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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...
Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World
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’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...
Islands need resilient power systems more than ever. Clean energy can deliver
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...
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...
How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero
Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean...
Financing the Energy Sector – The Debt-Equity Relationship
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...
Negative Bidding Continues to Burden Offshore Wind Development
Germany and the Netherlands have recently issued the results of their latest offshore wind auction. They awarded a total capacity of 6.5 GW. That’s good for Europe’s energy transition. But the auction...
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...
Can Floating Solar Power Plants Cover the Entire Energy Consumption of a Country?
Certain countries have huge potential when it comes to floating solar power plants, and new research shows that some of them could be entirely dependent on this energy source.
Researchers from Bangor and...
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...
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...
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...
Two Years of REPowerEU: Strengthening Europe’s Energy Resilience
In May 2022, the European Commission launched the REPowerEU Plan in response to war in Ukraine and its use of energy resources as an economic weapon. The Plan’s main objectives were to...
India is the Third Country in the World in Terms of Solar Energy Production
According to the latest global electricity survey of 80 countries published by the Ember think tank, India now occupies third place in the world regarding solar power generation, behind China in first...
