Saturday, April 17, 2021

IRENA presented the outline of World Energy Transitions Outlook till 2050

 Recently published preview of IRENA’s World Energy Transitions Outlook presents an outline of the global strategies towards carbon-neutrality and leads way to a climate-safe 1.5°C pathway by 2050.

It is projected that over 70% of all decarbonization solutions will involve renewable energy through the direct supply of low-cost power, efficiency, renewable-powered electrification in end-use. Carbon capture and removal technologies in combination with bioenergy will deliver the ‘remaining reductions towards a net-zero energy system.

Wednesday, April 7, 2021

More than 80% of global new electricity capacity added last year were renewables

Over 260 GW of renewable energy capacity were added last year worldwide, exceeding expansion in 2019 by close to 50%, despite the economic slowdown that resulted from the COVID-19 pandemic. Renewables account for 80% of all new electricity capacity added last year, with solar and wind representing 91% of new renewables, according to the recent report by IRENA.

The 10.3% rise in installed renewable capacity reflects expansion that beats long-term trends of more modest growth year-on-year.