Fatih Birol photograph

Fatih Birol

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Gender Male
Age 66
Date of birth March 22,1958
Zodiac sign Aries
Born Ankara
Job Economist
Education Vienna University of Technology
Istanbul Technical University
BooksA Bright Future
NationalityTurkish
Movies/Shows The Fourth Revolution: Energy
Deputi Mary Burce Warlick
Date of Reg.
Date of Upd.
ID1460305
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Fatih Birol Life story


Fatih Birol is a Turkish economist and energy expert, who has served as the executive director of the International Energy Agency since 1 September 2015.

COP28: Huge rise in oil drilling expected from hosts UAE

COP28: Huge rise in oil drilling expected from hosts UAE
Dec 1,2023 7:11 pm

... Fatih Birol, the head of the International Energy Agency, said Adnoc s expansion was not compatible with keeping global temperatures below dangerous thresholds...

COP28 ‘moment of truth' for oil industry, says energy boss

COP28 ‘moment of truth' for oil industry, says energy boss
Nov 22,2023 11:11 pm

... Dr Fatih Birol was speaking as global energy watchdog the IEA issued a new report on the future of fossil fuels...

World shift to clean energy is unstoppable, IEA report says

World shift to clean energy is unstoppable, IEA report says
Oct 24,2023 12:21 am

... It s not a question of if , it s just a matter of how soon - and the sooner the better for all of us, " said International Energy Agency (IEA) Executive Director Fatih Birol...

Oil giant Shell warns cutting production ‘dangerous'

Oil giant Shell warns cutting production ‘dangerous'
Jul 5,2023 7:10 pm

... 6bn on international climate finance but a memo seen by the BBC said economic shocks like the Covid pandemic had The head of the International Energy Agency, Fatih Birol, has said that " if governments are serious about the climate crisis, there can be no new investments in oil, gas and coal from now"...

Energy prices might spike this winter - IEA boss

Energy prices might spike this winter - IEA boss
Jul 2,2023 7:20 pm

... If the Chinese economy strengthens quickly and there is a harsh winter, gas prices could rise, putting pressure on consumers, Fatih Birol said...

Nord Stream: Sweden finds new leak in Russian gas pipeline

Nord Stream: Sweden finds new leak in Russian gas pipeline
Oct 1,2022 7:30 pm

... It is " very obvious" who is behind the damage, said the head of the International Energy Agency, Fatih Birol, without elaborating...

EU told to prepare for Russian gas shut-off

EU told to prepare for Russian gas shut-off
Jul 21,2022 5:00 am

... Fatih Birol, executive director of the IEA, said that despite efforts to reduce reliance on Russian gas, it hasn t been enough to prevent Europe " finding itself in an incredibly precarious position today" adding that the next few months were " critical"...

Ukraine war: Germany fears Russia gas cut may become permanent

Ukraine war: Germany fears Russia gas cut may become permanent
Jul 11,2022 3:30 pm

... The head of the International Energy Agency, Fatih Birol, has warned that Russia may cut off gas supplies to Europe entirely and that Europe needs to prepare now...

Energy prices might spike this winter - IEA boss

Jun 22,2022 10:00 pm

By Tom EspinerBusiness reporter, BBC News

Energy prices could spike this winter forcing governments to step in and subsidise bills again, The Head of The International Energy Agency has said.

If the Chinese economy strengthens quickly and there is a harsh winter, gas prices could rise, putting pressure on consumers, Fatih Birol said.

He added that governments should push for energy-saving and boost renewables.

However a UK government spokesperson said energy bills are set to fall by an average £430 this month.

Gas prices soared after Russia's invasion of Ukraine, driving up energy bills around The World .

A Number of governments then stepped in with support for households, including in the UK, to try to soften The Blow to consumers.

Mr Birol told The Bbc 's Today programme that many European governments made " strategic mistakes" including an over-reliance on Russia for energy, and that foreign policy had been " blindfolded" by short-term commercial decisions.

He Said this winter " we cannot rule out" another spike in gas prices.

" In a scenario where the Chinese economy is very strong, buys a lot of energy from the markets, and we have a harsh winter, we may see strong upward pressure under natural gas prices, which in turn will put an extra burden on consumers, " He Said .

The Chinese economy had been bouncing back after Covid restrictions were lifted, but recently its economy has been slowing down.

Ratings agency S& P Global This Week cut its forecast for Chinese growth, saying " The Risk is that its recovery loses more steam amid weak confidence among consumers and in the housing market".

Investment banks including Goldman Sachs have also been cutting forecasts for Chinese growth.

Nevertheless, Mr Birol said governments including the UK should " continue to push measures to save energy, especially as we enter the winter".

They should also push renewable technologies so they " see The Light of day as soon as possible" and cut The Time it takes for them to get permits, and look for " Alternative Energy options" He Said .

He Said he " wouldn't rule out blackouts" this winter as " part of the game".

" We do not know yet how strongly the Chinese economy will rebound, " He Said .

National Grid said Last Winter that short power cuts were a Possibility - in The End , This Was not necessary.

A UK government spokesperson said: " We spent billions to protect families when prices rose over winter covering nearly half a typical household's energy bill, with them set to fall by around £430 on average from this month. "

Oil licenses

Russia's war in Ukraine led to a " gold rush" of new fossil fuel exploration, and the UK defied climate warnings by issuing a new licensing round for North Sea oil and gas.

More Than 100 applications have been submitted to drill for new oil and gas in the North Sea .

This Was at odds with international climate scientists who say fossil fuel projects should be closed down, not expanded.

They say there can be no new projects if there is to be a chance of keeping global temperature rises under 1. 5C.

Mr Fatih said " if The World is serious" about the " climate cause" then " we have to reduce the use of oil and gas significantly in The Next years to come".

If we can reduce consumption, existing oil and gas fields will be enough to meet declining demand, he added.

He Said he has discussions with The Chief executives of UK oil companies.

Mr Fatih said he has " no problem" with oil firms making profits, but if they say: " I Am going to increase my production by four million barrels per day, and my company's strategy is In Line with the Paris Climate Agreement - it doesn't work, there is a problem here. "

The Rosebank field in the North Sea , which has the potential to produce 500 million barrels of oil, could be approved by the government within weeks.

The UK government said it was " committed to reaching net zero by 2050 and have already come a long way to meet that target, cutting emissions faster than any other G7 country while keeping the economy growing and with low-carbon sources like renewables and nuclear providing half of the UK's electricity generation".

But a spokesperson added " the transition to cleaner energy cannot happen overnight and we will continue to need oil and gas over The Coming decades, as recognised by The Independent Climate Change Committee".

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Source of news: bbc.com

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