IRENA in the News

Closing The Gender Gap In ASEAN’s Energy Sector

Southeast Asia has shown an improvement in the number of women in leadership roles. The International Renewable Energy Agency (IRENA) study, ‘Renewable Energy: A Gender Perspective’, reported that having more women on the board of directors has led to more investments in renewable energy and greater consideration of environmental risks in financial decision-making.


East Africa’s Electric Motorbikes Are Fueling a Carbon-Free Future (Subscription + Sponsored Content)

Start-ups are supplying electric vehicles to the motorbike-taxi drivers who provide the most common form of public transport in many cities. The momentum on the continent is particularly strong in East Africa, the fastest-growing region, where the population is set to more than double by 2050 and big money is flowing into growing and stabilizing the electricity grid. Already, renewable energy accounts for almost 90% of the energy supply in some countries in the region, according to the International Renewable Energy Agency (IRENA).


Can Geothermal Power Play a Key Role in the Energy Transition?

Aided by advances in deep-drilling technology for fracking, engineers are developing new methods of tapping into the earth’s limitless underground supplies of heat and steam. But the costs of accessing deep geothermal energy are high, and initial government support will be crucial. In a recent report, the International Renewable Energy Agency (IRENA) predicted the output of geothermal in Europe could increase eight-fold by 2050.


IRENA outlines path to cost-competitive green hydrogen at scale: report

Hydrogen produced with renewable electricity could compete on costs with fossil fuels by 2030 if solar and wind power costs continue falling and economies of scale reduce costs for electrolyzers, according to a Dec. 17 report. The report called "Green Hydrogen Cost Reduction: Scaling up Electrolyzers to Meet the 1.5⁰C Climate Goal," prepared by UAE-based International Renewable Energy Agency (IRENA), considers innovation drivers and offers strategies that governments can use to reduce the cost of electrolyzers by 40% in the short term and by up to 80% in the long term, according to an emailed statement.


IRENA outlines path to cost-competitive green hydrogen at scale: report

Hydrogen produced with renewable electricity could compete on costs with fossil fuels by 2030 if solar and wind power costs continue falling and economies of scale reduce costs for electrolyzers, according to a Dec. 17 report. The report called "Green Hydrogen Cost Reduction: Scaling up Electrolyzers to Meet the 1.5⁰C Climate Goal," prepared by UAE-based International Renewable Energy Agency (IRENA), considers innovation drivers and offers strategies that governments can use to reduce the cost of electrolyzers by 40% in the short term and by up to 80% in the long term, according to an emailed statement.


A strategic action plan to promote energy transformation, according to IRENA recommendations (Spanish)

Improving long-term planning for the renewable energy sector, promoting the development of projects and establishing clear institutional frameworks are some of the actions that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations by the International Renewable Energy Agency (IRENA) to the Central American country.


Italy and the hydrogen plan: we must be selective (Italian)

Conforming to the push of the EU, Italy recently presented the Guidelines for the National Hydrogen Strategy 2021 , drawn up by the Ministry of Economic Development (Mise) in which the economic and environmental potential related to the use of hydrogen are outlined as an energy source. Hydrogen is considered a "clean" fuel because, unlike fossil fuels, its combustion produces only one type of waste: water. Hydrogen is also very versatile: it can be used to store and transport energy. Thanks to these properties, the International Renewable Energy Agency (IRENA) in 2018 described hydrogen as "the missing link in the chain" for an effective energy transition.


Renewable not nuclear power is the future of green energy in the UK (Opinion)

As well as being less risky, more cost-effective and helping to create jobs, renewable energy solutions deliver a better result for the environment. According to the International Renewable Energy Agency, the cost of renewables continues on a downward trajectory and are now most frequently the cheapest source of energy generation, weakening the case for nuclear power.


'How much will it cost to slow climate change?' (Opinion)

When you account for the advantages to our health, the benefits of phasing out fossil fuels far outweigh the price. By 2021, as much as 1,200 gigawatts of already-built coal capacity will be more expensive to run than it would be to construct brand-new utility-scale photovoltaics, according to the International Renewable Energy Agency (IRENA).


Solar Soars As Emerging Markets Renewables Investment Hits Record High

The price collapse in renewable energy technology and deployment drove record investment in emerging markets in 2019. BloombergNEF reports 2019 saw $32 billion invested against a previous high in 2018 of $24 billion. Indeed, if we are to meet climate goals the International Renewable Energy Agency (IRENA) has said that annual investment in renewables will need to almost triple to $800 billion by 2050 to fulfil decarbonisation and climate goals across the world.

  • Date: 09 December 2020
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  • Source: Forbes

Fossil fuels still reign, but renewables make inroads

Five years after the signing of the Paris Climate Accord fossil fuels still dominate the energy landscape but it is renewables that are enjoying the strongest growth which even the Covid-19 crisis has not dented. Solar panels have seen spectacular growth in recent years, climbing from 217 gigawatts of installed capacity worldwide in 2015 to 578 gigawatts last year, according to the International Renewable Energy Agency (IRENA).


Biden’s climate agenda goes global (Subscription)

With 85 per cent of the world’s energy emissions produced outside the US, the president-elect must take his agenda overseas. A global energy transition is “already in place and unstoppable” but the pandemic is helping the “old energy world” hold on to its place, according to the head of the International Renewable Energy Agency.


Creative Renewable Solutions Helps Businesses Achieve Their Clean Energy Goals

Major institutions are struggling to adjust their businesses to contribute positively towards a greener American future. Historically, China and the U.S. have been the largest buyers of renewable energy. By the end of 2019, they added ~582 GW of wind and solar capacity (~48% of global renewable capacity based on International Renewable Energy Agency data) and reaped the economic, workforce, and health benefits.

  • Date: 01 December 2020
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  • Source: Forbes

Are electric trucks a highway to a low-carbon future or a dead end?

Electrification could significantly help the global road freight transportation sector lower its carbon emissions; Progress is underway: the European Automobile Manufacturers Association expects 200,000 electric trucks to be on the road by 2030. According to IRENA estimates, electric cars will account for around 5% of global car sales in 2020. Some countries are already pulling ahead: Norway, for instance, saw 62% of new car sales go electric in September 2020.


Climate change: Are we ready for the end of the oil era? (Arabic)

The coronavirus outbreak has reduced daily consumption of crude oil by a third this year, and the economic impacts of the pandemic have pushed oil prices to their lowest level in 18 years. Statistics of the International Renewable Energy Agency (IRENA) indicate that there is a trend in the countries of the region towards reducing dependence on oil and investing in renewable energy, as the countries of the Middle East invested 11 billion US dollars in renewable energy sources in 2016.


Navigating to a sustainable and low-carbon future (Subscription + DG Op-ed)

There has never been a more important moment to embrace a low-carbon future in Southeast Asia. Covid-19 has served as a startling reminder of the potentially catastrophic consequences of existential threats like a global pandemic, and in doing so has impressed upon all of us the potential perils of a warming planet. For a just and sustainable recovery that averts the devastation threatened by climate change, swift and far-sighted policy interventions are needed now.


Hydrogen witnessing strong momentum despite COVID-19 challenges: ministers

The move towards a global hydrogen society is witnessing strong momentum as both governments and private players speed up their plans to embrace the clean fuel despite COVID-19 creating challenges along the path, speakers at the online Hydrogen Energy Ministerial Meeting said Oct. 14. Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), said that 95% of hydrogen production is currently fossil-fuel based, resulting in CO2 emissions equivalent to the UK and Indonesia combined.


UK renewables/SSE: dump trumps (Subscription + Opinion)

Waste is a terrible thing to mind, recycling experts quip. SSE's sale of a stake in two UK waste-to-energy projects will have had its shareholders chuckling. According to the International Renewable Energy Agency (IRENA), bioenergy generation (including both waste to energy and biomass) has some of the lowest costs of all renewable sources.


Renewables are Africa’s Path for a Green Recovery

“Now is be the best time to move towards green economy. It is time to shift towards a more sustainable and emission-free transport system and industrial processes. This is the way to building greener and better future for Africa.” said H.E. Dr Amani Abou-Zeid, Commissioner for Infrastructure and Energy, AU Commission (AUC), at the opening ceremony of the International Renewable Energy Agency (IRENA) Innovation Week held under the theme ‘Renewable solutions for transport & industry’ and convened to explore innovative solutions to support the decarbonisation of industry and transport sectors.


Africa Must Lead On Climate Change

To preserve its own survival, and secure its own prosperity, Africa must provide global leadership on responsible environmental stewardship and offer the world a novel model of climate led development. This could also make Africa rich. The International Renewable Energy Agency now states confidently that, “newly installed renewable power capacity increasingly costs less than the cheapest power generation options based on fossil fuels.”

  • Date: 05 October 2020
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  • Source: Forbes