A record volume of renewable energy is expected to come online in 2021, with 290 gigawatts of new capacity. That surpasses 2020’s record, when renewables accounted for all of the new electricity capacity installed worldwide.
A perfect storm of supply and demand issues have sent LNG prices soaring.
New Crisis Brings New Opportunities to Advance U.S. Manufacturing and Strengthen Its Global Presence
Meeting the decarbonization demands presented by the climate crisis will require a more advanced grid, greater diversity in power and fuel sources, and a rethinking of personal mobility.
Rich countries are using public financing to expand the construction of natural gas infrastructure in poorer countries around the world.
The gap between renewable and fossil fuel investments is closing, as the post-Paris Agreement performance of those fossil fuel investments falters.
The Biden administration's endorsement of the Vineyard Wind project might jump start the American wind energy sector.
The clean energy transition need not come at the expense of oil and gas workers.
Even as renewables are playing a larger and ever-expanding role in global electricity markets, oil still dominates the transportation sector and will continue to do so for some time, making today's upstream spending cuts worrisome.
Keisuke Sadamori, IEA's Director for Energy Markets and Security, discusses current oil market dynamics and energy security risks.
The Renewable Fuel Standard's main purpose was to reduce U.S. dependence on oil by mandating production of renewable fuel, and in that regard, it has been successful, but only marginally.