Global political leaders from Sierra Leone, India and the United Kingdom, among others, at the tenth assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi in January discussed how parliamentarians, in their role as a bridge between government and communities, could drive the clean energy transition.
Transitioning to new fuels will be expensive in the short term. Up to $1.9 trillion in investments needed to fully decarbonize maritime shipping by 2050, only 13% is for ships. The remaining 87% would be for land-based infrastructure and production facilities for alternative fuels. IRENA says “any shift toward a cleaner sector will require important changes to port terminal infrastructure and operational equipment, as well as daily operational practices”.
The central message to emerge from the conference hosted by the International Renewable Energy Agency (IRENA) this week in the United Arab Emirates is that an energy transformation is underway that has the potential to revitalize economies and to lift people out of poverty. But such a conversion requires international cooperation and a common desire to address the climate cause.
More than 1,500 delegates including senior ministers, heads of international and regional organizations together with finance leaders and private sector executives are meeting for the 10th session of the International Renewable Energy Agency Assembly (IRENA), in the United Arab Emirates.
Production of biogas, biomethane and “green” hydrogen will have to skyrocket by at least 1,000% over the next three decades in order to reach the EU’s climate neutrality objective for 2050. Still, production of renewable gases is expected to grow substantially in the coming decades, according to the International Renewable Energy Agency (IRENA).
This is the first part in a series looking at the investments for the future. Energy generated from wind and solar power is expected to make a breakthrough this year. The International Renewable Energy Agency said that in 2020 solar and wind power will be cheaper to generate than fossil fuels, even without subsidies.
With ASEAN’s strong economic growth exceeding four percent annually, the region’s energy consumption has doubled since 1995 – and demand is expected to continue growing at 4.7 percent per year through 2034, according to the International Renewable Energy Agency (IRENA) in its ‘Renewable Energy Market Analysis: Southeast Asia’ report published last year.
Region overtakes Asia-Paciﬁc to become second-most popular for solar and wind projects. Although hydropower will continue to play a critical role in Latin America, wind and solar are faster growing. Installed capacity from wind energy across the region rose at an average annual rate of 37.2 per cent between 2010 and 2018, according to the International Renewable Energy Agency (IRENA).
A new study by the UN refugee agency UNHCR and IRENA uses concrete examples to show what photovoltaics and other technologies can do to supply refugee camps. The two organizations want to work more closely together in the future.
Francesco La Camera, Director General of the International Renewable Energy Agency (IRENA), could be said to be the world's top authority on renewables. He has been dedicated to the world of international cooperation, sustainability and climate for more than 30 years. He was responsible for the Italian delegation at COP 21 to 24.
Near the southern Egyptian city of Aswan, a swathe of photovoltaic solar panels spreads over an area of desert so large it is clearly visible from space. Last year a report from the International Renewable Energy Agency (IRENA) suggested Egypt could be more ambitious in its green energy goals and aim to supply 53% of its electricity from renewables by 2030.
How industry 4.0 innovation is transforming the future of energy. The maturation of clean power generation and distribution enables a more renewable – and more efficient – energy mix. “The move to cleaner energies is already well established,” says Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA). “For each of the last seven years, renewable energy capacity growth has systematically outpaced the growth of all traditional fossil fuel sources combined.”
Morocco is leading efforts to fulfill that potential. It already meets 35% of its electricity needs from renewables and aims to increase its use of renewable energy to 52% by 2030, according to the International Renewable Energy Agency (IRENA).
The Association of Southeast Asian Nations (ASEAN) has set an ambitious target of securing 23 percent of its primary energy from renewable sources by 2025 as energy demand in the region is expected to grow by 50 percent. According to the International Renewable Energy Agency (IRENA), this objective entails a “two-and-a-half-fold increase in the modern renewable energy share compared to 2014."
Denmark had around 1 GW of installed solar capacity at the end of last year, according to International Renewable Energy Agency statistics, most of it residential and commercial PV systems. Last year, new additions totaled around 92 MW.
Across the world, the price of wind and solar energy technologies has plummeted to become cheaper than coal, according to the International Rewnewable Energy Agency, about as much as the cheapest fossil fuels.
Solar energy is on the rise. According to the International Renewable Energy Agency (IRENA) there is over 480 GW of grid-linked solar photovoltaic (PV) capacity worldwide — around 175 GW of it in China alone.
As two much-watched projects sailed toward construction, optimism about the industry’s accelerated growth was buoyed by projections from the International Renewable Energy Agency (IRENA) that based on the pace of development across regions, floating wind farms could cover about 5% to 15% of the global offshore wind installed capacity (now projected at almost 1,000 GW) by 2050.
Global solar photovoltaic (PV) capacity is expected to exceed 8,000 Gigawatt (GW) by 2050, 18 times the current levels, according to an analysis by the International Renewable Energy Agency (IRENA).
How do we reduce the carbon emissions of the roughly half of all energy consumption that the International Renewable Energy Agency predicts will not be electrified even by 2050?