IEA launches Global Observatory on energy sector resilience in Paris
The International Energy Agency launched the Global Observatory on Energy Sector Resilience on Tuesday in Paris, presenting it as a first-of-its-kind hub for data and analysis on exposure across the energy sector. The IEA said the platform is meant to help governments and industry understand where energy infrastructure is vulnerable to risks ranging from natural hazards to malicious attacks, and what steps can reduce disruption. The observatory was launched in support of the COP31 Presidency's 35-by-35 Global Electrification Pledge. Its first instalment focuses on strengthening power system resilience as electrification expands, with the IEA framing resilience and security as a... [Continue Reading]
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COP31 as IEA chief urges faster electrification amid Hormuz risk and winter fuel strain
International Energy Agency chief Fatih Birol has used COP31 in Antalya to press governments to speed up electrification, arguing that electricity should account for 35% of final energy consumption by 2035. In an interview, he said the shift would strengthen energy sovereignty, particularly in Europe, which remains exposed to global energy market volatility. His comments came as the summit in Turkey continues to focus on the balance between climate policy and energy security.Birol warned that a prolonged closure of the Strait of Hormuz would have major implications for Europe and the wider global economy. He said the European Commission estimates... [Continue Reading]
South Carolina elects Democratic senator for first time in almost three decades
Democrat Annie Andrews is projected to have won South Carolina's Senate race, in what would be the party's first victory in the state in 28 years. The former paediatrician was on course to defeat Republican candidate Darline Graham in Tuesday's midterm elections, according to projections cited by the BBC's US partner CBS. If confirmed, the result would mark a significant political shift in a state that has been firmly Republican in recent federal elections.Graham was appointed to the seat in July after the sudden death of her brother, Senator Lindsey Graham, and entered the race with the backing of President... [Continue Reading]