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Renewable Energy Made Up Record 21.7% of National Electricity Market in October
Australia’s renewable energy sector hit a record in October, with 21.7% of electricity in the national electricity market coming from renewables, according to the latest Cedex report.
That represents the biggest proportion of...
Renewables Overtake Coal as World’s Largest Source of Electricity Capacity
According to the International Energy Agency (IEA), total clean power capacity increased by 153 gigawatts, overtaking coal for the first time.
"We are witnessing a transformation of global power markets led by renewables...
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...
The Serbian Electricity Exchange Ensures the Highest European Standards
After almost a decade since its foundation and becoming operational in February 2016, the Serbian Electricity Exchange (SEEPEX) has firmly positioned itself not only as an important support provider in green transition...
Encouraging Competitiveness in Buying and Selling Electricity
As an energy entity responsible for organizing and managing the electricity market in Montenegro, the Montenegrin Electricity Market Operator (COTEE) continuously works to improve this segment while following trends and changes in...
From Grass to Electricity with the Help of Digesters
Over the years, growing dominant crops on land can lead to various environmental consequences, such as loss of biodiversity, soil erosion, and greenhouse gas emissions. Therefore, farmers are advised to revert parts...
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...
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...
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...
How Can the Collision of Salt and Fresh Water Create Electricity?
Estuaries are places where freshwater river and saltwater marine ecosystems meet. They are important for biodiversity, as they are home to many species of plants and animals that have adapted to the...
Denmark’s Latest Offshore Wind Auction Could Award Enough Capacity to Meet the Country’s Entire Electricity Demand
Denmark opened an offshore wind tender which could award up to 10 GW. If successful, the awarded capacity would be enough to meet all of the country’s electricity demand. It could also...
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.
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