Energy technologies mapped out
Much bolder policy decisions are needed if technology is to help us reach our climate goals, says the IEA
Strong political support and the right market conditions will be needed to drive technological development and improve global access to electricity, the International Energy Agency (IEA) says. In its latest Energy Technology Perspectives (ETP) 2017 report, which outlines how technology and other trends will reshape the global energy sector in the next four decades, it says we need to be investing in stronger and smarter infrastructure. This includes transmission capacity, storage capacity and demand-side management technologies to build efficient, low-carbon, integrated, flexible and robust energy systems. However, existing government policies are not supportive enough to achieve long-term g
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5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
