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Tag: energy transition
Record Global Carbon Dioxide Concentrations Despite COVID-19 Crisis
Over the past few weeks there have been many reports of localized air quality improvements as the world has locked down to combat the coronavirus pandemic. However, no one should think that...
IRENA’s Coalition for Action Calls for Green Recovery Based on Renewables
As COVID-19 rapidly devastates communities and livelihoods, effective response measures are urgently needed to address the immediate as well as the longer-term impacts of the crisis. Over 100 leading players in renewable...
Can Electricity Decarbonize the Energy Sector?
The energy sector currently accounts for two-thirds of global carbon emissions;
Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization;
As the...
Renewable Energy Can Support Resilient and Equitable Recovery
Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, finds the first Global Renewables...
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per...
The Investment Case for Energy Transition in Africa
Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that...
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi...
Clean Energy at the Heart of Stimulus Plans to Counter the Coronavirus Crisis?
The impact of the coronavirus around the world and the resulting turmoil in global markets are dominating global attention. As governments respond to these interlinked crises, they must not lose sight of...
Under What Conditions Will Clean Energy Become The Norm?
Even as renewables become a more common energy source around the world, they still face major obstacles. Some barriers are inherent with all new technologies; others are the result of skewed regulatory...
EBRD and Donors Boost Green Financing in the Region
The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains...
Global Energy-Related CO2 Emissions Flattened in 2019, Following Two Years of Increases
Global emission trends
Global energy-related CO2 emissions flattened in 2019 at around 33 gigatonnes (Gt), following two years of increases. This resulted mainly from a sharp decline in CO2 emissions from the power...
Oil and Gas Industry Needs to Step Up Climate Efforts Now
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to...
Kaiserwetter to Help Accelerating the Transition to Clean Energy and Mitigating Climate Change
ARISTOTELES Sky—The Energy Cloud for Nations will be unveiled at the Sustainable Innovation Forum 2019 held during the COP25 in Madrid
NEW YORK--(BUSINESS WIRE)--#AI--With global greenhouse emissions projected to reach another record high this year, I...
41 European Mayors Declare Support for a Just Transition from Coal
A group of 41 mayors from 10 coal regions in 9 European countries are launching a statement supporting a just transition to the post-coal era. Two of the mayors - from the...
Unprecedented Momentum for Green Hydrogen
Hydrogen from renewable energy could play a central role in the global energy transformation, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that...
New IRENA Report Explores Potential of Green Hydrogen
Hydrogen from renewables can help tackle various critical energy challenges. It could particularly offer ways to decarbonise a range of sectors where it is proving difficult to meaningfully reduce CO2 emissions, a...