The International Energy Agency (IEA) has been in the news recently for its reports highlighting the uneven growth and challenges in the electric vehicle market, as well as its efforts to combat accusations of underestimating growth projections. Additionally, the IEA has drawn attention to the significant methane emissions from fossil fuel production and the obstacles facing renewable energy, such as organized opposition and grid connectivity issues. Furthermore, the agency's predictions on peak oil production and global energy demand have sparked discussions on the future of the energy sector.
Established in 1974 as an autonomous intergovernmental organization within the framework of the Organisation for Economic Co-operation and Development (OECD), the IEA is headquartered in Paris, France. It serves as a leading authority on global energy policy, conducting research, providing data and analysis, and offering policy recommendations to promote secure, affordable, and sustainable energy for its member countries. The IEA's work encompasses a wide range of energy-related issues, including oil, gas, coal, renewables, energy efficiency, and climate change, making it a key player in shaping the energy landscape on a global scale.
