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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...
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...
IRENA and DP World Join Forces to Advance Decarbonisation Solutions for Ports and Maritime Logistics
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based global supply chain solutions company. Through the agreement, the two organizations will collaborate on decarbonising the...
The World Needs More Diverse Solar Panel Supply Chains to Ensure a Secure Transition to Net Zero Emissions
Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the...
IRENA Members Launch New Framework On Project Facilitation
The International Renewable Energy Agency (IRENA) held its first meeting of the “Collaborative Framework on Project Facilitation to Support the Energy Transition,” a platform bringing together public, private, intergovernmental, and non-governmental bodies...
Ocean Renewables: Powering the Blue Economy
Offshore renewables can play a key role in harnessing the benefits of the blue economy for sustainable development in Small Island Developing States (SIDS), said IRENA Director-General Francesco La Camera, at the...
Renewables Take Lion’s Share of Global Power Additions in 2021
Renewable energy continued to expand steadily and well above the long-term trend, with share in total capacity expansion reaching a new record of 81 percent last year.
New data released by the International...
IEA Member Countries Agree to New Emergency Oil Stock Release in Response to Market Turmoil
The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by conflict between Russia and Ukraine,...
Green Hydrogen Needs Industrial Policy Making and Certification
With its ability to decarbonise hard-to-abate sectors like chemicals and steelmaking industries, green hydrogen is expected to be in high demand as countries are racing to achieve their net zero targets. However,...
Surging Electricity Demand is Putting Power Systems Under Strain Around the World
Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high. Electricity is central to modern life...
COP26 Climate Pledges Could Help Limit Global Warming to 1.8 °C, but Implementing Them Will Be the Key
At the COP26 Climate Change Conference taking place in Glasgow, a key question is what do all the new pledges by different countries to reduce emissions mean for global warming? This was...
G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions
G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions...
Solving the Chicken and Egg Problem: Auctions for Green Hydrogen
Green hydrogen (hydrogen produced from renewable energy) has received increasing attention across the energy sector in recent years, given its capability to decarbonise ‘hard to abate’ sectors (such as steelmaking) and provide...
Empowering “Smart Cities” Toward Net Zero Emissions
The world’s cities can play a central role to accelerate progress towards clean, low-carbon, resilient and inclusive energy systems. This idea is recognized by climate and energy ministers from G20 nations who...
Greenpeace: Global heatwaves are fossil fuel-driven climate chaos
Unprecedented danger will be the new normal if we don’t take urgent action to stop fossil fuel-driven climate change.
From Canada and the United States to Russia and even the Arctic, record-breaking heatwaves are putting lives, livelihoods, and communities at...
Native Hawaiian Community will have their Lands Restored
As part of the Biden-Harris administration’s commitment to honor relationships with Indigenous communities and uphold trust responsibilities, Secretary of the Interior Deb Haaland and Deputy Secretary of Commerce Don Graves today announced...