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Page added on November 14, 2012

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IEA to Publish Annual Study on Energy Efficiency Trends

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The International Energy Agency plans to publish an annual report on energy efficiency, starting next year, to bolster its efforts to promote fuel saving technologies in businesses, buildings and houses.

The IEA publishes a report each month on supply and demand in the oil market, and annual studies on other markets.

“From next year onwards, we plan an annual market report on energy efficiency,” Maria van der Hoeven, executive director of the IEA, said at a press conference in Dubai today. “So that will be the fifth one, adding to the reports we have on oil, gas, coal and renewables.”

Adopting measures to promote energy efficiency can buy the world an additional five years to seal a climate-protection deal and would amount to a low-cost “hidden fuel,” the IEA said in a Nov. 12 report. Increased energy-saving measures could cut worldwide oil demand by almost 13 million barrels a day by 2035, or the current combined output of Russia and Norway.

For now, the agency has “no plans for a monthly gas report,” Van der Hoeven said.

Bloomberg



One Comment on "IEA to Publish Annual Study on Energy Efficiency Trends"

  1. BillT on Wed, 14th Nov 2012 1:57 pm 

    The IEA is a perfect example of government waste. A good Madison Avenue advertising agency could do a better job of pushing propaganda than they do and cheaper. For a world agency paid for with scarce tax dollars from even poor countries, they have a poor record of predictions.

    The fact that they even believe that there will be a world economy to worry about oil availability in 2035 is ludicrous. Demand will be down, not from efficiency, but from the inability to purchase it due to the permanent depression.

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