The 19 members of the International Energy Agency have signed seven agreements to research and develop forms of power which do not rely on oil consumption.
GV: Organisation for Economic Co-operation and Development building, Paris.
SV INTERIOR: Canadian delegation seated at International Energy Agency meeting.
SV: German delegation.
SV PAN FROM: Irish delegation TO Italian and Japanese delegations.
SV: United States delegation led by U.S. Energy Secretary James Schlesinger.
SV: Executive director addressing meeting
CU: Schlesinger signing IEA energy agreements for United States.
SV: Spanish delegate signing.
SV: Canadian delegate signing.
SV: Germany signing.
SV: Netherlands signing.
SV: Austria signing.
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Background: The 19 members of the International Energy Agency have signed seven agreements to research and develop forms of power which do not rely on oil consumption. Among the agreements, signed in France on Thursday (October 6), is one to construct two solar energy demonstration plants in Spain.
SYNOPSIS: The IEA comes under the Paris-based Organisation for Economic Co-operation and Development. It was set up in 1974 to reduce its members' dependence on imported oil by co-operating in long-term energy conservation and the development of other forms of power. Among those it has been exploring are nuclear power and wave energy, the latter being potentially the largest single source of power in the world.
Experts of the IEA believe this year could mark the beginning of crippling energy shortage unless consumer nations economise more drastically in oil consumption.
The United States Energy Secretary, Mr. James Schlesinger, also warned that an energy crisis could bring about political and economic upheaval in the 1980's unless alternative energy sources were developed. The new round of agreements are to cost more than 130-million dollars, it brings to 28 the number of research and development projects launched by the IEA since it was set up. The latest projects include coal, geothermal energy. hydrogen from water, wind-power, and fusion power involving the use of super-conducting magnets.