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Growth of IEA Family is milestone for global energy governance
…in international energy governance – and to expanded cooperation on critical minerals through the IEA’s Critical Minerals Security Programme https://www.iea.org/programmes/critical-minerals-security-programme.
“Under the umbrella of knowledge of the International Energy Agency, we have once again seen that international cooperation is key,” said Deputy Prime Minister Sophie Hermans of the Netherlands, who chaired the Ministerial. “Our priority is clear: secure, affordable and sustainable energy – and resilient systems that can endure in an uncertain world."
“This Ministerial Meeting, our largest ever, affirmed the immense value of the IEA at a moment when global energy demand…
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The implications of surging electricity demand
…expansion of both electricity grids and system flexibility. It also discusses measures to help ensure the affordability of electricity and the security and resilience of power systems, issues that are increasingly coming into focus for policymakers around the world.
To learn more, read the press release https://www.iea.org/news/global-electricity-demand-is-set-to-grow-strongly-to-2030-underscoring-need-for-investments-in-grids-and-flexibility and the full report https://www.iea.org/reports/electricity-2026.
Energy ministers from around the world to gather at IEA Ministerial Meeting in Paris
Energy ministers from countries around the…
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What’s driving the surge in energy jobs?
…electricity-is-here takes hold. Meanwhile, employment in fossil fuel industries also remained resilient in 2024 – with the oil and gas supply sector now having recovered most of the jobs lost during the Covid crisis in 2020.
Despite the strength of recent job creation across the energy sector, there are vulnerabilities, with companies reporting deepening shortages of skilled labour.
Out of 700 energy-related companies, unions and training institutions participating in our Energy Employment Survey, more than half reported critical hiring bottlenecks that threaten to slow the building out of energy infrastructure, delay projects and raise system costs. Electricians, pipefitters…
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Oil exports through Strait of Hormuz rise
…meet to boost energy efficiency; G7 leaders call on IEA for critical minerals security; making LPG supplies more resilient; efforts to accelerate electrification; and more...
Newsletter of the International Energy Agency
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Welcome back to the Energy Mix. In today's edition: The latest developments in oil markets; the energy outlook for Southeast Asia; Ministers from around the world gather to discuss energy efficiency; G7 looks to IEA to help strengthen critical minerals security; decision makers around the world aim to accelerate electrification; vulnerabilities in global hydrogen supply chains; the global energy landscape on…
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How the global landscape for energy investment is changing
…better understand how investment choices impact energy security, our analysis looked back over the past decade. It found that cumulative investments in efficiency, electrification, biofuels and electricity generation from renewables and nuclear together avoided over $260 billion in fuel import costs among energy importing countries and regions in 2025.
Another major trend has been the falling cost of key energy technologies, led by battery storage systems and solar PV, which have seen costs decline by nearly 80% since 2015 thanks to innovation and growing markets. If the costs of technologies across the energy system had remained where they stood a…
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The mega batteries transforming power systems
…face multi-year delays in securing grid connection and permitting. Projects can also have uncertain or volatile revenue streams, and they may struggle to access affordable financing. In this context, greater efforts to reduce market barriers and address integration challenges are needed to unlock the full potential of this technology.
At the same time, much of the world’s battery supply chains are concentrated in China. Such high geographic concentration creates considerable risks in terms of supply security, given the growing role batteries play across energy systems and the wider economy, calling for greater efforts to diversify supply chains and...
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Tackling rare earth supply risks
…defence systems. Demand for rare earths has grown sharply in recent years, mostly due to the growing deployment across sectors of high-performance permanent magnets.
Yet the production of rare earths is hugely concentrated geographically – including for neodymium, praseodymium, dysprosium and terbium, which are used in these magnets. Today, China accounts for around 60% of global mined production of these elements – and its share of refining for them is above 90%. The country also accounts for almost 95% of permanent magnet production.
When a single country controls the supply chain for a fuel, material or technology, it creates significant energy…
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7 certainties about energy for this age of uncertainty
…the multiplication of energy security risks to leaders at the World Economic Forum in Davos; IEA to host the Mission Innovation Secretariat at our HQ; the world’s oil supply enters 2026 with a large surplus; how the global LNG wave is set to affect natural gas markets this year; our Executive Director meets with the King and Prime Minister of Sweden; how to meet India's fast-growing demand for electricity; investment in next-generation geothermal is surging; new podcast episodes; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.…
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Contending with the effects of the energy crisis
…Germany's Minister of Economic Affairs and Energy Katherina Reiche to discuss the latest developments in oil and gas markets, including the availability of refined products in Europe and internationally. And he met with https://x.com/fbirol/status/2047259183498789047?s=20 Germany’s Environment, Nature Conservation and Nuclear Safety Minister Carsten Schneider on the impacts of the Middle East conflict and the outlook for different fuels and technologies.
While in Berlin, our Executive Director addressed the high-level segment of the Petersberg Climate Dialogue, which was led by Chancellor Merz. Dr Birol’s remarks focused on the current energy crisis…
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IEA responding to major global energy security threat
… and more ...
Newsletter of the International Energy Agency
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Welcome back to the Energy Mix. In today's edition: The latest on the energy crisis stemming from the Middle East conflict and our emergency oil stock release; 10 options to ease price pressures on consumers; assessing the impacts on oil markets; a new podcast episode putting the stock release in context; Romania’s formal request to join the IEA; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.
The IEA’s unprecedented response to historic disruptions…