Intergovernmental energy agency
Appears in 19 stories · Last updated Nov 8, 2026
Warned of a possible 2027 surplus and estimated Saudi September output
Seven OPEC+ countries left December production targets unchanged on November 1, the third straight month without an adjustment. The targets sit above what several members actually pump because the Iran war has disrupted Gulf exports.
Updated 3 days ago
Said in its October 2026 report that global oil inventories fell 509 million barrels between February and September
Refineries worldwide ran 4.8 million barrels a day less crude in the second quarter of 2026 than in the first, a 6% drop, after fighting in the Middle East closed the Strait of Hormuz in late February. Third-quarter throughput recovered 1.8 million barrels a day but stayed about 5% below the same period of 2025.
Primary authority on global energy statistics and forecasting
In 2004, the world installed one gigawatt (GW) of solar power in a year. By 2025, that amount went online every single day. Global renewable capacity passed 5,000 GW by year-end, and Science Magazine named the surge its 2025 Breakthrough of the Year. Coal still generated 34% of global electricity in 2025, the International Energy Agency said; renewables accounted for 49.5% of installed capacity., and U.S. renewables supplied a record 25.7% of electricity in 2025.
Updated Oct 31
Raised its 2026 electric-car sales forecast after record quarterly sales in several markets
Gasoline-only cars fell to 49% of global new-vehicle sales in the first half of 2026, the first time on record they have been below half. The share was 73% as recently as 2021.
Updated Oct 30
Source of grid data underpinning the launch
More than 2,500 gigawatts of renewable and storage projects worldwide are waiting for a grid connection, nearly twice the generating capacity of the United States. The UN's Global Grids Accelerator, launched on September 23, is meant to turn government grid plans in Africa and Southeast Asia into projects that can be financed and built.
Updated Oct 27
Tracked the decline in Russian diesel output
The first Russian diesel cargo under Trump's deal is at sea. The tanker Agioi Fanendes left Primorsk on October 22 with about 40,000 metric tons, roughly 298,000 barrels, and lists New York as its destination, with arrival expected in early November.
Monitoring and reporting on Ukraine's energy crisis
The energy war continued through 2026. In February, Russia launched repeated strikes on Ukraine's grid ahead of peace talks, cutting power to millions. In October, a U.S.-brokered energy ceasefire collapsed after Moscow struck Ukrainian energy sites, ignoring the pause Trump announced. Ukraine responded by hitting the Ryazan oil refinery, its first strike on Russian energy infrastructure since the truce.
Updated Oct 26
Coordinating emergency diesel releases; warns tightness into 2027
Diesel averaged $6.31 a gallon on October 21, down from the record near $6.52 set in late September but still above $6 since September 10, according to AAA. The price is about 68% higher than the $3.76 average on February 28, when the US and Israel attacked Iran.
Updated Oct 24
Agreed October 15 to complete the emergency release, frontloading over 20 million barrels of diesel
Germany's emergency release regulation took effect on October 22, 20 days after the G7 set that as the deadline for frontloaded diesel. Its first tender surfaced a day later. The economy ministry told n-tv on October 23 that 6 million barrels had been released, leaving 13.5 million outstanding.
Published Electricity 2026 and Energy Technology Perspectives 2026, tracking clean power's advance and cost parity
Renewables drew level with coal globally in 2025 and are now overtaking it, according to the International Energy Agency's February 2026 Electricity report. Renewables and nuclear combined are forecast to reach 50% of global electricity by 2030, up from 42% today.
Updated Oct 23
Coordinated the March 2026 collective release; members agreed in October to finish deliveries faster
The Strategic Petroleum Reserve held 282.7 million barrels on October 16, the lowest since 1982 and 30.8 percent below a year earlier, according to Energy Information Administration data. It has lost about a third of its volume since the March release began.
Updated Oct 22
Forecasts global electricity generation trends to 2030
In April 2025, solar panels generated more electricity in a single month than the world's nuclear reactors — the first time in history. Wind had crossed that line a month earlier.
Updated Oct 17
As of September 2026: Publishing the forecast that documents record coal demand
In December, the International Energy Agency projected the world would burn slightly less coal this year. Now it expects a record 8.94 billion tonnes, up 1.2%: the war with Iran has cut LNG shipments through the Strait of Hormuz, making coal the cheaper option for power generators.
Updated Sep 12
As of September 2026: Coordinating record oil reserve release to stabilize markets
The US-Israeli war on Iran began February 28 and displaced up to 3.2 million people inside the country in two weeks, per the UN refugee agency.
Updated Sep 4
As of May 2026: Lead author of the Tracking SDG7 progress report
In 2000, 1.35 billion people lived without electricity. By May 2026, that count has fallen to roughly 675 million. The drop works out to about 334,000 new connections every day, sustained for a quarter century.
Updated May 31
As of May 2026: Publisher of the World Energy Investment 2026 report
The International Energy Agency expects global energy spending to reach $3.4 trillion this year, with about $2.2 trillion flowing to clean power, grids, storage, and electrification. Oil spending falls below $500 billion for the third consecutive year. Gas investment hits a 10-year high at $330 billion, driven by LNG expansion in the US and Qatar.
Updated May 29
As of May 2026: Warning of structural oversupply
Brent crude averaged $80 per barrel in 2024. The U.S. Energy Information Administration now forecasts it will fall to $58 in 2026 and $53 in 2027—a decline of more than one-third in three years. The reason: global oil production is growing faster than demand, and inventories are piling up at a rate not seen since the pandemic.
Updated May 27
As of May 2026: Global energy policy advisor
China's CO2 emissions fell 1% in the first half of 2025, extending an 18-month plateau that began in March 2024. For the first time, clean power generation—not economic slowdown—has driven emissions down in the world's largest polluter. The peak may finally be structural rather than cyclical.
Updated May 19
As of May 2026: Providing global baseline projections for AI- and data center-driven electricity demand
Since late 2022, U.S. regulators and utilities have warned that AI-optimized data centers could reshape national power demand, ending an era of flat electricity consumption and forcing rapid buildout of generation and transmission. By early 2026, those warnings have crystallized into concrete challenges. PJM Interconnection's December 2025 capacity auction hit the $333.44/MW-day price cap and failed to meet reliability requirements for the first time in its history. Data centers accounted for $6.5 billion—or 40%—of the auction's $16.4 billion in costs.
Updated May 10
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