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Chart
07 Oct 2025
Annual VRE shares in generation and technical curtailment for selected countries and regions
Annual VRE shares in generation and technical curtailment for selected countries and regions REMU 2025
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Chart
09 Jun 2026
Levelised cost of industrial heat from heat pumps by country, 2025
Levelised cost of industrial heat from heat pumps by country, 2025 eu crisis commentary
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News
15 Mar 2026
Update on IEA collective action decision of 11 March 2026
…action to support oil markets in the history of the IEA, which was created in 1974. Previous collective actions were taken in 1991, 2005, 2011, and twice in 2022.The war in the Middle East is creating the largest supply disruption in the history of the global oil market. This emergency collective action, by far the largest ever, provides a significant and welcome buffer. But the most important factor in ensuring a return to stable flows is the resumption of regular transit of shipping through the Strait of Hormuz. Adequate insurance mechanisms and physical protection for shipping are key to…
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News
02 Apr 2026
Romania begins accession process towards IEA membership
Decision by IEA Members marks a major step in Romania’s engagement with the Agency and its growing role in international energy cooperation IEA Members have unanimously agreed to start the accession process for Romania to become a Member of the Agency, a key step in the country’s deepening engagement in international energy governance.The decision by the IEA Governing Board follows Romania’s formal request to join the Agency in March 2026, conveyed in a letter to IEA Executive Director Fatih Birol and co-signed by Minister of Foreign Affairs Oana-Silvia Țoiu and Minister of Energy Bogdan…
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Policy
United States
2022
Temporary EPA waiver allowing the use of E15 gasoline
In response to market supply issues caused by the war in Ukraine, the U.S. Environmental Protection Agency (EPA) issued an emergency waiver in April 2022, allowing the sale of gasoline with a 15% blend of ethanol (E15) to increase the volume of gasoline available to consumers. The waivers will be issued on a 20-day basis until circumstances change.
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Policy
Ukraine
2019
National energy efficiency goals for 2020
A relevant draft Government Order has been elaborated by the State Agency on Energy Efficiency and Energy Saving of Ukraine in cooperation with international experts, specialists from the Energy Community Secretariat within the framework of implementation of Article 3 of Directive 2012/27/EU on energy efficiency. The overall approach of the Directive, namely the reduction in final energy consumption by 20% in 2020 relative to the baseline scenario, was used when setting the goals.
The draft order defines the following indicators: the primary energy consumption should not exceed 101 316 thousand tonnes in 2020; the final energy consumption is… -
Newsletter
Apr 2026
Supporting countries in the unfolding energy crisis
…can subscribe here https://www.iea.org/the-energy-mix.
Working with leaders in Australia, Japan and beyond to navigate the unfolding energy crisis
The IEA working actively with governments around the world on the response to the widespread energy impacts of the conflict in the Middle East https://www.iea.org/topics/the-middle-east-and-global-energy-markets.
The war in the region that began on 28 February has reduced energy trade flows through the Strait of Hormuz to a trickle. This has created what amounts to “the greatest threat to global energy security in history,” according to… -
News
29 May 2026
Joint Statement by the Heads of the International Energy Agency, International Monetary Fund, World Bank Group, and World Trade Organization
…DC: The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April to maximize their institutions’ response to the energy, trade, and economic impacts of the war in the Middle East. Following the meeting, they issued the statement below:“The war in the Middle East is generating substantial and highly asymmetric impacts on energy supplies, food security, and economic activity across countries and regions. While the global economy continues to show resilience, the effects of the conflict are disproportionately…
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Event
06 May 2026
12:00
Tracking Energy Crisis Policy Responses
Background information The conflict in the Middle East has dealt a major shock to global energy markets. The near closure of the Strait of Hormuz has triggered the largest supply disruption in the history of oil markets, alongside significant impacts on supplies of natural gas and other energy-related commodities. As concerns over supply security have grown, prices have risen across several parts of the energy system, increasing pressure on household budgets, public finances, and economic activity more broadly.Many actions are being taken to bolster oil supply, including the largest-ever release of emergency oil stocks coordinated by the…
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Policy
Serbia
2006
Russian Federation - Serbia
The Russian Federation - Serbia Free Trade Agreement aims to foster economic and trade relations between the two countries by eliminating tariffs and other trade barriers. The Agreement offers tariff elimination or reduction for most goods across HS chapters 1 to 97 including, but not limited to: Electric generation equipment Mechanical equipment including pumps, appliances and other advanced machinery Electric motors, transformers, batteries and capacitors Motor vehicles Mineral ore and processed products including manganese, copper, aluminium, and nickel Various products manufactured using the above minerals and metals, such as sheets, powders, bars and plates Photovoltaic cells The Agreement also includes rules of origin and local content provisions. Goods…