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World Energy Outlook 2022 Outlook for gaseous fuels
Global demand for natural gas held up better than demand for other fossil fuels during the first year of the Covid-19 pandemic, and then increased by 5% in 2021, double its average growth rate over the past decade. A dearth of new projects, weather-related increases in demand, LNG outages and reduced Russian exports tightened the global gas supply balance from mid-2021 and put upward pressure on prices, especially in Europe where the Title Transfer Facility (TTF) benchmark rose from less than USD 10 per million British thermal units (MBtu) in the first-half of 2021 to over 30 USD…
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Agnès Pannier-Runacher
Minister of Energy Transition.
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Francesco Mattion
Former Energy Data Officer.
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Aditya Mittal
CEO, ArcelorMittal.
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Shobhan Dhir
Critical Minerals Analyst.
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Artificial Intelligence
Artificial intelligence (AI) is emerging as one of the most consequential technologies of our time. In recent years, the capabilities of AI systems have grown quickly due to improved computing power, a boom in data availability and breakthroughs in the design of AI models, leading to rapid adoption by both businesses and individuals. Though significant uncertainties remain, AI has the potential to transform the energy sector in the coming decade. It is set to drive a surge in electricity demand from data centres around the world while also unlocking significant opportunities to cut costs, enhance competitiveness and reduce emissions.To…
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Coal Mid-Year Update 2025 Prices
In the last 12 months, all major coal price indices declined The global coal market has undergone a gradual normalisation since the peak of the 2022 energy crisis, when thermal coal prices soared above USD 400 per tonne across multiple benchmarks. This extraordinary price spike briefly saw thermal coal trading at a premium to coking coal.By 2023, as energy markets broadly recalibrated, coal prices began to ease. The traditional pricing hierarchy reasserted itself, with coking coal once again priced above thermal coal. This shift reflected a normalisation of market conditions, improving supply-demand balances. Notably, tight coking coal supply from…
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Pascal Laffont
Chief Legal Counsel. Pascal Laffont took up his duties as Chief Legal Counsel and Secretary to the IEA Governing Board, in June 2012. His previous post was in Doha for the Government of Qatar (2010-2012). Before that, he served in the Energy Charter, Brussels (2001-2010). He started his professional life in legal private practice in London and Hong Kong (1996-2001). He qualified as a lawyer in France and England and is admitted to practise law in England and Hong Kong. Pascal Laffont is a Senior Executive Fellow, Kennedy School of Government, Harvard University.
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Energy and AI Executive summary
The transformative potential of AI depends on energy There has been a step change in the capabilities of artificial intelligence (AI), driven by falling computation costs, a surge in data availability and technical breakthroughs. AI is the science of making machines capable of learning to perform tasks that traditionally required human intelligence. AI is emerging as a general-purpose technology, much like electricity. Today, it can generate text and videos, accelerate scientific discovery in fields like medicine or materials science, make manufacturing robots smarter and more productive, drive commercial taxis in complex city landscapes, and detect threats to critical infrastructure…
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Powering Ireland’s Energy Future Executive summary
Ireland faces strategic choices to align its energy, climate and socio-economic goals through 2035 Over the next decade, decision makers in Ireland will need to balance a range of trends and policy ambitions that have strong implications for the power sector. Ireland has set a range of policy goals spanning the next decade, from improving energy security by reducing its reliance on imported fossil fuels, to meeting its climate targets, expanding its housing stock, and supporting the growth of digital infrastructure such as data centres. These ambitions all have strong links to the country's power sector, with implications…
