On Tuesday, we released Global EV Outlook 2024. Join the lead authors as they discuss the report's key findings our upcoming webinars.

Register now ⬇️

▶️ 25 Apr at 16:30 CEST: iea.li/3WfGMue
▶️ 26 Apr at 9:30 CEST: iea.li/3JA3Jk7

This morning, we released our new Special Report on Batteries & Secure Energy Transitions!

Don't miss this thread from our Executive Director Fatih Birol running through some of the key findings 👇

We’re LIVE 🔴 from the launch of International Energy Agency’s new Special Report on Batteries & Secure Energy Transitions!

I’ll join lead authors Laura Cozzi & Brent Wanner to discuss the main findings.

Watch along ⬇️ iea.li/3QGbTeT

🔴 WATCH NOW | We’re LIVE from the launch of our Batteries & Secure Energy Transitions report!

The analysis: iea.li/49RGlJu

Follow along as IEA Executive Director Fatih Birol & lead authors Laura Cozzi & Brent Wanner discuss the key findings 👇 iea.li/3QgpWHu

This morning, we published a new report on Batteries & Secure Energy Transitions 👉 iea.li/4aKrGB8

In just 1️⃣ hour, join IEA’s Fatih Birol, Laura Cozzi & Brent Wanner as they discuss the main findings

Watch along LIVE from 11:00 CEST 👉 iea.li/4aKrH8a

An expected sharp fall in battery costs for energy storage in coming years will accelerate the shift to renewable energy from fossil fuels, the International Energy Agency said reut.rs/4aUAIvt

Batteries and Secure Energy Transitions is out today ! International Energy Agency

Free to download, it covers the whole battery ecosystem, manufacturing to uses in power and EVs in pursuit of #COP28 goals on:
#renewables
#energyefficiency
& transition away from #fossilfuels

iea.org/reports/batter…

We just released a new Special Report on Batteries & Secure Energy Transitions!

It shows a rapid expansion of batteries will be crucial to delivering on the climate & energy security targets adopted at COP28.

Explore the analysis 👇 iea.li/3xRNxbm

To learn more about International Energy Agency’s new Special Report on Batteries & Secure Energy Transitions, read the full report, available online → iea.li/3Jz7WEx

And join Laura Cozzi, Brent Wanner & me for the LIVE launch event from 11:00 CEST → iea.li/49Tolyk

International Energy Agency Ensuring sufficient critical mineral supplies will be key to scaling up batteries quickly

New supply investments & demand-side measures could help address these issues

Recycling, size adjustments & innovation in battery chemistries could cut mineral consumption by 25% in 2030

International Energy Agency Battery manufacturing capacity has more than tripled in the last 3 years

And completing all announced projects would be sufficient to meet demand to 2030 in a 1.5C-aligned pathway

But manufacturing remains too concentrated in only a few countries, creating supply chains risks

International Energy Agency Reaching energy & climate targets hinges on whether batteries scale up fast enough

More than half the job that we need to do on cutting emissions will rely on batteries

Energy storage, led by batteries, will need to increase sixfold by 2030 to help meet the goals set at COP28

International Energy Agency Batteries are a game-changer:

Today, utility-scale batteries paired with solar PV are already competitive with new coal plants in some countries like India

In just the next few years, batteries + solar will be cheaper than new natural gas plants in the US & new coal in China

International Energy Agency Thanks to the rapid decline of battery costs – 90% since 2010 – they're speeding up opportunities to cut emissions in road transport & electricity

In 2023:

Electric car sales rose to a record of almost 14 million

Battery storage deployment in the power sector more than doubled

International Energy Agency Batteries aren't just for powering your smartphone

In 2016, the energy sector accounted for around 50% of global demand for batteries, about the same share as electronic devices

By 2023, energy's share had risen above 90% - in a market 10 times the size: iea.li/3Jz7WEx

Batteries are a vital part of the energy transition. Here's why:

- They're the fastest growing clean technology on the market

- They help meet climate goals & ensure energy security

- They bring down emissions in power & transport

International Energy Agency's new report ➡️ iea.li/3QmAogL

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