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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 Aren’t We Reducing our Reliance on Fossil Fuels Faster?

The world must rapidly cut its greenhouse gas emissions. Remarkable progress has been made, especially in the adoption of renewable energy in the transport and energy sectors, but the change is not...

Green steel can cut climate impact of car production for just €57 a vehicle

Steel made with green hydrogen and electric arc furnaces, or produced from scrap, can reduce the CO2 emissions of producing cars in Europe by 6.9 Mt in 2030, new analysis shows. That’s equivalent to...

New UK Government plans big push on wind

The UK’s new Labour Government has great ambitions for accelerating the deployment of wind energy, both onshore and offshore. To deliver on their new goals they will need a massive overhaul of...

French Auction Results are not the new Benchmark for Floating Wind in Europe

Last month France published the results of its 250 MW floating offshore wind auction off South Brittany (AO5). The winning bid was awarded at 86 euros /MWh – a record-low for floating...

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...

France Commits to Big Offshore Wind Volumes

Last year France raised its offshore wind target for 2050 to 45 GW, with an intermediate target of 18 GW by 2035. On 2 May the Government published a new offshore auction...

The New Era of Artificial Intelligence – and What it Means for the Data Center Segment

Artificial intelligence is currently the most potent force transforming how we process, analyze, and use data. Predictions say that the artificial intelligence market will reach a whopping $407 billion by 2027. We...

Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance

Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...

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...

Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28

Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...

Szeged Introduces a Geothermal Energy District Heating System

The Hungarian Ministry of Construction and Transport recently announced the completion of the project for a new geothermal heating system in Szeged. According to the Ministry’s announcement, six million euros have been invested...

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...

It is time for CCUS to deliver

Carbon capture, utilisation and storage (CCUS) is an important part of the technology portfolio for meeting net zero ambitions. In the IEA’s Net Zero Emissions by 2050 (NZE) Scenario – which lays...

IMPLEMENTATION OF RESPONSIBLE BUSINESS IN SERBIA AND THE WORLD

Questions and challenges related to sustainable and responsible business have been obvious for decades. Most of the ESG principles we hear about today have been devised thanks to various international initiatives, agreements,...

HOW DID PAKISTAN’S LIBRARY BECOME MORE ENERGY EFFICIENT?

A project was recently implemented in Pakistan that resulted in a significant improvement in the energy efficiency of a public facility. The Raziuddin Siddiqui Memorial Library in Islamabad, known for its collection...

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