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IEA to convene major international energy security summit in London, hosted by UK government
The IEA will convene an International Summit on the Future of Energy Security in the second quarter of 2025, hosted by the UK government in London, to assess the existing and future risks...
On the Way to the Energy Transition
The Energy Community recognized the Republic of Serbia as a leader in energy reforms in the region in 2023. Key steps have been taken to improve the legislative framework and set strategic...
The role of development finance institutions in energy transitions
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...
Brazil’s Opportunity to Lead the Global Dialogue on Energy and Climate
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...
Immediate Actions Needed to Unblock Grid Capacity for More Wind Energy
The EU wants to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050. Wind is key to energy security, affordable electricity and...
Increasing Energy Investment in Africa is Vital for the Continent’s Sustainable Economic Growth
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...
Progress on Basic Energy Access Reverses for First Time in a Decade
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,...
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...
SolarEdge Home – the Premium Solar System Even More Affordable
It’s no wonder homeowners are looking for solutions to improve home energy efficiency. A solar system for home energy production is the best bet for bringing down electricity costs while supporting more...
Oil Spills Pose a Bigger Threat to Freshwater Ecosystems
Oil spills are a major environmental problem that occurs every year worldwide, affecting oceans, seas, rivers, and lakes. Although the world is familiar with the issues and changes in salt water, the...
ABB Opens Nnew EUR 20 Million Energy-Efficient Factory in Belgium
ABB has opened a new 20 million euros injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe....
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...
Clean energy is boosting economic growth
Clean energy is moving towards centre stage in the global energy system – and as its importance rises, a new clean energy economy is emerging.
Clean electricity accounted for around 80 percent 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.
Geopolitics...
Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant...
