Special Report on Sustainable Recovery from the IEA’s flagship World Energy Outlook series, the plan offers an energy sector roadmap for governments to spur economic growth, create millions of jobs and put global emissions into structural decline. By integrating energy policies into government responses to the economic…

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