International Energy Agency (IEA)

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The International Energy Agency commenced its operation in 1974 under the auspices of the Organization for Economic Co-operation and Development (OECD). The IEA is the energy forum for 26 Member countries, all from the OECD, to improve the world’s energy supply and to promote reliable databases for energy-related information. IEA member governments are committed to sharing energy information, to co-ordinating their energy policies and to co-operating in the development of rational energy programs. IEA publishes monthly reports on electricity, natural gas, prices, and the oil market. The World Energy Outlook is the IEA's most comprehensive publication, and is considerd " the world’s most authoritative source of energy market analysis and projections." See

Other IEA sources used by IFs are the publications World Energy Balance and World Energy Statistics, which contain data on the supply and consumption of coal, oil, gas, electricity, heat, renewables and waste for OECD countries and over 100 non-OECD countries. Historical tables summarise production, trade and final consumption data as well as key energy and economic indicators. See