International Energy Agency Current Affairs, GK & News
The International Energy Agency is an intergovernmental organisation set up in 1974 in response to the 1973 oil crisis. Its 30 member nations hold 1.55 billion barrels in public emergency oil stocks. India is not a member of this agency. To become a member, certain requirements must be met, like maintaining emergency oil reserves equivalent to at least 90 days of net imports. The IEA and India signed ‘strategic partnership framework’ recently.
Global Energy Review
The International Energy Agency recently released the Global Energy Review report. According to the report, the Carbon Dioxide emissions in India is to be 1.4% higher than the levels recorded in 2019. Key Findings of the Report: India The coal-fired power generation is to increase by three times higher than the increase in generation from ..
Month: Current Affairs - April, 2021
Category: Reports & Indexes Current Affairs
Topics: Carbon dioxide • Coal • Global Energy REview • Greenhouse gas emissions • International Energy Agency • Paris Agreement
IEA Report: Global Energy Review, 2020
The International Energy Agency recently released Global Energy Review in 2020. The report highlights the global energy demand in 2020 and carbon dioxide emissions. Highlights The report was prepared by collecting data from 30 countries. This includes India and China. Key Findings of the report According to the report, 15% of the daily electricity demand ..
Month: Current Affairs - May, 2020
Category: Reports & Indexes Current Affairs
Topics: Carbon dioxide • carbon dioxide emissions • Coal • crude oil • Electricity • International Energy Agency • Oil and Gas • renewable power
IEA highlights 30% Drop in Energy Demand in India
The International Energy Agency highlighted a 6% decline in global energy demand and a 30% drop in India’s energy demand. Global Scenario The IEA predicted that the global energy demand shock this year would be the biggest since the World War II. Currently, the world is seeing a 6% decline in energy demand- equivalent to ..
Category: Economy & Banking Current Affairs • International Current Affairs • Reports & Indexes Current Affairs
Topics: Economy • International Energy Agency • Lockdown
International Energy Agency: India the third largest producer of Electricity
On March 19, 2020, the Ministry of Power quoted International Energy Agency ranking in the Parliament. According to the ranking, India is the third largest producer of electricity in the world. Also, it is ranked 106th in terms of per capital consumption. Highlights India has now become power surplus from power deficit. Therefore, it is ..
Month: Current Affairs - March, 2020
Category: India Nation & States Current Affairs
Topics: Clean Energy • Coal • Electricity Grid • International Energy Agency • Ministry of Power • renewable energy India • Solar power • World Health Organization (WHO)
IEA launches India’s Energy Policy Report
On January 10, 2020, the International Energy Agency (IEA) launched India’s Energy Policy Report. The report insisted that India should adopt its think tank NITI Aayog’s National Energy Policy. IEA released its “India Report 2020”, in collaboration with NITI Aayog. Key Findings of the report The oil demand of India will overtake China by mid-2020. ..
Month: Current Affairs - January, 2020
Category: Reports & Indexes Current Affairs
Topics: crude oil • energy demand • International Energy Agency • NITI Aayog • Oil Imports • Startegic Petroleum Reserve