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Geothermal Essentials
29 July 2010

Geothermal power production could increase up to more than 1 000 terawatt hours (TWh) by 2050, according to the IEA. A new IEA paper, “Geothermal Essentials”, sketches out basic facts and prospects for geothermal energy - energy generated in the Earth’s core. It also shows how geothermal can be used for generating electricity and providing direct heat for numerous applications.
For more details, click here

IEA welcomes France’s commitment to combating climate change and urges the government to pursue electricity sector reforms
26 July 2010

see press release…
see French Ministry press release…
see presentation in English…
See presentation in French…

IEA encourages Turkey to further reform its energy sector and move towards a low-carbon economy
23 July 2010

See press release…
Mr. Tanaka is pictured here with Turkey's Energy Minister Taner Yildiz.

China overtakes the United States to become world’s largest energy consumer
20 July 2010

IEA calculations based on preliminary data show that China has now overtaken the United States to become the world's largest energy user. China's rise to the top ranking was faster than expected as it was much less affected by the global financial crisis than the United States.

For those who have been following energy consumption trends closely, this does not come as a surprise. What is more important is the phenomenal growth in demand that has taken place in China over the last decade; also prospects for future growth still remain incredibly strong. Since 2000, China’s energy demand has doubled, yet on a per capita basis it is still only around one-third of the OECD average. Prospects for further growth are very strong considering the country’s low per-capita consumption level and the fact that China is the most populous nation on the planet, with more than 1.3 billion people.

China’s demand today would be even higher still if the government had not made such progress in reducing the energy intensity (the energy input per dollar of output) of its economy. It has also very quickly become one of the world’s leaders in renewable energy, particularly wind power and solar energy, and paved the way for a big expansion of nuclear power.

The worldwide implications of these new trends will be assessed in the upcoming World Energy Outlook 2010 to be released on 9 November 2010.

See graph entitled Total primary energy demand and per-capita primary energy demand in China and the United States, 1990-2009

For more, see our News Archive

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Forthcoming Publications


30 July 2010
Energy Policies of IEA Countries - Belgium
2009 Review




31 August 2010
Electricity Transmission: Getting the Best Investments




 


Latest Publications


29 July 2010
Energy Statistics of Non-OECD Countries
2010 Edition




29 July 2010
Energy Balances of Non-OECD Countries
2010 Edition



 



IEA in the Press

“Frontal21” on ZDF, 10 August 2010
The era of cheap oil is over, says IEA Chief Economist
Interviewed by the German TV ZDF for a feature on the future of oil prices, IEA Chief Economist Fatih Birol said, “The era of cheap oil is over. Each barrel oil that will come to market in the future will be much more difficult to produce and therefore more expensive. We all - governments, industry and consumers - should carefully choose the type of car we want to buy in the future and should be prepared for oil prices being much higher than several years ago”.
See video of the report (in German)…

Xinhua News, 28 July 2010
IEA calls China’s growing energy demand “legitimate”
In an interview with the Chinese news agency Xinhua, IEA Chief Economist Fatih Birol called China’s growing energy demand “legitimate and a very normal development” due to the country’s outstanding economic expansion. He made this comment after IEA calculation showed that China has overtaken the U.S. as the world’s largest energy consumer. “When we look at the economic development process of the U.S. and Europe, they also needed a lot of energy. Now it is China’s turn to grow.” Fatih Birol added that China would soon be “the world champion of renewable energy use”.

Today's Zaman, 24 July 2010
High Turkish Demand Growth Requires Investment, Energy Security Measures
Speaking in Ankara during the launch of Energy Policies of Turkey: 2009 Review, IEA Executive Director Nobuo Tanaka noted that the country’s energy use is expected to double over the next decade, while electricity demand is likely to increase even faster. “Growth at this pace requires not only large investments but also measures to ensure energy security, especially in the electricity sector,” Mr. Tanaka emphasised.

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