Jauhn Etienne Villaruel

Article (news)

Agence France-Presse

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px;display:block" width="960"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/177552334745220230518-bbm-pagudpod-windmills-ho-1.jpg" style="width:960px" class="fr-fic fr-dib" width="960"/><span class="fr-inner" style="text-align:left">The new 160MW Pagudpud wind farms with 32 wind turbines installed along the coast of Caunayan and Balaoi, Pagudpud, Ilocos Norte on May 19, 2023 where President Ferdinand Marcos Jr. attended its presentation. <em>Marianne Bermudez, PPA pool.</em><br/></span></span></span></div><p>PARIS, France — The world&#x27;s worst energy crisis, caused by the Middle East war, will accelerate the development of renewables, nuclear energy and electric vehicles, the head of the International Energy Agency has predicted.</p><div><a href="https://www.abs-cbn.com/news/nation/2026/4/5/ph-energy-chief-clarifies-impact-of-country-s-hormuz-clearance-from-iran-0024">PH energy chief clarifies impact of country&#x27;s Hormuz clearance from Iran</a></div><p>In an interview published on Tuesday with the French conservative Le Figaro newspaper, IEA executive director Fatih Birol argued that the current energy crunch &quot;is more serious than those of 1973, 1979 and 2022 combined.&quot;</p><p>But despite the fuel price spike caused by Iran&#x27;s de facto blockade of the vital Strait of Hormuz chokepoint, there were &quot;reasons to be optimistic&quot; from how &quot;the architecture of the worldwide energy system will change.&quot;</p><div><a href="https://www.abs-cbn.com/business/07/31/23/firms-pledge-to-invest-p27-b-into-ph-renewable-energy">Firms pledge to invest P2.7 billion into Philippine renewable energy</a></div><p>&quot;It will take years. It will not be a solution to the current crisis, but the geopolitics of energy will be profoundly transformed,&quot; said Birol.</p><p>That said, some technologies would develop faster than others, he insisted.</p><p>&quot;That is the case with renewables, such as solar and wind power, which can be installed very quickly. We will be turning to renewables very soon, probably within a few months,&quot; Birol predicted.</p><p>Even so, the IEA head insisted that countries should be &quot;as prudent as possible&quot; in saving energy in the short term, warning of the prospect of a &quot;black April.&quot;</p><p>&quot;If the strait does indeed remain closed throughout April, we will lose twice as much crude oil and refined products as we did in March,&quot; he said, pointing out that the waterway was also a key transit point for fertilizers.</p><div><br/></div><div><strong>© Agence France-Presse</strong></div><div><br/></div><div><br/></div><div><strong>RELATED VIDEOS</strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/PFQa9CY1_Oo?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/AEotfOgB4W4?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The world's worst energy crisis, caused by the Middle East war, will accelerate the development of renewables, nuclear energy and electric vehicles, the head of the International Energy Agency has predicted.</p>

The world's worst energy crisis, caused by the Middle East war, will accelerate the development of renewables, nuclear energy and electric vehicles, the head of the International Energy Agency has predicted.

Middle East war to kickstart renewables boom: IEA chief

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Middle East war to kickstart renewables boom: IEA chief

Agence France-Presse

Published April 07, 2026 08:57 AM PHT

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Updated April 07, 2026 08:59 AM PHT

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