G7 members can be the front runners in low carbon and green hydrogen deployment, a new report by the International Renewable Energy Agency (IRENA) concludes. Overall, the consumption of hydrogen by G7 countries could grow between four and seven times by 2050. Published today at the UN Climate Change Conference COP27 in Sharm El-Sheikh, Accelerating … Continue reading Net Zero Pledges in G7 to Drive Up Global Hydrogen Demand by Up to 7 Times
Continue readingCategory Archives: Other renewables
TES, an energy storage technology inspired by nature
Stones that store heat, heat that generates steam, steam that expands in a machine that, in turn, generates electricity: this is an energy storage system that’s so simple it’s revolutionary – because instead of using “rare earth” minerals or raw materials that are only present in certain areas of the planet: it simply uses ordinary … Continue reading TES, an energy storage technology inspired by nature
Continue reading
GE and IRENA sign collaborative agreement at COP27 to support the global climate change agenda
GE (NYSE:GE) signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energy security. The agreement was signed by Francesco La Camera, Director-General of IRENA and Roger Martella, Chief Sustainability Officer of GE at the 27th Conference of the Parties of the UNFCCC … Continue reading GE and IRENA sign collaborative agreement at COP27 to support the global climate change agenda
Continue reading
IRENA Maps Pathway for ASEAN to Lead Net-Zero Race
By 2050, the economic and demographic expansion in Southeast Asia will cause a roughly 2.5-fold rise in energy demand. The amount of CO2 emissions associated with energy would double along with this growth. Recognising the dangers, the Association of Southeast Asian Nations (ASEAN) member states have set decarbonisation targets and pledged to reduce emissions in … Continue reading IRENA Maps Pathway for ASEAN to Lead Net-Zero Race
Continue reading
Iberdrola presents its Climate Action Plan at COP27
The company has set itself the goal of achieving emissions neutrality in its generation plants and own consumption by 2030 and reaching zero net emissions in all its activities by 2040. In line with its commitment to biodiversity protection, Iberdrola will also achieve a net positive impact on species and ecosystems by 2030. Both targets … Continue reading Iberdrola presents its Climate Action Plan at COP27
Continue reading
ACEC launches to rapidly drive corporate clean energy procurement in Asia
Asia Clean Energy Coalition (ACEC) which aims to rapidly drive corporate clean energy procurement in Asia. Founded by Climate Group, the Global Wind Energy Council (GWEC) and the World Resources Institute (WRI), ACEC will bring expertise, credibility and a unified voice among business to accelerate the overall demand and supply of clean energy across the … Continue reading ACEC launches to rapidly drive corporate clean energy procurement in Asia
Continue reading
The development of storage systems
Enel Green Power has long been committed to creating solutions that reduce the discontinuity of renewable sources: good examples include the Azure Sky Wind + BESS facility in Texas and “second life” batteries in Melilla. At this point, it’s a fact: the increase in the incidence of renewables in electricity systems makes the role of … Continue reading The development of storage systems
Continue reading
IRENA and World Meteorological Organization Join to Promote Clean Energy Transition
The International Renewable Energy Agency (IRENA) and the World Meteorological Organization (WMO) will work together to support the transition to renewable energy through tailored weather, water and climate services. A Memorandum of Understanding signed today at the UN Climate Conference COP27 in Sharm el-Sheikh by IRENA’s Director-General Francesco La Camera and WMO’s Secretary-General Prof Petteri … Continue reading IRENA and World Meteorological Organization Join to Promote Clean Energy Transition
Continue reading
RWE accelerates expansion of its green portfolio
RWE is actively forging ahead with the implementation of its Growing Green strategy. In the first nine months of 2022, the company expanded its green portfolio by 1.3 gigawatts (GW). Projects currently under construction and acquisitions already announced will expand the portfolio by a further 9.4 GW. That includes the purchase of Con Edison Clean Energy Businesses, … Continue reading RWE accelerates expansion of its green portfolio
Continue reading
Acciona Energía signs PPA to supply renewable energy to Stanwell Corporation
MacIntyre wind farm: ACCIONA Energía will supply 150MW of renewable electricity to Queensland’s publicly owned energy generator from the largest wind farm in the southern hemisphere. ACCIONA Energía has signed an agreement for the supply of 150MW of 100% renewable energy to Queensland’s publicly owned energy generator Stanwell Corporation. The energy will come from ACCIONA … Continue reading Acciona Energía signs PPA to supply renewable energy to Stanwell Corporation
Continue reading
European solar and wind energy production grew year on year in October
In the month of October, the solar energy production increased compared to the same month of 2021 in all analysed European markets. The largest increase, of 19%, was registered in the Italian market, followed by the 16% rise of the Portuguese market. Portugal also registered the highest year?on?year increase in wind energy production, of 27%. … Continue reading European solar and wind energy production grew year on year in October
Continue readingIberdrola to invest record €47bn in the energy transition in 2023-2025
Growth based on investments in electricity networks and a selective approach to renewables Improving earnings quality and protecting balance sheet strength through geographical diversification and a prudent financial model Highlights:– Record investment plan of €47bn to 2025, driven by organic investments in all markets and PNM Resources transaction.– Strong financial ratios during the … Continue reading Iberdrola to invest record €47bn in the energy transition in 2023-2025
Continue reading
Europe takes emergency action to remove permitting bottlenecks for wind power
The European Commission is set to table an Emergency Regulation to simplify and accelerate the permitting of renewables projects. The Regulation would enact key measures initially set out in REPowerEU, Europe’s energy response to the war in Ukraine. The measures would bring clarity on binding permitting deadlines, make it easier to repower wind farms, and … Continue reading Europe takes emergency action to remove permitting bottlenecks for wind power
Continue reading
Greenhouse Gas Emissions Are Continuing to Rise, When They Need to Be Falling Steeply
Interview with an Expert: IRENA Consultant Kelly Rigg COP27 has started amid growing global challenges. The Ukraine conflict, combined with the COVID-19’s long-term repercussions, has made it clear that the energy transition needs to be accelerated to address both the energy and climate crisis. As tens of thousands of delegates converged on Sharm el-Sheikh, IRENA … Continue reading Greenhouse Gas Emissions Are Continuing to Rise, When They Need to Be Falling Steeply
Continue readingNew Report Warns World of Huge Untapped Renewable Energy Potential
Renewables are the backbone of the energy transition and a viable climate solution. Yet out of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), only 143 have quantified targets with the vast majority focusing on the power sector. Only 12 countries had committed to a percentage … Continue reading New Report Warns World of Huge Untapped Renewable Energy Potential
Continue reading
Accelerating the energy transition at the Climate Summit in Egypt, COP27
The company, which has participated in every COP since 2015, has invested 120 billion euros over 20 years in its commitment to clean energy. Iberdrola is organising 30 events at COP27 and will participate in the main climate ambition and decarbonisation events. It will hold meetings with climate leaders as a leading company in the … Continue reading Accelerating the energy transition at the Climate Summit in Egypt, COP27
Continue reading
Industry offers robust recommendations in six areas to ensure the clean energy incentives
Industry offers robust recommendations in six areas to ensure the clean energy incentives in the IRA make clean energy investments a reality; clear and workable guidance from Treasury essential to provide sufficient market certainty for developers. The American Clean Power Association (ACP) released the following statement today from JC Sandberg, Interim CEO and Chief Advocacy … Continue reading Industry offers robust recommendations in six areas to ensure the clean energy incentives
Continue reading
European electricity market prices fell in October, influenced by gas
Prices in European electricity markets fell considerably during October due to falling gas prices. In some electricity markets, the monthly average price ended up being even lower than in the same month of the previous year. Italy’s IPEX market registered its lowest daily price since the beginning of August 2021 to date. European electricity markets … Continue reading European electricity market prices fell in October, influenced by gas
Continue reading
U.S. construction costs drop for solar, rise for wind and natural gas generators
Average U.S. construction costs drop for solar, rise for wind and natural gas generators Data source: U.S. Energy Information Administration, Electric Generator Construction Costs and Annual Electric Generator Inventory Construction costs for solar photovoltaic systems continued to decrease in the United States in 2020; the capacity-weighted average fell 8% compared with 2019, according to the … Continue reading U.S. construction costs drop for solar, rise for wind and natural gas generators
Continue reading
Equinor acquires leading Danish solar developer BeGreen
Equinor has signed an agreement to buy BeGreen, a leading solar project developer in North-West Europe. The acquisition strengthens Equinor’s capabilities and portfolio within solar PV. “BeGreen represents an important building block to our industrial renewables position in Europe, in line with our ambition to be a leading company in the energy transition. BeGreen has … Continue reading Equinor acquires leading Danish solar developer BeGreen
Continue reading
