China’s goal to achieve carbon (C) neutrality by 2060 requires scaling up photovoltaic (PV) and wind power from 1 to 10–15?PWh?year?1 (refs.?1,2,3,4,5). Following the historical rates of renewable installation1, a recent high-resolution energy-system model6 and forecasts based on China’s 14th Five-year Energy Development (CFED)7, however, only indicate that the capacity will reach 5–9.5?PWh?year?1 by 2060. … Continue reading Accelerating the energy transition towards photovoltaic and wind in China
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What Net Zero is and why it’s important to measure sustainability in the energy transition
Minimizing the impact of CO2 and other greenhouse gas emissions on the environment and using offsetting measures to achieve balance in the atmosphere: that’s Net Zero, a key goal to be achieved by 2050. Here’s how to do it, including the use of performance indices to measure progress: that’s the commitment of the Global Alliance … Continue reading What Net Zero is and why it’s important to measure sustainability in the energy transition
Continue readingChina to double wind and solar capacity by 2025, leading the energy transition
China is expected to double its wind and solar capacity by 2025, and achieve the goal of producing 1,200 gigawatts (GW) of solar and wind energy generation by 2030, five years ahead of schedule, a new report has found. Such an outstanding fact prompts reflections on the main trends in the development of the Chinese … Continue reading China to double wind and solar capacity by 2025, leading the energy transition
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Powering the Energy Transition with Smart Electrification
Electrifying the use of energy in industry, transport and buildings with renewables is a cost-effective way to decarbonise end-use sectors, increase security of supply, reduce dependency of imported fossil fuels and mitigate risks of fuel prices volatility as experienced in recent years. A new report by the International Renewable Energy Agency (IRENA) provides governments with … Continue reading Powering the Energy Transition with Smart Electrification
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Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants and 3 onshore wind farms in Spain, Portugal and Germany. With a total installed capacity of 2.2 GW, the projects envisage … Continue reading Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
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Energy transition in the Americas: three key questions
The Americas have seen a surge of interest and activity directed towards the energy transition over the past 12 months. While a common goal of a net zero future is shared from north to south, individual countries are approaching the task in ways that suit their own unique circumstances. In our latest quarterly Energy transition … Continue reading Energy transition in the Americas: three key questions
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IRENA’s Top Ten News Pieces in 2022 Showcase Work on Global Energy Transition
Throughout the year, IRENA brings you the latest news on progress, impacts and solutions for the energy transition. Here are our top ten news pieces of 2022. Renewable Power Remains Cost Competitive amid Fossil Fuel Crisis The Renewable Power Generation Costs report shows almost two-thirds of renewable power added in 2021 had lower costs than … Continue reading IRENA’s Top Ten News Pieces in 2022 Showcase Work on Global Energy Transition
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Accelerating Energy Transition Solutions at COP27
At the UN Climate Change Conference COP27 in Sharm el-Sheikh, IRENA’s Director-General Francesco La Camera addresses world leaders, industry CEOs, global partners, and allies. As the world increasingly recognises renewable energy as a multiplier solution that addresses climate challenges, fosters socioeconomic growth and enhances energy security amid a global energy crisis, Francesco La Camera emphasised … Continue reading Accelerating Energy Transition Solutions at COP27
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Could the Energy Transition Benefit Africa’s Economies?
As the world’s youngest continent, Africa is expected to be home to nearly 2.5 billion people by 2050. Eighty percent of them will live in Sub-Saharan Africa, where less than half of all people have access to electricity today, and as little as 16% have access to clean cooking fuels and technologies. Africa is also … Continue reading Could the Energy Transition Benefit Africa’s Economies?
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Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
Jane Jamila Nakasamu is on a mission to bring clean energy solutions to the rural communities in Zambia. The 26-year-old has been working tirelessly in promoting bioenergy as an alternative to charcoal and firewood in lower-income families, to increase access to clean cooking. “We work closely with women in these communities to enable a mindset … Continue reading Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
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Iberdrola invests 3,000 million euros in Australia to lead the energy transition
The Chairman of Iberdrola has held a meeting with the Premier of the State of Victoria, Daniel Andrews, and the Minister for Energy, Environment, Climate Action and Solar Homes, Lilly D’Ambrosio. The company currently has a portfolio of more than 2,000 MW in the region and expects to reach 4,000 MW in the coming years. … Continue reading Iberdrola invests 3,000 million euros in Australia to lead the energy transition
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UNSG’s Remarks on Energy Transition
The International Renewable Energy Agency (IRENA) warmly welcomes the remarks of the United Nations Secretary General António Guterres setting out key actions to achieve the energy transition. His remarks were made during the launch of the World Meteorological Organization’s State of the Global Climate 2021 report. Responding to the announcement, IRENA Director-General Francesco La Camera … Continue reading UNSG’s Remarks on Energy Transition
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The Ukraine war will not derail Europe’s energy transition
As Europe struggles to build energy security in response to Russia’s invasion of Ukraine, uncertainty looms on many fronts. By turning its back on Russian oil and gas, will Europe speed or slow down its response to the more global crisis – climate change? That is a complicated question, and hinges on the extent and … Continue reading The Ukraine war will not derail Europe’s energy transition
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Energy Transition: from Commitment to Action
The energy transition grounded in renewables delivers jobs and economic growth, underpins sustainable development, improves health and is among the most effective responses to climate change. However, the transition must move much faster and international promises made at the UN High-Level Dialogue on Energy and COP26 have to translate into concrete implementation and action. The … Continue reading Energy Transition: from Commitment to Action
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Cargill, Vattenfall and Windpark Hanze accelerate the green energy transition in the Netherlands
Cargill and Vattenfall partner with Windpark Hanze in the Netherlands, who will build a wind farm that is expected to reduce CO2 emissions by approximately 350,000 metric tons a year, which is equivalent to providing electricity for more than 95,000 homes in the Netherlands per year once construction is complete. The onshore wind farm, consisting … Continue reading Cargill, Vattenfall and Windpark Hanze accelerate the green energy transition in the Netherlands
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Green hydrogen and decarbonisation solutions: Shell and RWE want to drive energy transition forward
Shell New Energies NL BV (Shell) and RWE Generation SE (RWE) intend to jointly advance ambitious projects for the production, use and distribution of green hydrogen as well as further options to decarbonise RWE gas and biomass-fired power plants in northwest Europe. A Memorandum of Understanding (MoU) was recently signed by Markus Krebber, CEO of … Continue reading Green hydrogen and decarbonisation solutions: Shell and RWE want to drive energy transition forward
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Materials Shortage Will Not Stop The Energy Transition
The signs of climate change are everywhere. More and more countries have rallied under the banner of net zero carbon dioxide emissions by mid-century. To achieve this goal, the world needs an energy transition. The pathway outlined in IRENA’s World Energy Transitions Outlook: 1.5°C Pathway indicates that renewable power generation, energy efficiency and electrification of … Continue reading Materials Shortage Will Not Stop The Energy Transition
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How Artificial Intelligence can accelerate the energy transition
A new white paper published by the World Economic Forum explains in detail the immense of potential of Artificial Intelligence in the energy transition. The scenario it describes is exciting, but a lot of work needs to be done. Last month saw the publication of a white paper by the World Economic Forum, in collaboration … Continue reading How Artificial Intelligence can accelerate the energy transition
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Eni and IRENA Launch a Partnership to Accelerate the Energy Transition
Eni and the International Renewable Energy Agency (IRENA) have today entered into a three-year partnership agreement to collaborate in the promotion of renewable energy and accelerate the energy transition, particularly in countries that export fossil fuels. The agreement has been signed by Eni’s Chief Executive Officer, Claudio Descalzi, and IRENA’s General Director, Francesco La Camera, … Continue reading Eni and IRENA Launch a Partnership to Accelerate the Energy Transition
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Enel Green Power launches “Scelta Rinnovabile” (Renewable Choice) to accelerate the energy transition in Italy
Enel Green Power launches “Scelta Rinnovabile” (Renewable Choice), an onlinecrowdfundinginitiative that allows all citizens to take part in the investment to build new renewable plants in Italy, in order to support the country’s energy transition towards more sustainable energy sources, directly involving the local areas that host the plants. By taking part in the initiative … Continue reading Enel Green Power launches “Scelta Rinnovabile” (Renewable Choice) to accelerate the energy transition in Italy
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