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IEA to Publish Annual Study on Energy Efficiency Trends

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Nov. 14 (Bloomberg) -- The International Energy Agency plans to publish an annual report on energy efficiency, starting next year, to bolster its efforts to promote fuel saving technologies in businesses, buildings and houses.

The IEA publishes a report each month on supply and demand in the oil market, and annual studies on other markets.

“From next year onwards, we plan an annual market report on energy efficiency,” Maria van der Hoeven, executive director of the IEA, said at a press conference in Dubai today. “So that will be the fifth one, adding to the reports we have on oil, gas, coal and renewables.”

Adopting measures to promote energy efficiency can buy the world an additional five years to seal a climate-protection deal and would amount to a low-cost “hidden fuel,” the IEA said in a Nov. 12 report. Increased energy-saving measures could cut worldwide oil demand by almost 13 million barrels a day by 2035, or the current combined output of Russia and Norway.

For now, the agency has “no plans for a monthly gas report,” Van der Hoeven said.

To contact the reporter on this story: Ayesha Daya in Dubai at adaya1@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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