IEA

Speaking to CNBC on Monday, the executive director of the International Energy Agency spoke about the intricacies of the energy transition and the competing challenges that will need to be balanced in the years ahead.Imaginima | E+ | Getty ImagesThe executive director of the International Energy Agency spoke of the current challenges facing global oil markets on Monday, highlighting the significant influence Chinese demand could have over the next few months.In an interview with CNBC at the World Economic Forum in Davos,…

New capacity for generating electricity from renewables such as solar, wind, and other clean energy increased to a record level worldwide in 2021. And clean energy will continue to grow in 2022, according to the Paris-based International Energy Agency (IEA). Renewables in 2022 The world added a record 295 gigawatts (GW) of new renewable power capacity in 2021, overcoming supply chain challenges, construction delays, and high raw material prices, according to the IEA’s latest Renewable Energy Market Update. Global…