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Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million

2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by...

Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World

The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs...

Islands need resilient power systems more than ever. Clean energy can deliver

Small and remote islands are subject to an array of energy challenges. As they are often isolated from mainland power grids, many face difficulties balancing supply and demand. They tend to be heavily dependent...

Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels

Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...

Rapid rollout of clean technologies makes energy cheaper, not more costly

Speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly, according to a new IEA special report released...

Surging investment in manufacturing of clean energy technologies is supporting economic growth

Booming investment in the manufacturing of clean energy technologies, especially solar PV and batteries, is becoming a powerful economic driver globally, creating new industrial and employment opportunities, according to a new report...

Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28

Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...

Clean energy is boosting economic growth

Clean energy is moving towards centre stage in the global energy system – and as its importance rises, a new clean energy economy is emerging. Clean electricity accounted for around 80 percent of...

Massive expansion of renewable power opens door to achieving global tripling goal set at COP28

The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity...

Financial headwinds for renewables investors: What’s the way forward?

The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion...

Enhancing infrastructure can help boost Denmark’s clean energy investment

Denmark’s energy and climate ambition in sectors such offshore wind, biomethane and district heating are transforming the country’s energy system and reinforcing its image as a clean energy leader toward net zero...

Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern

The number of jobs in the global energy sector rose in 2022 as growing investment in clean energy technologies drove demand for new workers in every region of the world, according to...

IRENA Global Atlas Upgrade Enhances Understanding of Countries’ Renewables Potential

Since its inception ten years ago, the IRENA Global Atlas for Renewable Energy has been the hub for open-source renewable resource assessment and data sharing. The new version 4.1 marks a significant...

Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal

Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...

Energy Week Western Balkans 2023 promises two days of panel discussions, B2B & B2G meetings and endless networking opportunities

Let's review what awaits us on Day 2 of this premier investment conference in the Western Balkans! Renewable energy revenue streams The promotion and facilitation of renewable energy trading and Power Purchase Agreements (PPAs)...

Renewables Competitiveness Accelerates, Despite Cost Inflation

The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil...

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