Countries around the world have recognized the urgent need to increase the capacity of renewable energy sources (RES). It is predicted that, thanks to supportive policies and favorable economic conditions, global RES...

Global demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis. At...

Monthly data reported by countries representing 80 percent of global oil demand for the first six months of 2024 are now available. The data confirm the sharp slowdown in the rate of...

As governments look to transition away from fossil fuels and accelerate the deployment of clean energy, policy makers are dedicating more attention to securing supplies of critical minerals. Materials such as copper, lithium,...

Solar energy has recorded significant development in recent years, with a 40 per cent growth rate in the European Union alone. Globally speaking, countries that participated in last year’s United Nations Conference...

Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions...

Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and...

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...

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...

Natural gas markets moved to more pronounced growth in the first half of 2024, with initial estimates indicating that global gas demand increased at a rate well above its historical average during...

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...

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...

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...

2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity...

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...

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,...