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Energy Community Power System Can Support at Least 30 GW of Renewables Without Additional Investments Into Flexibility
As the energy transition advances in the Energy Community Contracting Parties, the share of power generation from variable renewables such as wind and solar will increase manyfold.
The Energy Community power system with...
Blue Economy Can Help Members Boost Offshore Renewables
“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and...
EU Energy Ministers Endorse Faster Permitting Of Renewables
The EU Energy Ministers have agreed their position on changes to the Renewable Energy Directive and Energy Efficiency Directive, paving the way for faster build-out of renewables and streamlined permitting for wind...
Macedonian Energy Regulator Joins ACER’s Electricity Working Group
On 23 May, the Agency for the Cooperation of Energy Regulators (ACER) and the Energy and Water Services Commission of North Macedonia (ERC) signed an agreement that formalizes ERC’s participation in ACER’s...
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...
EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid
The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its...
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...
Director Lorkowski Urges Reforms to Ensure the Electricity Sector in Bosnia and Herzegovina is Ready for CBAM
Director Lorkowski delivered opening remarks at the Energy Summit in Neum this week. In his speech, he underlined that the current global energy crisis strengthened the case for a rapid energy transition...
Renewables and Green Gas: The Only Viable Antidote to High Fossil Fuel Prices
Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition. Despite the dramatic fall in prices across these technologies, the dialogue surrounding 'cheap' fossil fuels and...
Europe’s Energy Security Depends on Full Synchronisation of Ukraine and Moldova With the EU Electricity System
Since 24 February, the Ukrainian and Moldovan power systems have been operating in isolated mode. The planned isolated mode test is part of their preparation to fully synchronize with the interconnected power...
How to Save on Electricity Bill
The arrival of autumn and colder days gives headaches to many. Apart from hectic preparations for school and searching for the winter clothes in your closets, preparations for the looming heating season...
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...
EBRD Invests 5 Million Euros in Lithuanian Green Bond to Accelerate Regional Renewables
The European Bank for Reconstruction and Development (EBRD) is investing 5 million euros in a 25 million euros Green Bond issued by UAB Atsinaujinančios Energetikos Investicijos (AEI). AEI is a Lithuanian fund and renewable...
Energy Community Meets to Advance Off-Grid Renewables in Pursuit of SDGs and Climate Goals
Organised by the International Renewable Energy Agency (IRENA), the fifth edition of the International Off-grid Renewable Energy Conference (IOREC) will take place virtually next week from 7 to 9 December 2021. Now open for registrations,...
Empowering Communities to Reap the Multiple Benefits of Renewable Energy
The participation and ownership by citizens or members of a defined community in a renewable energy project creates local socio-economic value and helps foster more positive attitudes towards renewables. This, in turn,...
IRENA and OLADE Reinforce Commitment to Boost Renewables in Latin America and the Caribbean
The Latin American Energy Organisation (OLADE) and the International Renewable Energy Agency (IRENA), have signed a new agreement to work closely in efforts to scale up the deployment of renewable energy in the Latin...