Tag Archives: IEA

Wind energy set to become EU’s largest power source well before 2030

Wind power is set overtake coal, nuclear and gas to become the EU’s largest power source well before 2030. This is according to the International Energy Agency’s (IEA) 2018 World Energy Outlook released today. According to the IEA’s projections, wind energy will become the EU’s largest power source in 2027, overtaking coal, nuclear and then … Continue reading Wind energy set to become EU’s largest power source well before 2030

Continue reading

Protermosolar highlights the necessary role of concentrated solar power to curb climate change

Luis Crespo, president of Protermosolar, has presented in the plenary session a report that shows that the concentrated solar power allows to reduce the need for fossil fuel backup.   The XXIV edition of SolarPACES was held in Casablanca (Morocco), with the participation of more than 550 attendees from 41 different countries. The chairman of … Continue reading Protermosolar highlights the necessary role of concentrated solar power to curb climate change

Continue reading

Wind energy is forecast to grow by 324 GW and reach 839 GW by 2023

Concentrated Solar Power (CSP) is expected to grow 87% (4.3 GW) over the forecast period, 32% more than in 2012?17. China leads at 1.9 GW, followed by 1 GW from Concentrated Solar Power projects receiving multilateral development bank support in Morocco and South Africa, 1 GW in the Middle East, and 300 MW each in Australia and Chile.   Since … Continue reading Wind energy is forecast to grow by 324 GW and reach 839 GW by 2023

Continue reading

WindEurope CEO addresses the world’s energy leaders at the IEA Ministerial Meeting 2017

On Wednesday, 8 November, WindEurope CEO Giles Dickson discussed the energy transition with Ministers and CEOs at the 2017 IEA (International Energy Agency) Ministerial Meeting in Paris. This major biennial event focuses on global energy challenges and how they can be overcome, and is a significant meeting point for coordinating a global vision for the … Continue reading WindEurope CEO addresses the world’s energy leaders at the IEA Ministerial Meeting 2017

Continue reading

IEA: Dramatic Drop in Fossil Fuel Investment Since 2014

Investment in new renewables-based power capacity, at $297 billion, remained the largest area of electricity spending, despite falling back by 3%. Renewables investment was 3% lower than five years ago, but capacity additions were 50% higher and expected output from this capacity about 35% higher, thanks to declines in unit costs and technology improvements in solar … Continue reading IEA: Dramatic Drop in Fossil Fuel Investment Since 2014

Continue reading

IEA report provides a bright outlook for renewables

Global renewable electricity generation is expected to grow by more than a third by 2022, according to the International Energy Agency’s (IEA) Renewables 2017 report released yesterday. It’ll be over 8,000 terawatts hours per year, equal to the total annual power consumption of China, India and Germany combined – and 30% of global power generation, … Continue reading IEA report provides a bright outlook for renewables

Continue reading

Solar energy leads the charge in another record year for renewables

Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online. This was another record year, largely as a result of booming solar PV deployment in China and around the world, driven by sharp cost reductions and … Continue reading Solar energy leads the charge in another record year for renewables

Continue reading

Wind energy and solar power produce three times more energy than IEA admits

The IEA energy statistics underestimates the role of wind and solar in the world’s energy mix. The counting method must be changed to help policymakers and investors to understand how near the world is to a transition to an energy supply dominated by solar and wind power. Wind and solar energy have for decades experienced … Continue reading Wind energy and solar power produce three times more energy than IEA admits

Continue reading

Worldwide renewable energy electricity is surging

Spurred by deep cost reductions and favorable government policies, renewable energy sources have for the first time surpassed coal as the largest source of installed power capacity in the world, according to a 25 October report by the International Energy Agency (IEA). Countries installed a record 153 GW of renewable power in 2015, which accounted … Continue reading Worldwide renewable energy electricity is surging

Continue reading

IEA predicts strong renewables growth globally, falling costs

The International Energy Agency (IEA) expects renewables to be the largest source of new power capacity additions globally through 2020, thanks to continued reductions in costs for wind and solar energy. IEA’s Renewable Energy Medium-Term Market Report forecasts the global addition of approximately 825,000 megawatts (MW) of renewable energy capacity by 2020, a 42 percent … Continue reading IEA predicts strong renewables growth globally, falling costs

Continue reading

IEA report shows global transition to renewables is underway

The latest report from the International Energy Agency shows the global transition to renewable energy and wind power is in motion, says Giles Dickson, chief executive officer of the European Wind Energy Association. The report – World Energy Outlook 2015 – highlights that renewable energy installations accounted for almost half of the world’s new power … Continue reading IEA report shows global transition to renewables is underway

Continue reading

Climate pledges for COP21 slow energy sector emissions growth dramatically

The International Energy Agency (IEA) released on Wednesday a World Energy Outlook (WEO) special briefing that outlines the energy sector implications of national climate pledges submitted for the upcoming climate summit in Paris (COP21). The briefing finds that if all countries meet goals outlined in their submitted pledges, known as Intended Nationally Determined Contributions (INDC), … Continue reading Climate pledges for COP21 slow energy sector emissions growth dramatically

Continue reading

Renewables to lead world power market growth to 2020

Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA said Friday in an annual market report. Pointing to the great promise renewables hold for affordably mitigating climate change and enhancing energy security, the report warns governments … Continue reading Renewables to lead world power market growth to 2020

Continue reading

Fossil Fuels Losing Cost Advantage Over Solar Energy, Wind Power, IEA Says

The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency. “The costs of renewable technologies — in particular solar photovoltaic — have declined significantly over the past … Continue reading Fossil Fuels Losing Cost Advantage Over Solar Energy, Wind Power, IEA Says

Continue reading

Clean-energy innovation essential to meeting climate goals

A concerted push for clean-energy innovation is the only way the world can meet its climate goals, the International Energy Agency said as it released its flagship energy technology report.   The report, Energy Technology Perspectives 2015 (ETP 2015), shows that despite a few recent success stories, clean-energy progress is falling well short of the … Continue reading Clean-energy innovation essential to meeting climate goals

Continue reading

Five key actions to achieve a low-carbon energy sector

The International Energy Agency (IEA) laid out five actions needed over the short- and long-term to achieve a low-carbon energy sector, and proposed concrete options for their implementation in the international climate negotiations to be held next month in Lima, Peru. “Energy accounts for two-thirds of global greenhouse gas emissions, so any climate agreement that … Continue reading Five key actions to achieve a low-carbon energy sector

Continue reading

IEA review of Morocco’s energy policies

Wind energy should reach 700 MW capacity this year, and next year the first concentrated solar power (CSP) plant rated at 160 MW should come on stream.     Morocco’s energy strategy is very much on target, with notable advances in wind and solar power and on fuel subsidy reform, the International Energy Agency (IEA) … Continue reading IEA review of Morocco’s energy policies

Continue reading

Renewable Energy in Africa to surge by 2040, IEA says

Renewable energy will make up almost half of sub-Saharan Africa’s power generation growth by 2040, according to a report by the International Energy Agency. The report, which is the IEA’s first major analysis of sub-Saharan Africa, looked at the region’s potential to supply energy to the approximately 620 million people who still lack access to … Continue reading Renewable Energy in Africa to surge by 2040, IEA says

Continue reading

Energy sector is key to powering prosperity in sub-Saharan Africa

Increasing access to modern forms of energy is crucial to unlocking faster economic and social development in sub?Saharan Africa, according to the International Energy Agency’s (IEA) Africa Energy Outlook, a Special Report in the 2014 World Energy Outlook series. More than 620 million people in the region (two-thirds of the population) live without electricity, and nearly 730 … Continue reading Energy sector is key to powering prosperity in sub-Saharan Africa

Continue reading

Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year

The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market segment, with innovative new … Continue reading Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year

Continue reading