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IEA policy review highlights UK leadership on climate policy and emission reduction efforts

The IEA regularly conducts reviews of the energy and related climate policies of its member countries and provides recommendations – a process that supports energy policy development and encourages the exchange of...

Why virtual Power Plants are the Future of Solar Energy

Renewable energy sources like solar are volatile, meaning there is not enough energy production to meet demand when the sun doesn't shine. However, when the sun does shine, solar panels can feed so...

Prosumers – an Important Link in Serbia’s Energy Transition

Although present on Serbia’s energy scene since 2014, the concept of prosumers only truly took off two years ago, and its popularity continues to grow daily. Citizens, businesses, and numerous institutions can...

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...

Financing the Energy Sector – The Debt-Equity Relationship

The answer to who holds the largest share of investments is corporations. However, households and governments also play a crucial role in this regard. Specifically, households have significantly increased their participation since...

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...

Industrial Policy: Council Gives Final Approval to the Net-Zero Industry Act

The Council has adopted a regulation on establishing a framework of measures for strengthening Europe's net-zero technology manufacturing ecosystem, better known as the 'net-zero industry act'. This is the last step in the...

Two Years of REPowerEU: Strengthening Europe’s Energy Resilience

In May 2022, the European Commission launched the REPowerEU Plan in response to war in Ukraine and its use of energy resources as an economic weapon. The Plan’s main objectives were to...

ABB Opens Nnew EUR 20 Million Energy-Efficient Factory in Belgium

ABB has opened a new 20 million euros injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe....

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...

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...

Germany is Closing its Coal-Fired Power Plants

A complex story about the energy transition and the challenges that the global geopolitical situation brings with it is unfolding in a country that strives to be a leader in the fight...

FRANCE REDEFINES GREEN INDUSTRY WITH LAW AND CREDITS

The Green Industry Law, adopted in France, is a crucial step in the development of the green industrial revolution in Europe, as it combines environmental sustainability and economy. Drafted following a long...

Net-Zero Industry Act: Council and Parliament strike a deal to boost EU’s green industry

The Council and the European Parliament reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘net-zero industry...

Fluorinated gases and ozone-depleting substances: Council greenlights new rules to reduce harmful emissions

The Council today has adopted two regulations to phase down fluorinated gases (F-gases) and other substances that cause global warming and deplete the ozone layer. While existing EU legislation has already limited the...

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