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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Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition.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...

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...

Hot Rock Energy Storage Will Soon Be A Reality In Denmark’s Electricity Grid

The Danish company Stiesdal, which is behind the TetraSpar full-scale demonstration project of the world’s first industrialized offshore foundation manufacturing and deployment system for wind turbines, is now realizing the first commercial demonstration energy storage...

Study Finds Limiting Renewable Energy Growth Would Result In Higher U.S. Power Costs

With declining costs for renewable energy technologies, interest has turned to how that might translate into the total system costs of integrating more renewable energy on the U.S. grid. National Renewable Energy Laboratory...

Spain’s Extensive Policy Plans Set to Help Underpin a Successful Energy Transition Powered by Renewables and Efficiency

Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives for private...

Renewables are Stronger than Ever as They Power Through the Pandemic

Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace...

Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth

Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set...

Volkswagen’s European Factories Up To 95 Percent Powered By Renewables

In 2020. Volkswagen Group increased the share of renewables powering its European factories from 80 percent to 95 percent (year over year/YoY), and 10 of its factories became 100 percent renewably powered. The target...

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