International Energy Agency


International Energy Agency

The International Energy Agency (IEA, or "AIE" in Romance languages) is a Paris-based intergovernmental organization founded by the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the oil crisis. The IEA was initially dedicated to preventing disruptions in the supply of oil, as well as acting as an information source on statistics about the international oil market and other energy sectors. Recently, they have expanded their mandate to include energy security, economic development, and environmental protection. [cite web
title = IEA Energy Scenarios, Interview with Dolf Gielen, Co-author of the IEA Energy Technology Perspectives
publisher = Allianz Knowledge
url = http://knowledge.allianz.com/en/globalissues/climate_change/climate_solutions/iea_gielen_climate_energy_technology_perspectives.html
format = HTML
accessdate = 2008-07-03
] The latter has focused on mitigating climate change. [cite web
title = Environment
publisher = OECD/IEA
url = http://www.iea.org/Textbase/subjectqueries/keyresult.asp?KEYWORD_ID=4139
format = HTML
accessdate = 2007-12-23
] They have a role in promoting and developing alternate energy sources, rational energy policies, and multinational energy technology co-operation. Until recently, it did not study nuclear power in detail, except as a contribution to the overall energy balance and economy. Nuclear power is also covered by the Nuclear Energy Agency of the OECD and the International Atomic Energy Agency of the United Nations.

IEA member countries are required to maintain total oil stock levels equivalent to at least 90 days of net imports. At the end of June 2007, IEA member countries held a combined stockpile of almost 4.1 billion barrels of oil, 1.5 billion of which governments control for emergency use. Almost 1.6 billion barrels were held in the form of petrol products which need no further processing.cite web
title = IEA Response System for Oil Supply Emergencies
publisher = OECD/IEA
url = http://www.iea.org/textbase/nppdf/free/2007/fs_response_system.pdf
format = PDF
dare = 2007
accessdate = 2008-01-05
]

The Executive Director of the IEA is Nobuo Tanaka.

Intervention history

*In 1991 Gulf War.
*In 2005 the IEA released two million barrels a day for a month after Hurricane Katrina affected USA production.
*On August 29 2008 the IEA announced that if Hurricane Gustav caused major damage to gulf oil and gas equipment, strategic reserves would be released. [http://www.ft.com/cms/s/0/c87c4b32-7561-11dd-ab30-0000779fd18c.html]

Member States

Only OECD member countries can become members of the IEA.

On 7 March 2007, the IEA invited Slovakia to become member of the IEA. To become a member, Slovakia had to complete the internal procedures to accede to the Agreement on an International Energy Program (I.E.P. Agreement), which is the IEA's founding document. This has been successfully accomplished and Slovakia became a member on 30 November, 2007 and
Poland joined the IEA on 25 September 2008. Remaining OECD members Iceland and Mexico are not members of the IEA.

IPEEC

At the Heiligendamm Summit in June 2007, the G8 acknowledged an EU proposal for an international initiative on energy efficiency tabled in March 2007, and agreed to explore, together with the International Energy Agency, the most effective means to promote energy efficiency internationally. A year later, on 8 June 2008, the G8 countries, China, India, South Korea and the European Community decided to establish the International Partnership for Energy Efficiency Cooperation, at the Energy Ministerial meeting hosted by Japan in the frame of the 2008 G8 Presidency, in Aomori. [ [http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/08/380&format=HTML&aged=0&language=EN&guiLanguage=e Rapid - Press Releases - EUROPA ] ]

ee also

*SolarPACES
*IEA Solar Heating & Cooling Implementing Agreement - Task 13 (Solar Low Energy Buildings)
*
* [http://iea-hia-annex18.sharepointsite.net/Public IEA- Annex 18]

*International Electrotechnical Commission
*One Watt Initiative
*World Energy Outlook
*Organization of the Petroleum Exporting Countries
*Renewable Energy Policy Network(REN21)

References

External links

* [http://www.iea.org/ International Energy Agency]
* [http://www.iea.org/Textbase/about/apendx4.pdf Decision establishing an International Energy Agency]
* [http://www.worldenergyoutlook.org World Energy Outlook]
* [http://efficiency.iea.org IEA's Database of Energy Efficiency Policies and Measures]
* [http://climate.iea.org IEA's Database of Climate Change Policies and Measures]
* [http://www.ecbcs.org IEA Energy Conservation in Buildings and Community Systems Programme (ECBCS)]


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