<span style="color: #222222;">The International Energy Agency, IEA, has said that energy crisis triggered by Russia-Ukraine conflict could transform the global energy landscape for decades and accelerate the transition to renewable energy.<br />''<br />''In its latest annual World Energy Outlook reports, the IEA said that the energy crisis was causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system.<br />''<br />''The IEA executive director Fatih Birol in a statement said that energy markets and policies have changed as a result of Russia-Ukraine conflict, not only for the time being, but for decades to come.<br />''<br />''He said, the energy world is shifting dramatically. Mr. Birol said that governments' responses around the world promise to make this a historic and definitive turning point towards a cleaner, more affordable and more secure energy system.<br />''<br />''According to IEA's forecast, investments into renewable energy will increase by 50 percent to 2 trillion dollar per year by 2030.</span><br />
News On AIR | October 27, 2022 2:00 PM
Energy crisis can accelerate green transition: IEA