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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…
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.…
Renewable Energy Jobs Hit 12.7 Million Globally
Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year despite the lingering effects of COVID-19 and the growing energy crisis, according to a new report. Renewable Energy and Jobs: Annual Review…
Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy
Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a promising uptick over the last few years,…