Working together to ensure reliable, affordable and clean energy

flag-pol flag-chi

Connect with us:

RSS LinkedIn You Tube

9 November 2010, Deutsche Welle

An estimated 1.4 billion people worldwide lack access to electricity – and the majority of them will remain in the dark indefinitely unless the international donor community reallocates hundreds of millions of dollars over the next two decades, according to the chief economist of the International Energy Agency. “If there is no major breakthrough, despite growth in global economy, in 2035 there will be 1.2 billion people who will still have no access to electricity,” says Fatih Birol, top economist for the autonomous group that monitors worldwide energy supply and demand.

9 November 2010, Aftenposten, Norway

The international Energy Agency say it is less likely than ever that the goal to limit global warming to 2 degrees over pre-industrial levels will be achieved. The message from the IEA is not very surprising, but alarming nevertheless. The world is barely moving in the right direction. Too little is done and action is coming too late. Prospects for a significant change in the outlook after the coming high level climate meeting in Mexico is not promising.

9 November 2010, VG, Norway

The IEA in its World Energy Outlook 2010 estimated fossil fuel subsidies at USD 312 billion in 2009, mostly in developing countries, compared with USD 57 billion in subsidies for renewable energy.| “Eradicating subsidies to fossil fuels would enhance energy security,” said IEA Executive Director Nobuo Tanaka. “It would reduce emissions of greenhouse gases and air pollution, and bring economic benefits.”

9 November 2010, Reuters

Greenpeace welcomes IEA´s call to cut the $312 billion in global fossil fuel subsidies, which would reduce fossil fuel demand and result in a fall of 2 gigatonnes CO2 or 5.8% of global energy related CO2 emission, according to the IEA’s World Energy Outlook 2010 report launched today. We welcome that renewables are now in the focus of the 2010 edition,” said Sven Teske, Renewable Energy Director Greenpeace International. “The IEA is increasingly recognizing the important role renewable energy can play to fight climate change and improve security of supply.

9 November 2010, Greenpeace

The publication by the International Energy Agency (IEA) of its World Energy Outlook (WEO) in November each year is always an event that fuels debates about the key issues surrounding the world’s long-term energy prospects, which in the case of the 2010 edition means the period up to 2035. The WEO incorporates a wealth of information, statistical data and analyses of the highest quality, and among the figures and forecasts included in this substantial volume, those relating to the future investments required are among the most impressive. The 2010 edition, to which AOG devotes a special report (see the interview with Mr. Fatih Birol, the Chief Economist of the IEA, on pages 3-6 and the executive summary of the WEO 2010 on pages 41-50) is no exception to this rule.

12 October 2010, Reuters

Fatih Birol, the IEAs chief economist, said in an interview that 20 years from now, Iraq could be pumping two to three times more than the 2.5 million barrels a day it currently produces. To achieve those levels, Iraq needs to repair its infrastructure, overcome a water shortage and improve its parlous security situation. "If Iraq addresses all these problems, it could be one of the few provinces where well see net growth in oil production," Fatih Birol said.

12 October 2010, The Wall Street Journal

Irans fossil-fuel subsidy was higher than any other country in 2009 at $66 billion, the International Energy Agency said Tuesday, creating strain on the countrys economy and inefficiencies in its energy sector. In its World Energy Outlook report, the IEA recognized Irans recent efforts to address the problems created by the subsidies, but noted many challenges remain before changes are implemented.

21 September 2010, The Charcoal Project

Poor and wealthy nations must take concrete steps to curb carbon emissions at world climate talks in Mexico next week, rather than fall out over specific CO2 targets, The International Energy Agency said on Thursday in Canberra. "In some countries, oil or energy consumption is much more than it should be. Phase-out is a very important action in Cancun which we are strongly recommending to the Mexican president that he take action on," IEA Executive Director Nobuo Tanaka said.

14 September 2010, Arab News

Fatih Birol, IEA chief economist, speaking at the World Energy Congress said the world energy sector faces unprecedented uncertainty. This is due in part to questions regarding the pace and pattern of economic recovery following the recession. He also pointed to what he called "insensitivity of oil demand and supply" with respect to prices because ss much as 90 percent of demand growth for new oil supplies has come from the worlds transportation sector

14 September 2010, Power Gen

Oil prices are likely to rise when the global economy rebounds and demand increases, Fatih Birol Chief Economist at the IEA, said following a speech at the World Energy Congress. He added "On the supply side the cheap oil era is over. The bulk of cheap oil in the industrialized countries has been exploited and what is left is deepwater offshore and the oil sands in Canada, which require higher price levels in order to be profitable".