Joint Organizations Data Initiative
Improving market transparency and facilitating well-informed decision-making that enhances market stability and confidence, strengthens energy security, and accelerates the transition towards a sustainable energy future are the chief objectives of the Joint Organizations Data Initiative (JODI).
Coordinated by the IEF since 2005, JODI is a concrete outcome of the global energy dialogue. IEF Energy Ministers recognize that the exchange and public dissemination of energy market data helps to mitigate uncertainty during a period of unprecedented energy market turmoil prompted by the recent global health crisis.
JODI's more comprehensive and timely energy data consolidates key monthly energy supply and demand indicators utilizing the combined efforts of the eight JODI partner organisations (APEC, EUROSTAT, GECF, IEA, OLADE, OPEC, and UNSD) and more than 100 national administrations and industry stakeholders.
Public access to well-defined, timely, and complete energy data will reduce uncertainty and facilitate stable energy markets. JODI improves the comparability and consistency among a wide range of public and private data sources thus strengthening the information available to decision-makers.
JODI established a global energy data provider-user community through regular meetings at every stage of the energy data supply chain. This community facilitates communication among all stakeholders, provides training for data collection and reporting, and enhances cooperation across government, industry, organizational, and national boundaries.
Fast-evolving digitalization has also provided unparalleled opportunities to streamline data-sharing globally, and JODI, through its cooperative mechanism, takes its lead on technological advancement in enhancing data accuracy, timeliness, and completeness.