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Energy
Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths
Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to a new IEA report. About USD 2.8 trillion…
Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds
Announcements of new manufacturing projects for several essential technologies for the clean energy transition – including solar PV, batteries and electrolysers – have accelerated in recent months, highlighting the growing global momentum behind the new energy economy, according to IEA…
Italy’s Progress on Energy Efficiency Provides Foundation for Meeting Broader Energy and Climate Goals
Italy is on track to meet its national emissions reduction and energy efficiency targets for 2030, according to a new in-depth policy review by the IEA, which highlights that cutting red tape further to speed up deployment of renewables should…
Nord Stream Methane Leaks are ‘World’s Worst’ – What Does it Mean for Climate Change?
Methane is one of Earth’s most dangerous gases for climate change. And record levels of it are thought to be leaking into the atmosphere from four ruptures in the Nord Stream 1 and 2 natural gas pipelines under the Baltic Sea.…
Natural Gas Markets Expected to Remain Tight Into 2023 as Russia Further Reduces Supplies to Europe
Russia’s continued curtailment of natural gas flows to Europe has pushed international prices to painful new highs, disrupted trade flows and led to acute fuel shortages in some emerging and developing economies, with the market tightness expected to continue well…
Five Cross-cutting Barriers to Bioenergy Deployment and How to Address Them
Bioenergy – solid biofuels, biogas, biomethane and liquid biofuels – already makes a significant contribution to the world’s energy supply, but half of the deployment currently takes the form of traditional uses of bioenergy for cooking and heating, mainly in…
The Clean Energy Economy is Gaining Ground, But Greater Efforts are Needed now to Get on Track for Net Zero by 2050
Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net zero emissions by mid-century, according to the IEA’s latest appraisal of global progress on clean energy technologies.…