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Energy
Hydrogen Economy Hints at New Global Power Dynamics
Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees…
EBRD Green Finance in 2021 Hits Record 51 Percent of 10.4 Billion Euros Total
The EBRD’s green financing hit a record 5.4 billion euros, or 51 percent, of total business volume of 10.4 billion euros in 2021. “These excellent results underscore the Bank’s strong dedication to continuing to support its clients in the wake…
New Funds for Saint Nikola Wind Farm
To boost Bulgaria’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) has committed new funds to the 156 megawatt (MW) Saint Nikola wind farm located in the Kavarna region of northeast Bulgaria. The Bank had supported the…
Coal power’s sharp rebound is taking it to a new record in 2021, threatening net zero goals
The amount of electricity generated worldwide from coal is surging towards a new annual record in 2021, undermining efforts to reduce greenhouse gas emissions and potentially putting global coal demand on course for an all-time high next year, the International…
Better Understanding of Rooftop Solar PV Installation Can Support Increased Deployment
The deployment of rooftop solar photovoltaic (PV) systems has increased significantly in recent years thanks to their rapidly declining costs and supporting policies. Solar PV installations can be arranged in smaller configurations for mini-grids or personal use. This is of…
Energy Efficiency Hub Launched to Boost Cooperation on World’s ‘First Fuel’
The Energy Efficiency Hub – a global platform for collaboration aimed at delivering the social, economic and environmental benefits of more efficient use of energy – was launched on 1 December at an event hosted at the International Energy Agency…
Renewable Electricity Growth is Accelerating Faster than Ever Worldwide, Supporting the Emergence of the New Global Energy Economy
The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set a fresh all-time record for new installations, the IEA…