IEA: Oil demand growth set to slow to a halt by 2030

Michael Holder
clock • 5 min read
An oil refinery in the US | Credit: iStock
Image:

An oil refinery in the US | Credit: iStock

Demand for clean technologies and progress on energy efficiency expected to offset growing demand for oil across Asia, International Energy Agency predicts

Growth in demand for oil is set to slow in the coming years, as the roll out of clean technologies and energy efficiency efforts increasingly offsets rising demand for the fossil fuel from Asian markets...

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

'We're raising the alarm': IRENA warns £1.5tr a year of investment needed to meet global renewables goal

'We're raising the alarm': IRENA warns £1.5tr a year of investment needed to meet global renewables goal

Latest analysis from International Renewable Energy Agency highlights how an increase in clean energy investment is required in the coming years

Michael Holder
clock 11 October 2024 • 5 min read
BusinessGreen Intelligence Whitepaper: How to participate in the PPA boom

BusinessGreen Intelligence Whitepaper: How to participate in the PPA boom

Exclusively available to all BusinessGreen Intelligence members, our latest whitepaper explores how more firms can learn from the corporates making PPAs pay

clock 10 October 2024 • 1 min read
Labour confirms revenue support scheme for long duration energy storage projects

Labour confirms revenue support scheme for long duration energy storage projects

Cap and floor scheme designed to turbocharge investment in capital intensive energy storage projects that are critical to Labour's 2030 clean power mission

Cecilia Keating
clock 10 October 2024 • 3 min read