International Energy Agency (IEA)
Oil 2023 (Analysis & forecast to 2028) Medium-term Market Report
The collaboration between the International Energy Agency (IEA) and the Petroleum Planning and Analysis Cell (PPAC) has resulted in the launch of the IEA Oil 2023 medium-term market report. This report, titled “IEA Oil 2023 – Supply and demand dynamics ..
Month: Current Affairs - July, 2023
Category: India Nation & States Current Affairs • Reports & Indexes Current Affairs
IEA’s Electricity Market Report
The International Energy Agency (IEA) released its early 2022 edition of the bi-annual Electricity Market Report. Key facts of the report As per report, countries are largely turning to fossil fuels for meeting the increase in electricity demand, as Covid-19 ..
Month: Current Affairs - January, 2022
Category: Reports & Indexes Current Affairs
IEA on India’s Ethanol Consumption
As per recent research of International Energy Agency (IEA), India is on track to become world’s third-largest ethanol market by 2026. Key Facts India will only be left behind United States and Brazil by 2026, as it has accelerated the ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
IEA invites India to become full-time member
International Energy Agency (IEA) has invited India to become its full-time member. Key Points This membership invitation was given in the light that, India is world’s third-largest energy consumer. If this proposal is accepted, it will require India to increase ..
Month: Current Affairs - October, 2021
G-7 Nations pledge to accelerate efforts against Global Warming
Environment ministers from seven industrialised nations or G7 grouping agreed to accelerate efforts against global warming during a two-day virtual meeting hosted by United Kingdom, holding presidency of G7 currently. Highlights They also committed to stop government support for new ..
Month: Current Affairs - May, 2021
IEA: Renewable Energy Market Update
The International Energy Agency recently released the “2021 Renewable Energy Market Update”. The Agency has increased its forecast for the global growth of solar energy and wind energy by 25%. The report reveals that 280 GW of the renewable energy ..
Month: Current Affairs - May, 2021
Global Electric Vehicle Outlook, 2021
The International Energy Agency recently released the Global Electric Vehicle Outlook. Key Findings of the report Three million new electric cars were registered in 2020. This was 41% higher than those registered in 2019. According to the report, if the ..
Month: Current Affairs - April, 2021
India- IEA MoU for Global Energy Security
India has signed a Framework for strategic partnership agreement with the International Energy Agency (IEA), recently. Highlights The Memorandum of Understanding (MoU) seeks to strengthen the cooperation in global energy security, stability and sustainability. It will also help in extensive ..