renewable power
Transition to Renewables Calls for New Approach to Energy Security
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics of the energy transition: Energy security outlines…
Why AI and energy are the new power couple
Power systems are becoming vastly more complex as demand for electricity grows and decarbonisation efforts ramp up. In the past, grids directed energy from centralised power stations. Now, power systems increasingly need to support multi-directional flows of electricity between distributed…
Upcoming EU Hydrogen Bank pilot auction: European Commission publishes Terms & Conditions
The Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the EU. The auction, funded by the Innovation Fund…
ABB helps ensure sustainable power at 75th Formula E race as title sponsor
This weekend, the ABB FIA Formula E World Championship returns to Jakarta for a double header in the Indonesian capital, with the first of the two races being ABB’s 75th as title sponsor. The 2.37 km, purpose-built circuit is set against…
Renewables Take Lion’s Share of Global Power Additions in 2021
Renewable energy continued to expand steadily and well above the long-term trend, with share in total capacity expansion reaching a new record of 81 percent last year. New data released by the International Renewable Energy Agency (IRENA) shows that renewable…
Four Ways To Improve Trade Rules and Support Climate Action
There is a myth that trade policy and climate action are inherently at odds. That does not have to be the case. Trade can, and should, be a driver of sustainable innovation, productivity, efficiency, and growth. The past year saw…
European Union Approves World’s Largest Green Stimulus
On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37 percent of the funding has to go to projects that help the climate. Unfortunately, there’s…