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Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore...

Global Energy and Climate Leaders Meet in Sydney to Strengthen Clean Energy Technology Supply Chains

Global energy and climate leaders are meeting this week at the Sydney Energy Forum, which is co-hosted by the Australian Government and the IEA, to discuss how to scale up and strengthen...

Energy Crisis And Changes In Serbia

The challenges stirred by the energy crisis in Europe require urgent measures and bold decisions to embrace some more energy-efficient times as effortlessly as possible. We need to think promptly about how...

Shell to Build Europe’s Largest Renewable Hydrogen Plant

Shell, the Anglo-Dutch oil and gas company, plans to build Europe’s largest green hydrogen plant in Rotterdam, which will become operational in 2025, the energy giant announced on Wednesday (6 July). According to...

EBRD and EU to Support Transition to Solar Energy in North Macedonia

Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build...

ABB Collaborates With Microsoft On Energy Efficiency To Reinforce Commitment To Low-Carbon Society

ABB announced that Microsoft has joined its Energy Efficiency Movement. Launched in March 2021 by ABB, the #energyefficiencymovement is a multi-stakeholder initiative to raise awareness and spur action to reduce energy consumption and...

Blue Economy Can Help Members Boost Offshore Renewables

“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and...

Norway Has Key Opportunities to Advance its Transition and Help Lead the World on Clean Energy Technologies

As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition and now needs to advance strategies to tackle emissions...

IRENA And OPEC Fund Join Forces To Unlock Investment In Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging...

Energy And Climate Committee Advances Negotiations On 2030 Energy And Climate Targets

The 9th Energy and Climate Committee met on 20 June in Vienna to negotiate the 2030 energy and climate targets for the Energy Community Contracting Parties. The adoption of 2030 targets is needed...

Global Energy Crisis Shows Urgency Of Accelerating Investment In Cheaper And Cleaner Energy In Africa

Today’s crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy, the IEA says in a...

Why the World is Missing its Chance for Clean Energy

A green recovery from the COVID-19 pandemic would have helped countries to build back better while driving economic growth and job creation. But the latest Renewables 2022 Global Status Report paints a different picture. According to...

EU and Egypt Step Up Cooperation on Climate, Energy and the Green Transition

Today in Cairo, on the occasion of the visit of Commission President Ursula von der Leyen and her meeting with Egyptian President El Sisi, the EU and Egypt issued a joint statement on climate, energy and the...

COVID-19 Slows Progress Towards Universal Energy Access

The COVID-19 pandemic has been a key factor in slowing progress toward universal energy access. Globally, 733 million people still have no access to electricity, and 2.4 billion people still cook using...

North Macedonia Adopts National Energy and Climate Plan, Commits to Accelerate Energy Transition During Secretariat’s Visit to Skopje

Director Artur Lorkowski and Deputy Prime Minister for Economic Affairs of North Macedonia, Fatmir Bytyki, agreed to step up cooperation to accelerate the just energy transition during their meeting in Skopje on...

European Commission And International Energy Agency In A Common Bid To Reduce EU Reliance On Russian Fossil Fuels

The European Commission and the International Energy Agency are joining forces to help EU countries reduce their reliance on Russian fossil fuels.  By strengthening investments in clean energy and energy efficiency, the project...

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