Global energy supplies still vulnerable to shocks, warns IEA

IEA Warns of Unresolved Global Energy Security Threats

Global energy supply is still in danger of shocks, the International Energy Agency’s chief has warned ahead of a political gathering to discuss energy matters in London. The “lessons from Ukraine have not yet been fully understood,” Fatih Birol said, as quoted by the Financial Times, noting the “three golden rules” for energy security. These include diversification of energy supply, political stability to motivate long-term energy investments, a…

Global energy supplies still vulnerable to shocks, warns IEA

London summit will focus on security of supply and lessons of crisis that followed Russian invasion of Ukraine

Collaboration on IEEE and IEC standards to play a crucial role in the global energy transformation, say experts.

The International Electrotechnical Commission (IEC) and Institute of Electrical and Electronics Engineers (IEEE) play crucial roles in the global energy transformation through the establishment of standards that promote environmentally conscious practices, enhance energy efficiency and facilitate the integration of renewable energy sources. These standards encourage companies to incorporate sustainability into product development by reducing the…

Global Energy Supplies Still Vulnerable to Shocks, IEA Warns

The International Energy Agency (IEA) has issued a stark warning about the fragility of global energy security, highlighting the persistent risks of supply shocks and the need for urgent action.  Speaking ahead of a high-profile political gathering in London, IEA Chief Fatih Birol emphasized that the lessons from the Ukraine crisis remain largely unheeded, posing significant challenges to the stability of energy markets worldwide.  “Despite the…