The world added 50% more renewable capacity in 2023 than in 2022, with the next five years set to see the fastest growth yet. China and solar photovoltaic (PV) were the stars of the show. Energy Monitor interviews Heymi Bahar, co-author of the IEA’s Renewables 2023 report. Renewable energy around the world is expanding faster … Continue reading Unprecedented renewables growth keeps 2030 tripling dream alive – IEA’s Heymi Bahar
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The economics of wind and photovoltaics (PV) demand massive investments in integration now
The expansion of renewable energy and electrification is growing rapidly in many parts of the world as momentum behind the global energy transition gathers pace. While the renewable energy technologies driving this change are well-known and, in many cases, cost competitive with fossil fuels, the fundamental infrastructure required for their deployment is lagging. Insufficient grid … Continue reading The economics of wind and photovoltaics (PV) demand massive investments in integration now
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Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years
Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast to be covered by technologies that produce low-emissions electricity, according to a new report from the IEA. Electricity 2024 is the latest edition of the IEA’s … Continue reading Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years
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China promotes expansion of wind and photovoltaic capacity: IEA
China had a key role to play in the world’s rapid expansion of renewable power generation capacity last year, the International Energy Agency said.It more than doubled solar photovoltaic capacity last year, and wind power capacity rose by 66 per cent YoY. Almost half of China’s electricity generation will come from renewable sources by 2028, … Continue reading China promotes expansion of wind and photovoltaic capacity: IEA
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The energy world is set to change significantly by 2030, based on today’s policy settings alone
Major shifts underway today are set to result in a considerably different global energy system by the end of this decade, according to the IEA’s new World Energy Outlook 2023. The phenomenal rise of clean energy technologies such as solar, wind, electric cars and heat pumps is reshaping how we power everything from factories and … Continue reading The energy world is set to change significantly by 2030, based on today’s policy settings alone
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Global renewable power capacity is set to grow as much in the next five years as it has over the past two decades
The global energy crisis is driving a sharp acceleration in installations of renewable power, with total capacity growth worldwide set to almost double in the next five years, overtaking coal as the largest source of electricity generation along the way and helping keep alive the possibility of limiting global warming to 1.5 °C, the IEA … Continue reading Global renewable power capacity is set to grow as much in the next five years as it has over the past two decades
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IEA predicts renewable energy to overtake coal by 2025
A report by the International Energy Agency says energy insecurity amid war in Ukraine is spurring a renewable power surge. Experts predict the sector will soon surpass coal as the world’s largest electricity source. The global capacity for producing renewable energy will soar by some 75% in the next five years, the International Energy Agency … Continue reading IEA predicts renewable energy to overtake coal by 2025
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IEA Awarded Wind Farm Project in the Jayhawk State
Infrastructure and Energy Alternatives has been awarded a $70 million contract to construct a 190-megawatt wind farm in southeast Kansas. Apex Clean Energy, a developer of utility-scale wind and solar farms, awarded the project to IEA Constructors, a subsidiary of IEA. Work on the Jayhawk Wind Farm began last month and is expected to be completed … Continue reading IEA Awarded Wind Farm Project in the Jayhawk State
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IEA has finalized a $65 million wind energy award in Iowa
Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company with specialized energy and heavy civil expertise, has finalized a $65 million wind energy award in the state of Iowa. The contract was secured by White Construction, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects. IEA recognized approximately $56 … Continue reading IEA has finalized a $65 million wind energy award in Iowa
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IEA: big volumes of offshore wind energy are key to Europe’s 2050 climate neutrality
Offshore wind power is set to play a major role in the world’s energy mix according to a new report from the International Energy Agency (IEA), the ‘Offshore Wind Outlook 2019’. The IEA predicts that global offshore capacity may rise 15-fold by 2040. The IEA thinks European offshore wind capacity will reach 130-180 GW by … Continue reading IEA: big volumes of offshore wind energy are key to Europe’s 2050 climate neutrality
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Offshore wind energy set for 15-fold increase
Offshore wind power currently provides just 0.3 percent of global power generation Offshore wind energy could become Europe’s largest single source of electricity and is set to increase 15-fold worldwide by 2040, the International Energy Agency (IEA) said Friday. In its annual assessment of the clean energy source, the IEA said that falling costs, supportive … Continue reading Offshore wind energy set for 15-fold increase
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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
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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
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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
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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
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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
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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
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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
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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
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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
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