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125 million electric vehicles expected by 2030

The number of electric vehicles (EVs) on the road worldwide is forecasted to reach 125 million by 2030, according to the International Energy Agency (IEA), which put the total car count at about 2 billion by 2040. Estimates for 2017 showed the EV count at 3.1 million, an increase of 54%.A report by Read More...

IEA Outlines Net-Zero Pathway, but Challenges Remain

A pathway to achieving net-zero emissions in the world by 2050 is clear, but current climate pledges and progress being made will not be enough as it currently stands.That’s according to Net Zero by 2050: a Roadmap for the Global Energy Sector, released May 18 by the International Energy Agenc Read More...

IEA Predicts Rapid Renewables Growth Alongside Global Electricity Demand

New renewables demand is expected to grow rapidly between 2022 and 2024, but further policy action will be crucial in getting power sector emissions to a level in line with a 2050 net-zero scenario, the International Energy Agency found in a new report.IEA’s January 2022 Electricity Market Rep Read More...

Renewables Predicted to Surpass Coal Thanks to Global Energy Crisis

Global renewable energy capacity installation is expected to nearly double in the next five years and surpass coal due to the ongoing energy crisis.The new Renewables 2022 report from the International Energy Agency found that the concerns around energy security prompted by Russia’s invasion o Read More...

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