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Global coal demand expected to decline in coming years
After reaching an all-time high this year, global coal demand is expected to decline to 2026, according to the latest edition of the International Energy Agency’s (IEA) annual coal market report –...
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion...
Holding the oil and gas sector accountable to methane promises
Much of the world has felt the sting of climate change this year although, as ever, the poor and vulnerable have suffered the most.
This climate chaos has arrived at estimated global average...
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major...
Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows
A major new report published today finds that governments plan to produce around 110 percent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69 percent more...
Open Science Conference: We need dramatic climate action to meet unprecedented challenges
Climate change impacts are becoming increasingly severe, posing unprecedented challenges. Dramatic climate action is needed to limit global warming, requiring unprecedented societal transformations to sustain the future of life on Earth, a...
PORTUGAL A COUNTRY OF GREEN IDEAS – A TRAIL THAT EVERYONE SHOULD FOLLOW
I started my visit to Portugal in Lisbon, one of the world’s oldest and most beautiful cities in the world. Thanks to the Pulse of Europe project – Media Trips to the...
Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...
How India’s climate leadership is building a better future for all
India is poised to be a global leader when it comes to economy, technology and trade. Now, it has an opportunity to seize the moment and help the world address climate change...
Renewables Competitiveness Accelerates, Despite Cost Inflation
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...
Renewables Competitiveness Accelerates, Despite Cost Inflation
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...
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever.
Overall growth in...
Young people hold the key to Africa’s green economy
Young people across the world are struggling to find meaningful work, with over 73 million unemployed youth globally. But nowhere is this problem more acute than in rural areas of developing countries...
EC approves aid for reconstruction of HPP “Bistrica”
The Ministry of Mining and Energy announced that the European Commission, through the Investment Framework for the Western Balkans (WBIF), granted our country EUR 8.44 million in non-reimbursable aid in the field...
EU’s domestic material consumption remained stable in 2022
In 2022, the domestic material consumption of the EU economy remained relatively stable at around 14.5 tonnes per person, indicating a very slight increase of 0.4 percent compared with 2021 (14.4 tonnes...
Low-cost solutions can give billions access to modern cooking by 2030, but the world is failing to deliver
Nearly one in three people around the world still cook their meals over open fires or on basic stoves, resulting in significant damage to health, living standards and gender equality – and...
