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International Energy Agency
International Energy Agency (IEA)An organization committed to energy policies around the world. The goal is to ensure a cost-effective and dependable renewable energy system for a country’s citizens through their commitment to energy security, economic development, and environmental protection.International Energy Agency
International Energy AgencyAlso called the IEA. An international organization under the OECD that promotes energy security, economic development and environmental protection among member states. It was established to prevent or at least reduce energy crises caused by disruptions in the oil market. As such, it requires member states to maintain oil reserves containing at least 90 days' worth of the previous year's net import of oil. The IEA also provides energy advisory services to both members and non-members. It was established in 1974 and is based in Paris.AcronymsSeeIEA |