Renewable energy has become an increasingly competitive way to meet new power generation needs. This comprehensive cost study from the International Renewable Energy Agency (IRENA) highlights the latest trends for each of the main renewable power technologies. Released ahead of high-profile United Nations energy and climate discussions, Renewable Power Generation Costs in 2018 draws on the … Continue reading Solar power, onshore wind energy to fall below cost of fossil fuel for first time
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IRENA analysis smart charging electric vehicles on the energy transition
Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once “over-priced” and neglected electric vehicle. With many new electric vehicles (EV) now out-performing their fossil-powered counterparts’ capabilities on the road, energy planners are looking to … Continue reading IRENA analysis smart charging electric vehicles on the energy transition
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Global energy transformation: A roadmap to 2050
Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfil climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also … Continue reading Global energy transformation: A roadmap to 2050
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IRENA to Drive Clean Energy Transition at Ministerial in Vancouver
From 27-29 May, Ministers from over 25 countries will gather in Vancouver to accelerate progress towards a clean energy future. The objective of this year’s 10th Clean Energy Ministerial (CEM10) and 4th Mission Innovation (MI-4) hosted by Canada is to advance the development of clean energy policy, technology and innovation globally. The Canadian host will … Continue reading IRENA to Drive Clean Energy Transition at Ministerial in Vancouver
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Renewable energy capacity reached 2,351GW by the end of last year
IRENA’s annual Renewable Capacity Statistics 2019, the most comprehensive, up-to-date and accessible figures on renewable energy capacity indicates growth in all regions of the world, although at varying speeds. Renewables now account for a third of all power capacity installed around the world. That’s according to new data released by the International Renewable Energy Agency … Continue reading Renewable energy capacity reached 2,351GW by the end of last year
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Renewable Energy to have future geopolitical effects
IRENA estimates that by 2025 the global weighted average cost of electricity could fall by 26 % from onshore wind energy, by 35 % from offshore wind power, by at least 37 % from concentrated solar power (CSP) technologies, and by 59 % from solar photovoltaics (PV). IRENA, the Assembly of the International Renewable Energy … Continue reading Renewable Energy to have future geopolitical effects
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IRENA report calls for international offshore wind energy standards
IRENA has published a report which, amongst other things, concludes that ‘offshore wind energy stands on the cusp of rapid and widespread growth’ reports Andrew Williams. So, what are the key findings of the International Renewable Energy Agency (IRENA) report? What methods did the authors use to arrive at their conclusions? And how best might stakeholders in … Continue reading IRENA report calls for international offshore wind energy standards
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Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017
The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3 per cent increase from 2016, according to the latest figures released by the International Renewable Energy Agency (IRENA). According to the fifth edition of Renewable Energy and Jobs – Annual Review, launched at IRENA’s 15th Council in Abu Dhabi today, … Continue reading Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017
Continue readingThe world obtained 17.5% of its total final energy consumption from renewable sources
The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies. … Continue reading The world obtained 17.5% of its total final energy consumption from renewable sources
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Global renewable energy capacity rises by 8.3 pct annually for 7 years
The global renewable energy generation capacity increased by 167 gigawatt (GW) to reach 2,179 GW by the end of 2017, representing an average annual growth of 8.3 percent for seven consecutive years, a report said Thursday. The Abu Dhabi-based International Renewable Energy Agency (IRENA) said in an e-mailed statement that solar photovoltaics (PV) grew by … Continue reading Global renewable energy capacity rises by 8.3 pct annually for 7 years
Continue readingEU doubling renewables by 2030 positive for economy
The European Union (EU) can increase the share of renewable energy in its energy mix to 34 per cent by 2030 – double the share in 2016 – with a net positive economic impact, finds a report by the International Renewable Energy Agency (IRENA), launched in Brussels. Presenting the findings during a launch event, ‘Renewable … Continue reading EU doubling renewables by 2030 positive for economy
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IRENA welcomes Brazil’s decision to seek membership of the Agency
Director-General Adnan Z. Amin has welcomed Brazil’s decision to initiate the process of joining the International Renewable Energy Agency (IRENA). The Brazilian Government notified the Agency that it is commencing the formal procedure of accession to become a full Member of the Agency. “Brazil’s decision to seek IRENA’s membership reflects the country’s strong commitment to … Continue reading IRENA welcomes Brazil’s decision to seek membership of the Agency
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Onshore Wind Power Now as Affordable as Any Other Source, Solar to Halve by 2020
The cost of generating power from onshore wind has fallen by around a quarter since 2010, with solar photovoltaic (PV) electricity costs falling by 73 per cent in that time, according to new cost analysis from the International Renewable Energy Agency (IRENA). The report also highlights that solar PV costs are expected to halve by … Continue reading Onshore Wind Power Now as Affordable as Any Other Source, Solar to Halve by 2020
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Renewable Energy can account for 37% of Thailand’s energy mix by 2036
With a stronger and more ambitious energy development plan, Thailand’s share of renewable energy in total final energy consumption could surpass its national target by a quarter and reach more than 37 per cent by 2036, according to a new report published by the International Renewable Energy Agency (IRENA) and the Ministry of Energy of … Continue reading Renewable Energy can account for 37% of Thailand’s energy mix by 2036
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A quarter of India’s energy demand can be met with renewable energy
India can raise its renewable energy use to meet a quarter of the country’s total final energy demand by 2030, according to the findings of a report presented today by the International Renewable Energy Agency (IRENA). Renewable energy prospects for India, a study from IRENA’s REmap programme, outlines action areas that can unlock India’s vast … Continue reading A quarter of India’s energy demand can be met with renewable energy
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Renewable Energy Employs 9.8 million People Worldwide
More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy and Jobs – Annual Review 2017, released at IRENA’s 13th Council meeting, provides the latest employment figures of the renewable energy sector and insight into the factors … Continue reading Renewable Energy Employs 9.8 million People Worldwide
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Russia has abundance of all renewable energy sources which can be scaled up to fuel economic growth
Russia can increase the share of renewables in its energy mix from roughly 3 per cent today to more than 11 per cent by 2030, according to new findings by the International Renewable Energy Agency (IRENA). The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 … Continue reading Russia has abundance of all renewable energy sources which can be scaled up to fuel economic growth
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2016 a Record Year for Renewables, Latest IRENA Data Reveals
Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the International Renewable Energy Agency (IRENA). Renewable Energy Capacity Statistics 2017, estimates that by the end of last year the world’s renewable generation capacity reached 2,006 GW, with solar … Continue reading 2016 a Record Year for Renewables, Latest IRENA Data Reveals
Continue readingREthinking Energy 2017: Accelerating the global energy transformation
Renewable energy is a fundamental and growing part of the global energy transformation. Increasingly, renewables have become the first choice for expanding, upgrading and modernising power systems around the world. Click here to download REthinking Energy, the flagship report from the International Renewable Energy Agency (IRENA), examines trends and developments in the global quest for … Continue reading REthinking Energy 2017: Accelerating the global energy transformation
Continue readingNew IRENA report details how renewables can decarbonise the energy sector and improve the lives of billions
Falling costs, driven by innovation in technology and policy, is spurring renewable energy deployment and with it a myriad of socioeconomic benefits, according to the new comprehensive publication released by the International Renewable Energy Agency (IRENA). REthinking Energy, now in its third edition, was released today at IRENA’s seventh Assembly, the Agency’s ultimate decision-making authority. … Continue reading New IRENA report details how renewables can decarbonise the energy sector and improve the lives of billions
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