International Energy Agency @IEA
Shaping a secure & sustainable energy future. We provide data, analysis & ambitious real-world solutions on all fuels & technologies. Exec Director: @fbirol iea.org Paris, France Joined October 2009-
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Mild winter in Northern Hemisphere eases gas market fundamentals but geopolitical tensions still pose risks to outlook in 2024. Released today, our latest quarterly Gas Market Report is available in full ⬇️ iea.li/44gmkv4
Ensuring the availability of public charging keeps pace with EV sales is vital to unlock further growth Last year, public charging point installations were up 40% from 2022 To align with government pledges, charging networks must grow six-fold by 2035 👉 iea.li/3UtYlFi
Excellent meeting with former Italian Prime Minister Mario Draghi in Paris In a wide-ranging conversation, we discussed Europe’s position in global energy markets and implications for its industrial competitiveness Look forward to further exchanges on the steps Europe can take
The pace of the transition to EVs will hinge on their cost In China, more than 60% of electric cars sold in 2023 were already cheaper than conventional equivalents Competition & innovation are expected to bring down prices in other major markets 👉 iea.li/3JsmXrU
Under today’s policy settings, the uptake of EVs – including cars, vans, trucks, buses & 2/3-wheelers – is set to avoid the need for over 10 million barrels of oil a day in 2035 That's equal to all the oil demand from road transport in the US today 👉 iea.li/3vWA41s
Despite near-term challenges in some countries, the global electric car market gearing up for the next phase of growth Under today's policy settings, nearly 1 in 3 cars on China's roads by 2030 is set to be electric & almost 1 in 5 in the US & EU → iea.li/3Qc2U4E
Electric cars' growth this year builds on a record-breaking 2023, when sales soared by 35% to almost 14 million Demand was largely concentrated in China, Europe & the US, but momentum is picking up in key emerging markets such as Viet Nam & Thailand ➡️ iea.li/3WaSHZW
The #ClimateClub convened in Berlin today for the 1st strategic dialogue. Members discussed how the possible risks of ambitious climate policies, in particular carbon leakage, can be handled.
Global electric car sales are on track to grow strongly again this year, reaching about 17 million With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector More from @IEA: iea.li/3Us3ZYF
🚗 Over 3 million electric cars were sold in Q1 2024 – more than in the whole of 2020 Growth in major markets remains robust & sales are ramping up in emerging economies The @IEA Global EV Outlook 2024 charts the latest trends and future projections: ➡️ iea.org/news/the-world…
Global electric car sales are on track to grow strongly again this year, reaching about 17 million With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector Read more → iea.li/3wg0pYa
Our Global EV Outlook 2024 report includes two dynamic dashboards enabling users to dig deeper into EV trends & policies around the world. Try them out 👇 🔢 EV data explorer → iea.li/3UwUebP 📑 EV policy explorer → iea.li/3JCkkUd
🗣 “Rather than tapering off, the global EV revolution appears to be gearing up for a new phase of growth.” Our Executive Director @fbirol on the latest trends in EV markets around the world. Read more ➡️ iea.li/3UxVyLC
And we’re LIVE! 🔴 Join our Chief Energy Technology Officer @TimurGuel & me as we launch @IEA’s new Global EV Outlook 2024 report & discuss the main findings. Watch along ⬇️ iea.li/3WdZ3YC
🔴 WATCH NOW | We’re live from Paris for the launch of Global EV Outlook 2024! Explore the report → iea.li/4dkP5uO Join our Executive Director @fbirol & Chief Energy Technology Officer @TimurGuel as they discuss the key findings 👇 iea.li/4d1F2ui
This morning, we released Global EV Outlook 2024 → iea.li/3UrR4pG In 1️⃣ hour, join our Executive Director @fbirol & Chief Energy Technology Officer @TimurGuel as they launch the report & discuss the key findings. Tune in LIVE from 10:30 CEST ➡️ iea.li/3UrseWW
Global EV Outlook 2024 is out now! 🚘 It shows the world’s electric car fleet is continuing to grow strongly, despite near-term challenges in some markets. This year, global sales are set to rise to 17 million. Explore the analysis 👇 iea.li/3QdLkgC
This morning, we released Global EV Outlook 2024 👉 iea.li/3QdLkgC Don't miss this thread from our Executive Director @fbirol running through some of the key findings 👇
This morning, we released Global EV Outlook 2024 👉 iea.li/3QdLkgC Don't miss this thread from our Executive Director @fbirol running through some of the key findings 👇
@IEA For more on the key findings from @IEA’s new Global EV Outlook 2024, read the freely available report online ➡️ iea.li/3xNUUk0 And join IEA Chief Energy Technology Officer @TimurGuel & me for our LIVE launch event at 10:30 CEST ➡️ iea.li/44akP1j
Fatih Birol @fbirol
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108 Followers 76 Following Energy lawyer, runner, cyclist. Arkansan, Marylander, Washingtonian (DC). Currently in the legal team at @IEA. All views are my own.Excellent meeting with former Italian Prime Minister Mario Draghi in Paris In a wide-ranging conversation, we discussed Europe’s position in global energy markets and implications for its industrial competitiveness Look forward to further exchanges on the steps Europe can take
Today's first #ClimateClub Body of Members meeting of the year was followed by the 1st strategic dialogue of the series. Discussions focused on cooperative approaches to reducing the risks of ambitious climate policies such as carbon leakage.
The #ClimateClub convened in Berlin today for the 1st strategic dialogue. Members discussed how the possible risks of ambitious climate policies, in particular carbon leakage, can be handled.
🆕The @IEA's annual outlook report on EVs is out today❕ 🚗⚡️Check out the Global EV Data Explorer that just got updated to explore historical & projected data on EV sales, stock, charging infrastructure and oil displacement iea.org/data-and-stati…
🚨 NEW 🚨 The EV revolution is here ⚡️🚙 .. and the implications are not trivial The @IEA Global EV Outlook is out - here some of key findings - a thread🧵
Investment in electric vehicles & EV batteries is also growing With existing plants & committed investments, battery manufacturing is practically sufficient to meet 2030 deployment goals in the @IEA Net Zero Emissions scenario
🚗 Over 3 million electric cars were sold in Q1 2024 – more than in the whole of 2020 Growth in major markets remains robust & sales are ramping up in emerging economies The @IEA Global EV Outlook 2024 charts the latest trends and future projections: ➡️ iea.org/news/the-world…
What does the world need by 2030 to meet the goals already agreed to by governments at COP28? Will these goals be met? Here are four of them on @IEA's new tracker:
@IEA For more on the key findings from @IEA’s new Global EV Outlook 2024, read the freely available report online ➡️ iea.li/3xNUUk0 And join IEA Chief Energy Technology Officer @TimurGuel & me for our LIVE launch event at 10:30 CEST ➡️ iea.li/44akP1j
@IEA Alongside today’s new report, @IEA is releasing 2 detailed interactive tools allowing users to dig deeper into EV trends & policies around the globe. 🔢 Take a look at the data ➡️ iea.li/4d7HhfK 📑 Explore the policies ➡️ iea.li/3JvooFP
@IEA Making EVs more affordable is vital – as is ensuring that the availability of public charging keeps pace with sales Last year, public charging point installations were up 40% from 2022 To align with government pledges, charging networks must grow six-fold by 2035
@IEA The transition to electric cars is changing the global auto industry, and growing competition is putting downward pressure on prices. Chinese companies accounted for over half of global sales in 2023. In conventional cars, China has a much smaller market share.
@IEA It’s important to note that the pace of the EV transition will hinge on their cost In China, more than 60% of electric cars sold in 2023 were already cheaper than conventional equivalents Competition & innovation are expected to bring down prices in other major markets
@IEA Under today’s policy settings, the rapid uptake of EVs – including cars, vans, trucks, buses and 2/3-wheelers – is set to avoid the need for more than 10 million barrels of oil a day in 2035 That's equivalent to all the oil demand from road transport in the United States today
@IEA One reason for EVs' bright prospects: Manufacturers have taken huge steps to deliver on government ambitions This includes major investments in EV and battery production As a result, global capacity to produce EVs and batteries is on track to keep up with rising demand
@IEA Electric cars' growth this year builds on a record-breaking 2023, when sales soared by 35% to almost 14 million Demand was largely concentrated in China, Europe & the US, but momentum is picking up in key emerging markets such as Viet Nam & Thailand ➡️ iea.li/3xNUUk0
Global electric car sales are on track to grow strongly again this year, reaching about 17 million With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector More from @IEA: iea.li/3Us3ZYF
@AmbMaryWarlick @SEforALLorg @IEA It was indeed a pleasure meeting you @AmbMaryWarlick and I look forward to the continued partnership between @IEA and @SEforALLorg to close current energy access gaps, including those linked to clean cooking fuels and technologies.
Global #energytransition goals agreed at #COP28 – 3x RE, 2x efficiency & transitioning away from fossil fuels – must be rapidly implemented to mitigate the #climatecrisis. New @IEA & @UNFCCC tracker is a helpful tool to see where we’re accelerating & where more could be done 🌍.
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