China electric cars reshape fuel demand and Venezuela oil flows
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...
Tag : international energy agency
Electricity consumption drives global energy demand surge in 2024
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
Emerging economies to drive 85% of global electricity demand growth
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth....
AI governance takes center stage as 61 nations sign Paris agreement
The AI Action Summit in Paris saw 61 countries commit to ethical and sustainable AI, but the US and UK declined to sign the final...
IEA report highlights growth in low-emissions hydrogen, but policies lag
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such...