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IEA says wind power will cater 18% of global electricity needs by 2050

2013-12-02 01:00:00| Power Technology

The International Energy Agency (IEA) has set a target of up to 18% share of global electricity from wind power or up to 2,800GW by 2050 from the current 2.5%; the new target is estimated to curb CO2 emissions of up to 4.8Gt annually.

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IEA says wind power will cater 18% of global electricity needs by 2050

2013-12-02 01:00:00| Power Technology

The International Energy Agency (IEA) has set a target of up to 18% share of global electricity from wind power or up to 2,800GW by 2050 from the current 2.5%; the new target is estimated to curb CO2 emissions of up to 4.8Gt annually.

Tags: power global wind electricity

 
 

Canada: Oil sands not a major source of climate change, says IEA economist

2013-11-18 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Alberta's oil sands producers have received some timely support from the International Energy Agency, with the industry - and indeed the Canadian government - facing increasing condemnation over the failure to rein in greenhouse gas emissions. As the United Nations climate summit continues in Warsaw this week, the IEA chief economist Fatih Birol played down the oil sands' contribution to global warming, and said the long-term challenge is to access the energy-hungry markets of Asia while slowing...

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IEA: Tar sands export pipelines needed for Canada's oil to boom

2013-11-15 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: Growth in the Canadian oil sands industry will depend on the construction of major new pipelines, including the disputed Keystone XL across the United States, according to a report by a prominent energy institute. The faster new pipelines are approved, the more rapid the increase in tar sands production over the next two decades, the International Energy Agency said in its annual World Energy Outlook [3], released on Nov. 12. Accelerated growth would mean a surge in global greenhouse gas emissions,...

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For IEA, shale has no long-term impact on oil price: Kemp

2013-11-14 03:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Shale will not significantly boost oil production or bring down prices in the long term, according to the International Energy Agency (IEA). The surprising findings are contained in the latest version of the agency's annual World Energy Outlook (WEO). Worldwide production of light tight oil (LTO) from shale and other formations requiring fracking is expected to grow from 2.0 million barrels per day in 2012 to just 5.8 million bpd by 2030, before declining slightly to 5.6 million bpd in 2035....

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