IEA: electricity to rival oil in powering the world economy

Will Nichols
clock

Agency says current high carbon approach must be overhauled to ensure global shift to clean electricity

Electricity is set to rival oil as the power behind the global economy in the 21st century, but a huge decarbonisation effort will be necessary to limit emissions. That is according to a new report...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Poll: Clean energy NIMBY opposition overestimated by MPs and public

Poll: Clean energy NIMBY opposition overestimated by MPs and public

YouGov survey suggests there is far more support for local wind, solar, and pylon developments than most people think

Michael Holder
clock 27 November 2024 • 3 min read
Report: 'Patriotic' heat pumps less reliant on foreign energy than UK boilers

Report: 'Patriotic' heat pumps less reliant on foreign energy than UK boilers

UK heat pumps are far less reliant on fossil fuel imports than household gas boilers, ECIU claims

Michael Holder
clock 25 November 2024 • 4 min read
Survey: Most UK business leaders support ban on new oil and gas licenses

Survey: Most UK business leaders support ban on new oil and gas licenses

Poll finds over 70 per cent of business leaders back ban on new drilling licenses, citing benefits for investment and energy security

Michael Holder
clock 25 November 2024 • 5 min read