Global coal demand forecast to rise by 2.6% in 2021 before flattening out to 2025 – IEA

coal-rio-tinto.jpg

A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following the major drop this year triggered by the Covid-19 crisis, according to a new report from the International Energy Agency (IEA). However, there is little sign that the world’s coal consumption is set to decline substantially in the […]

Read more

Global electricity demand to rebound modestly in 2021 after historic shock from pandemic – IEA

23391505974_a0b8edc47f_o.jpg

After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly next year, led by growth in China, India and other emerging economies, according to a new report by the International Energy Agency (IEA). The historic shock of the Covid-19 crisis is set to result in a 2% decline in global […]

Read more

Global electricity demand in 2020 to see biggest decline since mid-20th century on Covid, lower economic activity – IEA

laurel-and-michael-evans-PtjZggrb42E-unsplash-scaled.jpg

Global electricity demand in 2020 is projected to fall by around 2%, the biggest annual decline since the mid-20th century and far larger than what followed the global financial crisis, which resulted in a drop in electricity demand of 0.6% in 2009, the International Energy Agency (IEA) said. “The contraction this year is a result […]

Read more

Global oil supply faces tricky rebalancing despite output fall in Sept, says IEA

zbynek-burival-GrmwVnVSSdU-unsplash-scaled.jpg

Global oil supply fell in September as the Organization of the Petroleum Exporting Countries (OPEC) as well as allied producers improved their compliance with agreed output levels, but the market faces a tricky rebalancing due to a recent increase in covid infections, according to the International Energy Agency (IEA). “Our global demand and supply estimates (including an assumption of full […]

Read more