International Energy Agency
( UPSC Prelims)
News Context
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International Energy Agency
Genesis: Established in 1974 to ensure the security of oil supplies. Membership: Comprises 32 Member countries and 13 Association countries [India is an associate member]. To qualify as a member, a country must be part of the OECD and meet other criteria such as having accessible crude oil and/or product reserves equivalent to 90 days of the previous year's net imports, and implementing a demand restraint programme to reduce national oil consumption by up to 10%. Mission: Collaborate with governments and industry to shape a secure and sustainable energy future for all. Flagship Publications: World Energy Outlook.
Recent Reports
Global Methane Tracker 2025: Methane accounts for approximately 30% of the rise in global temperatures since the Industrial Revolution.
Delivering Sustainable Fuels: Pathways to 2035: Sustainable fuels have decreased global oil demand by about 2.5 million barrels per day in 2024.
Global EV Outlook, 2025: Over 1 in 4 cars sold globally in 2024 was electric, with China leading at nearly 50% of global EV car sales; India leads global growth in electric 3-Wheelers.