The Latest Breaking News from International Energy Agency

New projections show Russia never regaining its former stature in world markets.

For the first time, the International Energy Agency projects that demand for fossil fuels will soon peak. It's nowhere close to the speed the world needs to stop climate change - but it's a big step.

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency (IEA) said on Tuesday.

Lavish US tax breaks are transforming the case for technology that traps and stores CO₂. Critics say it is still a green boondoggle

With the EU committed to making electric vehicles widely available by 2035, the demand for metals required to produce batteries, particularly lithium, is expected to explode. The market is currently dominated by a handful of countries, but Europe wants to join the club by exploiting its subsoil.

The International Energy Agency said Wednesday that it expects carbon emissions from the burning of fossil fuels to rise again this year, but by much less than in 2021 due to the growth in renewable power and electric cars

Global carbon dioxide emissions from burning fossil fuels are expected to rise by just under 1% this year, as the expansion of renewables and electric vehicles outweighed coal demand, the International Energy Agency (IEA) said.

For countries to transition away from fossil fuels and toward cleaner energies like solar power, supply chains for components need to be more geographically diverse, officials during a conference on solar energy in New Delhi said on Tuesday

Russian missile and drone strikes targeting Ukrainian power infrastructure over the past week have failed to knock electricity supply off the grid for any prolonged period, according to International Energy Agency data.