Energy
‘We are ringing the alarm’ – IEA chief Fatih Birol on a new energy paradigm
In an exclusive interview with the Business Post, Birol revealed that countries may be required to stockpile critical minerals under new security arrangements
Fatih Birol has some good news and some bad news about the clean energy transition.
The Turkish-born executive director of the International Energy Agency (IEA), the world’s foremost intergovernmental energy organisation, believes the transition is moving “faster than many people realise”.
“More than 80 per cent of all new power plants built in 2023 were renewables. About 5 per cent were nuclear and only 15 per cent were fossil fuels. So there is a major ...