Sales of electric vehicles (EVs) will reach an all-time high in 2022, the IEA has announced

Tesla electric cars are photographed in Germany on March 21, 2022. According to the International Energy Agency, sales of electric vehicles will reach an all-time high this year.

Sean Gallup | Getty Images News | Getty Images

Sales of electric vehicles will hit an all-time high this year, according to the International Energy Agency, but more work is needed in other sectors to move the planet toward zero emissions by 2050.

In an announcement accompanying the Tracking Clean Energy Progress update, the IEA said there had been “encouraging signs of progress” in several sectors, but warned that “stronger efforts” were needed to move the world towards zero emissions. by the middle of this century.

TCEP, which is published annually, looked at 55 parts of the energy system. Focusing on the year 2021, it analyzed the evolution of these components as they reached the key medium-term milestones by the end of that decade, as envisaged by the zero-to-zero approach of the Paris-based organization.

In terms of electric vehicles, the IEA said that global sales will double in 2021, accounting for almost 9% of the car market. Looking ahead, electric vehicle sales were expected to reach another all-time high in 2022, pushing it to 13% of all light vehicle sales worldwide.

The IEA has previously reported that sales of electric vehicles will reach 6.6 million in 2021. Electric vehicle sales reached 2 million in the first quarter of 2022, a 75% increase over the first three months of 2021.

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The IEA said that both electric vehicles and lighting – where more than 50% of the global market now uses LED technology – are on track to meet their 2030 milestones by 2050 under the zero scenario.

Despite the prospects for electric vehicles, the IEA separately noted that they “were not yet a global phenomenon. Sales in developing and emerging economies have been slow due to higher purchase costs and a lack of charging infrastructure.”

In general, the rest of the picture is more complicated. The IEA noted that 23 areas were “not on track” and another 30 areas needed more effort.

“Areas that are not on track include improving the energy efficiency of building design, developing clean and efficient district heating, phasing out coal-fired power generation, phasing out methane flaring, moving aviation and shipping to cleaner fuels, and making cement, chemical and steel production cleaner,” he said. IEA.

The shadow of the 2015 Paris Agreement hangs over the IEA report. The United Nations has described it as a “legally binding international climate change agreement” aimed at “limiting global warming to well below 2, preferably 1.5 degrees Celsius above pre-industrial levels”.

Reducing anthropogenic carbon dioxide emissions to zero by 2050 is considered crucial to achieving the 1.5 degrees Celsius target.

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In a statement released on Thursday, IEA Executive Director Fatih Birol sounded cautiously optimistic. “There are more signs than ever that a new global energy economy is thriving,” he said.

“This confirms my belief that today’s global energy crisis can be a turning point towards a cleaner, more affordable and more secure energy system,” he added.

“But this new IEA analysis shows the need for greater and sustained efforts across a range of technologies and sectors to ensure the world’s ability to meet its energy and climate goals.”

The IEA’s report comes at a time when debate and discussion about climate goals and the future of energy has become increasingly heated.

This week, the UN secretary-general said advanced economies should impose an additional tax on the profits of fossil fuel companies, channeling the money to countries affected by climate change and households struggling with the cost of living crisis.

In a wide-ranging address to the UN General Assembly in New York, Antonio Guterres described the fossil fuel industry as “hundreds of billions of dollars in subsidies and windfall profits, while household budgets shrink and our planet burns.”