International Energy Agency (IEA)

This month, over 500 people from the tech & energy sectors, governments & civil society addressed the deepening links between energy & AI at our Global Conference in Paris Our Executive Director Fatih Birol also announced a new special report on this key topic coming Spring 2025 ➡️ https://iea.li/4iO6xdZ

Electricity use set to grow strongly to run air conditioners, EVs & data centres But geothermal offers clean power around-the-clock ⚡️ Geothermal could meet 15% of global electricity demand growth through 2050 if project costs continue to decline ➡️ https://iea.li/4iBMf72

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Interested in joining the IEA team in Paris? Our Communications & Digital Office is hiring for several roles ⬇️ ▶️ Data Visualisation Designer → https://iea.li/3VDHQ9Z ▶️ Web Developer → https://iea.li/3VC1BP6 Apply by 5 Jan!

After reaching a new high in 2024, global coal demand is set to plateau through 2027, as a surge in renewable power helps meet soaring electricity demand. But weather patterns & speed of electricity demand growth - particularly in China – are pivotal to short & medium term trends. Read more:

Conventional geothermal resources are limited to a handful of countries But new technologies are enabling projects to go deeper underground, making geothermal a possible option for almost all countries, with the right policies & streamlined permitting 👉 https://iea.li/49xe9xb

Market opportunities for next-generation geothermal energy could attract investment totalling $1 trillion by 2035 & create over a million new jobs It can also serve rising electricity demand & provide heat for industry & buildings around the world → https://iea.li/3OUBM9l

New geothermal projects can benefit greatly from an overlap in the skills & expertise of the oil & gas industry. Sharing knowledge & improving productivity could help cut the costs of next-generation geothermal energy by nearly 75%. Read more 👉 https://iea.li/49zHLdg

The world’s oil demand growth is set to remain modest next year while supply is steadily rising, led by the Americas This indicates a well-supplied market in 2025, but supply risks remain from heightened geopolitical tensions Read more ⬇️

Introducing our new AI tool for users to explore the 2024 edition of our World Energy Outlook report, developed with Microsoft. It lets anyone curious about the report’s findings to more easily dig into its data, analysis and projections. Try it today ➡️ https://iea.li/3P1OXp0