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Iraq Bulletin

Tag : IEA

Business

China electric cars reshape fuel demand and Venezuela oil flows

iraqbulletin.co
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International Energy Agency said China sold over 11 million electric cars in 2024, with electric models......
News

IEA says renewable energy growth to remain robust

iraqbulletin.co
Global renewable energy capacity will double by 2030, led by solar PV, despite policy shifts in the US and China impacting growth forecasts....
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Electricity consumption drives global energy demand surge in 2024

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Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
Featured News

Emerging economies to drive 85% of global electricity demand growth

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Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth....
Business

Global Commission on energy transitions focuses on fairness at G20 summit

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The Global Commission on Clean Energy, led by IEA, met at the G20 to discuss equitable, affordable transitions in energy, addressing key issues for fairer global policies....
Business

Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022

iraqbulletin.co
Global sales of heat pumps grew by 11% in 2022, according to the latest International Energy Agency (IEA) analysis, marking a second year of double-digit growth for the central technology in the world’s transition to secure and sustainable heating. Increased policy support and incentives for heat pumps in light of......