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IEA urges governments to seize the opportunity to accelerate clean energy deployment
25 April 2012 Tracking Clean Energy Progress report released at the third Clean Energy Ministerial in London. Read press release... |
IEA Statement29 March 2012 Energy-market experts from the 28 IEA member-country governments gathered on 28 and 29 March at the IEA Secretariat in Paris for a regularly scheduled quarterly meeting. The experts held productive discussions regarding numerous issues related to global oil and gas markets. IEA Executive Director Maria van der Hoeven issued the following statement after the meeting concluded: “The oil market has been tightening in recent months; crude oil prices are very high again, and petrol prices have reached a record high level in some member countries. The International Energy Agency, like many others, is concerned by the impact of these high prices while the global economic recovery remains fragile. “The IEA is closely monitoring market developments and will remain in close contact with member countries to exchange views about the oil-market situation. As we have mentioned many times, the IEA was created to respond to serious physical supply disruptions, and we remain ready to act if market conditions so warrant.” |
Recent increases in oil prices are cause for concern, IEA Executive Director tells IEF
14 March 2012 Global oil expenditures breached 5% of the world’s Gross Domestic Product last year, just as they did in 2008 and other periods of sharp economic slowdown, IEA Executive Director Maria van der Hoeven has warned on Wednesday, 14 March in a speech to the 13th International Energy Forum in Kuwait. Ms. Van der Hoeven noted that just as the world was beginning to pull out of the 2008/9 recession, pressures deriving from higher crude prices have re-emerged. She added that it is not simply a case of richer countries grumbling about high oil prices as emerging markets are also vulnerable. “We should all be worried about recent increases in prices,” Ms van der Hoeven said. Read the full speech here. |
Energy Policies of IEA Countries - Denmark 2011 Review
21 February 2012 Read press release… |
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Energy Technology Perspectives 2012
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21 February 2012
Energy Policies of IEA Countries - Denmark
2011 Review
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06 February 2012
Energy Policies of IEA Countries - Slovak Republic
2012 Review
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IEA in the Press
| Reuters Insider, 13 April 2012
Insider, the Reuters online multimedia news platform, interviewed IEA Oil Industry and Markets Division head David Fyfe about the Agency’s newest Oil Market Report, released on 12 April. The report said an increase in OPEC supplies has helped break the cycle of tightening oil-market fundamentals that has been in effect for several years. “We’re highlighting this month that the tide may have turned in terms of market fundamentals,” Fyfe said, adding, “We would expect some of the steam has been taken out of the market with this ramp-up in OPEC supply.”
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| Time Magazine, 09 April 2012
In its cover story, "The Truth about Oil", Time interviews many of the leading experts on oil, including IEA Chief Economist Fatih Birol. In the article, which also relies on IEA statistics to buttress its conclusion that new breakthroughs are increasing U.S. oil supplies, Birol is quoted on how the Americas are on the way to becoming an oil-exporting region once again. "We’re seeing rapid and major changes in the geopolitics of oil," Birol told the magazine. (Article available to paying subscribers only.)
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| Le Monde, 05 April 2012
The solar photovoltaic market is characterized by hard competition, with manufacturing capacity of solar panels worldwide being about the double of demand, IEA Renewable Energy Division Head Paolo Frankl told Le Monde in an interview. The European PV industry is under particular pressure because of massive Chinese production and reductions in economic incentives in Europe. The challenge for the European industry will be to find new markets in other world regions, Frankl said. At the same time, the inception of the Chinese domestic market – with a target of 15 GW of PV installed by 2015 – will take off some pressure. (Interview in French.)
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