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Rapid rollout of clean technologies makes energy cheaper, not more costly

Speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly, according to a new IEA special report released...

CLEAN TECHNOLOGIES REDUCED THE GROWTH OF GLOBAL CO2 EMISSIONS

Although there was an increase in energy-related CO2 emissions in 2023, due to the large droughts that damaged hydropower plants, it was still a smaller increase compared to 2022. Smaller growth of...

Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern

The number of jobs in the global energy sector rose in 2022 as growing investment in clean energy technologies drove demand for new workers in every region of the world, according to...

Surging investment in manufacturing of clean energy technologies is supporting economic growth

Booming investment in the manufacturing of clean energy technologies, especially solar PV and batteries, is becoming a powerful economic driver globally, creating new industrial and employment opportunities, according to a new report...

Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds

Announcements of new manufacturing projects for several essential technologies for the clean energy transition – including solar PV, batteries and electrolysers – have accelerated in recent months, highlighting the growing global momentum...

Norway Has Key Opportunities to Advance its Transition and Help Lead the World on Clean Energy Technologies

As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition and now needs to advance strategies to tackle emissions...

Energy Week Western Balkans 2024 – Driving the Region’s Clean Energy Transition

The Western Balkans is gearing up for one of the most influential energy sector gatherings of the year - Energy Week Western Balkans 2024. Set to take place on October 9-10 at...

Islands need resilient power systems more than ever. Clean energy can deliver

Small and remote islands are subject to an array of energy challenges. As they are often isolated from mainland power grids, many face difficulties balancing supply and demand. They tend to be heavily dependent...

Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels

Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...

Clean energy is boosting economic growth

Clean energy is moving towards centre stage in the global energy system – and as its importance rises, a new clean energy economy is emerging. Clean electricity accounted for around 80 percent of...

Enhancing infrastructure can help boost Denmark’s clean energy investment

Denmark’s energy and climate ambition in sectors such offshore wind, biomethane and district heating are transforming the country’s energy system and reinforcing its image as a clean energy leader toward net zero...

ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies

ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...

ABB and Export Development Canada agree on global partnership for financing clean tech projects

ABB and Export Development Canada (EDC), Canada’s export credit agency, have signed a global partnership to promote investments in sustainable technologies and projects in Canada and around the world. The support provided...

Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths

Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to...

Heavy Industry’s Transition to Clean Energy

With governmental pressure in most countries ramping up and bold deadlines to phase out fossil fuel within the upcoming decades, many companies and industries are adapting to the large-scale transition to clean...

The Clean Energy Economy is Gaining Ground, But Greater Efforts are Needed now to Get on Track for Net Zero by 2050

Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net zero emissions by mid-century, according to the IEA’s latest...

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