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UN: Renewable Energy Creates a Safer Future
Fossil fuels, such as coal, oil, and gas, are the biggest contributors to global climate change, accounting for 75 percent of global greenhouse gas emissions and nearly 90 percent of all carbon...
Montenegro Adopts Law on the Use of Renewable Energy Sources
Montenegro has adopted the Law on the Use of Renewable Energy Sources, marking a significant step towards improving the sustainability of its energy sector. This first such law in the country introduces...
Key Enablers to Triple Renewables by 2030: Skills and Capacities
The International Renewable Energy Agency (IRENA) has pointed out that reaching over 11 Terawatts of installed renewables capacity as set at COP28 would necessitate overcoming identified structural barriers. One of those barriers...
Key Enablers to Triple Renewables by 2030: Policy and Regulations
The UAE Consensus agreed at COP28 to triple global renewable energy capacity and double energy efficiency gains by 2030 requires countries to overcome structural barriers impeding the energy transitions progress. The World...
Tripling Renewables by 2030 Requires a Minimum of 16.4 Per Cent Annual Growth Rate
The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target...
First-Ever Global Renewables Summit Announced to Drive Action to Triple Renewable Power by 2030
The Global Renewables Alliance (GRA) and Bloomberg Philanthropies, in partnership with the governments of Barbados and Kenya, the European Commission, the COP28 and COP29 Presidencies, the International Energy Agency (IEA), the International...
Renewables and Grid Flexibility Would Slash Electricity Prices by a Quarter by 2030, by a Third by 2040
Boosting renewables, electrification and flexibility would structurally ease electricity costs for consumers, increase European competitiveness, and reinforce the business case for solar.
New modelling shows that electrification and flexibility can slash average day-ahead...
EBRD is Supporting Renewable Investments in Romania
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...
Azerbaijan launches first renewables auction
The Ministry of Energy of Azerbaijan, with the support of the European Bank for Reconstruction and Development (EBRD), has announced the country’s first renewable energy auction for a 100 megawatt solar power...
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of...
Transition to Renewables Calls for New Approach to Energy Security
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today.
Geopolitics...
Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant...
Record Growth in Renewables, but Progress Needs to be Equitable
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity...
CROATIAN ENERGY MIX – RENEWABLE SOURCES EXCEED NON-RENEWABLES AND NPP KRSKO
The relevant January data showed that renewable energy sources in Croatia were the dominant source of electricity production compared to non-renewable ones.
As usual, hydropower plants had the biggest share in renewable energy...
NORTH AFRICA’S RENEWABLE POTENTIAL AND STRATEGIC LOCATION REINFORCE ITS ROLE IN ENERGY TRANSITION
North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate...
CROATIA GENERATED THE NEEDED POWER FROM RENEWABLE SOURCES FOR FOUR DAYS
In December 2023, Croatia made a significant step forward in generating electricity from renewable sources, which had a 19.5 per cent share in the total available electricity, excluding hydroelectric plants, thus ranking...
