Markets alone will not ensure secure a reliable supply of key materials needed for high-tech industries, says IEA chief Fatih Birol
China is the biggest refiner for 19 out of 20 metals analysed by the International Energy Agency
The soaring cost of electricity has been the focus of debates ahead of May’s vote
London summit will focus on security of supply and lessons of crisis that followed Russian invasion of Ukraine
Higher temperatures and rising incomes could boost power demand coming from home cooling units by 280% by 2050
Also in this newsletter: 20 EU member states call for deregulation
Brent has fallen below $70 for first time in 3 years, delaying Opec plans for production increases
The International Energy Agency forecasts that the world will reach peak oil in 2029. Oil companies accuse it of playing climate politics
Intervention comes as EU leaders prepare to debate bloc’s economic competitiveness
Also in today’s newsletter, new data on EU carbon emissions
Powerful economic and technological factors are driving the shift to clean energy
Risks stemming from over-investment in fossil fuels have ‘evolved’, says energy watchdog
Governments need to step up clean energy supply to avoid shortages and price jumps, agency warns
But the decline in oil, gas and coal will not be steep enough to limit global warming to 1.5C
Global demand for oil, natural gas and coal expected to peak before end of 2030
Fatih Birol hopeful about 1.5C goal as clean energy spending forecast to hit $1.7tn this year
Investment in new large-scale fossil fuel projects is now a risky proposition
Fatih Birol says continent has benefited from mild winter but has ‘much more to do’ to diversify supplies
Renewable energy forecast to become largest source of electricity generation as soon as 2025
The energy crisis, along with steps taken by the US, China and others, poses a significant challenge
World is approaching a ‘pivotal moment’ and ‘golden age of gas’ is coming to an end
Fatih Birol says a continental scramble for winter fuel supplies would unleash a ‘wild west scenario’
Russia is not winning the battle for supplies nor disrupting efforts on climate change and clean power
Fatih Birol says governments should keep ageing nuclear plants open and take other contingency measures
Focus on renewables and natural gas would charge up continent’s economic development, says Fatih Birol
