International Energy Agency (IEA)

Context

The International Energy Agency (IEA), founded in 1974 after the 1973 oil crisis, has evolved from oil security to a broad agenda covering energy security, economic development, clean energy transition, and climate goals. India, as an Association Country since 2017, collaborates actively but is not a full member.

About the IEA

  • Established: 1974, within the framework of OECD.
  • Headquarters: Paris, France.
  • Members: 31 (mostly OECD nations like the US, UK, Japan, Germany, France).
  • Executive Director: Fatih Birol (since 2015).
  • India’s Status: Association country (not a full member).

Functions of the IEA

  1. Energy Security
    • Members hold 90 days’ worth of net oil imports as strategic reserves.
    • Coordinates collective response to oil supply disruptions.
  2. Data & Analysis
    • Publishes reports: World Energy Outlook (WEO), Global Energy Review.
    • Collects energy statistics (oil, gas, coal, electricity, renewables).
  3. Policy Guidance
    • Advises governments on sustainable, affordable, reliable energy policies.
    • Provides models for energy transitions and decarbonisation pathways.
  4. Climate & Clean Energy
    • Focuses on renewables, hydrogen, carbon capture, electrification.
    • Monitors progress towards Net Zero by 2050.

India and the IEA

  • Association Country since 2017.
  • Collaborates in:
    • Energy security & oil reserves.
    • Renewable energy & grid management.
    • Energy transition pathways & climate policies.
  • India’s push: Calls for reform of IEA to reflect the interests of emerging economies & Global South.

Mains Practice Question

“The International Energy Agency has evolved from a post-oil crisis response body into a central pillar of global energy governance. Critically examine its role in global energy transition, with special reference to India’s interests.” (GS-II / GS-III)

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