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On the Way to the Energy Transition
The Energy Community recognized the Republic of Serbia as a leader in energy reforms in the region in 2023. Key steps have been taken to improve the legislative framework and set strategic...
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...
Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World
The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs...
Energy Week Western Balkans 2024: A Premier Opportunity for International Energy Stakeholders
Energy Week Western Balkans 2024 will take place on October 9-10 in Montenegro. This prestigious event is set to be the most influential gathering for the renewable energy sector in the Western...
Brazil’s Opportunity to Lead the Global Dialogue on Energy and Climate
Brazil is a frontrunner in clean energy transitions: among the world’s largest economies, it boasts the lowest share of fossil fuels in its energy mix. Holding the G20 Presidency in 2024, Brazil...
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...
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...
Immediate Actions Needed to Unblock Grid Capacity for More Wind Energy
The EU wants to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050. Wind is key to energy security, affordable electricity and...
How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero
Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean...
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...
Algae Offer Great Potential for Energy Production
The idea that algae can be used for the production of green energy is not new, and numerous universities have presented their concepts of facilities that generate electricity using these organisms.
Among them...
Increasing Energy Investment in Africa is Vital for the Continent’s Sustainable Economic Growth
Meeting growing energy demand in Africa requires a surge of spending on clean energy projects, with swift action to tackle financial barriers so investment can reach the levels that are needed, according...
Progress on Basic Energy Access Reverses for First Time in a Decade
A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today,...
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...
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...
