The latest Tracking SDG 7 report offers yet another sobering reminder of the lack of progress on electricity and clean cooking targets. In 2021, over 675 million people were living without electricity access, and billions more were without reliable access. Meanwhile, about 2.3 billion people rely on traditional fuels for cooking. Under a business-as-usual scenario, by … Continue reading Why Public Financing Needs to Be Centre Stage for Universal Energy Access
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IRENA/GWEC report identifies key permitting reforms that unlock offshore wind’s potential and accelerate the energy transition
A new report from the International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC), as an outcome of IRENA’s Collaborative Framework on Ocean Energy and Offshore Renewables, has identified eight key permitting reforms that would play a crucial role in delivering the rapid acceleration of renewable energy installations the world needs to … Continue reading IRENA/GWEC report identifies key permitting reforms that unlock offshore wind’s potential and accelerate the energy transition
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Stronger International Cooperation in High Emissions Sectors Crucial to Get on Track for 1.5°C Climate Goal
Countries must supercharge international collaboration on technologies and markets for sectors such as power, transport, industry, buildings and agriculture, new report finds. Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are faster, … Continue reading Stronger International Cooperation in High Emissions Sectors Crucial to Get on Track for 1.5°C Climate Goal
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Innovation Can Pave the Way to Decarbonise High-temperature Heat in Industries
At this stage of the race toward the decarbonisation of our energy systems by 2050 we all agree that electricity is the main vector of the energy transition. The reason for that are threefold; first, wind and solar technologies have experienced a rapid cost reduction that make them competitive today; second, electricity is a high … Continue reading Innovation Can Pave the Way to Decarbonise High-temperature Heat in Industries
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G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption
G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets. In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India’s G20 Presidency, … Continue reading G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption
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Cost of Concentrated solar power (CSP) projects fell from USD 0.38/kWh to USD 0.118/kWh – a decline of 69%
Concentrated solar power (CSP) saw its global weighted?average LCOE fall from 591% higher than the cheapest fossil fuel option in 2010 to 71% higher in 2022. Concentrated solar power (CSP) deployment remains disappointing, with less than 0.1 GW added in 2022 and global cumulative capacity standing at 6.5 GW at the end of 2022. For … Continue reading Cost of Concentrated solar power (CSP) projects fell from USD 0.38/kWh to USD 0.118/kWh – a decline of 69%
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Global power sector saved fuel costs of USD 520 billion last year thanks to renewables
The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added … Continue reading Global power sector saved fuel costs of USD 520 billion last year thanks to renewables
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UN Declares IRENA’s Founding Date as International Day for Clean Energy
IRENA endorses UN resolution proclaiming 26th January as International Day of Clean Energy, calling it a meaningful step towards achieving a just and inclusive energy transition. Today, the United Nations General Assembly (UNGA) has adopted a resolution proclaiming the 26th January as the International Day of Clean Energy, the anniversary day of the founding of … Continue reading UN Declares IRENA’s Founding Date as International Day for Clean Energy
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In Rural Malaysia, Local Communities Are Empowered to Develop and Maintain Renewable Power
Unjam Anak Makam and Maja Anak Mabang never imagined that they would play a role in bringing light to their villages in Sarawak, Malaysia. As graduates of a government certification training scheme after finishing their secondary schools, Unjam and Maja are some of the local youth who joined Ecogreen, one of the several companies assigned … Continue reading In Rural Malaysia, Local Communities Are Empowered to Develop and Maintain Renewable Power
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How Innovation in Heat Pumps Can Transform Heating and Cooling
Heating and cooling accounts for about half of global energy consumption and is responsible for more than 40% of energy-related carbon dioxide emissions. Considering that only a third of people living in hot climates possess cooling appliances, the energy demand for heating and cooling is expected to surge, especially with global temperatures on the rise. … Continue reading How Innovation in Heat Pumps Can Transform Heating and Cooling
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How your electric car can help power the energy transition
It is common knowledge that electric vehicles (EVs) are cleaner alternatives to conventional vehicles. However, their role in the energy transition extends beyond cutting direct emissions, underlining their crucial importance. This is why policymakers across the globe are dedicating efforts to make the massive deployment of EVs a reality. Under the International Renewable Energy Agency’s … Continue reading How your electric car can help power the energy transition
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Why EV-Battery Innovation is Key to Sparking a Renewable Revolution
Increasing the uptake of electric vehicles (EVs) is a fundamental part of accelerating the renewables-based energy transition and getting us onto the 1.5°C pathway. The uptake of EVs holds the potential to cut emissions by the replacement of fossil fuel based vehicles but also to enable flexibility in the energy system that allow the integration … Continue reading Why EV-Battery Innovation is Key to Sparking a Renewable Revolution
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G20 Countries Can Close the Loop for a Circular Steel Sector
The steel sector is one of the most significant contributors to climate change, responsible for about 7% of global energy-related carbon emissions. In its recent outcome document, the G20, at its Ministerial Environment and Climate Ministers’ Meeting, recognised “that the steel sector is fundamental for comprehensive economic development, especially in developing countries yet its environmental … Continue reading G20 Countries Can Close the Loop for a Circular Steel Sector
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IRENA and SPC Deepen Collaboration to Accelerate the Pacific’s Energy Transition
The International Renewable Energy Agency (IRENA) and the Pacific Community (SPC) have strengthened their partnership with a renewed agreement. Both parties agree to promote the acceleration of renewable energy deployment in the Pacific Island countries and territories through the Small Island Developing States (SIDS) Lighthouses Initiative (LHI), which is coordinated by IRENA. The Memorandum of … Continue reading IRENA and SPC Deepen Collaboration to Accelerate the Pacific’s Energy Transition
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Annual Renewable Power Must Triple by 2030
IRENA’s World Energy Transitions Outlook calls for annual renewable power additions of 1,000 GW by 2030 to keep 1.5°C climate target within reach. In the first volume of the World Energy Transitions Outlook (WETO) 2023 released today, the International Renewable Energy Agency (IRENA) identifies the way forward to immediately course correct the 1.5°C climate pathway. … Continue reading Annual Renewable Power Must Triple by 2030
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Powering the Energy Transition with Smart Electrification
Electrifying the use of energy in industry, transport and buildings with renewables is a cost-effective way to decarbonise end-use sectors, increase security of supply, reduce dependency of imported fossil fuels and mitigate risks of fuel prices volatility as experienced in recent years. A new report by the International Renewable Energy Agency (IRENA) provides governments with … Continue reading Powering the Energy Transition with Smart Electrification
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Scaled-up Investments and Enabling Frameworks Will Unlock Offshore Renewables Potential
The latest climate report by the Intergovernmental Panel on Climate Change states that the international community is very unlikely to limit the global temperature rise to 1.5°C, if immediate action is not taken. Offshore renewables – such as offshore wind and ocean energy – have significant potential to accelerate the global energy transition and create … Continue reading Scaled-up Investments and Enabling Frameworks Will Unlock Offshore Renewables Potential
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675 million people without electricity, 2.3 billion people reliant on harmful cooking fuels
A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today, finds that the world is not on track to achieve the Sustainable Development Goal (SDG) 7 for energy by 2030. This year marks … Continue reading 675 million people without electricity, 2.3 billion people reliant on harmful cooking fuels
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Boosting the Global Geothermal Market
Alongside the increasing demand for electricity being driven by economic growth, the global demand for sustainable heat is also increasing. This demand has led to a growing trend in the use of geothermal resources for heating and cooling applications where technically and economically feasible. Since 2000, the geothermal sector has grown at an average rate … Continue reading Boosting the Global Geothermal Market
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Scaling Up Renewables to Empower Lives and Livelihoods Requires an Integrated Effort
Over 2.5 billion people worldwide rely on agriculture for their livelihoods, making the sector a key driver for development. It is estimated that 1 billion people use health facilities without electricity, while others must access facilities suffering from an unreliable electricity supply. Over the years, the International Renewable Energy Agency (IRENA) has steadily increased its … Continue reading Scaling Up Renewables to Empower Lives and Livelihoods Requires an Integrated Effort
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