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Showing posts with label IRENA. Show all posts
Showing posts with label IRENA. Show all posts

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.



Sunday, February 16, 2020

About a role of hydrogen in transition to clean energy and economy decarbonisation



Hydrogen Energy Ministerial Meeting (HEM) 2018 in Japan declared  that "hydrogen can be a key contributor to the energy transitions underway to a clean energy future and an important component of a broad based, secure, sustainable and efficient energy portfolio". The meeting brought together over 300 stakeholders, including ministerial officials, top executives from related companies and representatives from 21 countries, regions and organizations from around the world.
Key economic sectors, including transportation, industrial manufacturing, heat and power generation, can use hydrogen. Fuel cell technologies are can efficiently generate electricity and heat from hydrogen. And, what is very important, hydrogen stands out for its versatility and storage capability. 
Hydrogen can be produced from various sources, including renewable energy, nuclear and fossil fuels, using carbon dioxide capture, utilization and storage. Sourcing options can be categorised as “grey” (fossil fuel-based), “blue” (fossil fuel-based production with carbon capture, utilisation and storage) and “green” (renewables-based) hydrogen when considering associated CO2 emissions. Green hydrogen produced through renewable-powered electrolysis is projected to grow rapidly in the coming years, and this could create opportunities for decarbonisation of a number of economic sectors where it is difficult to essentially reduce CO2 emissions. 

Sunday, January 5, 2020

Corporate sourcing of renewable electricity is seen in more than 75 countries


IRENA reviewed over 2 400 companies, identifying drivers, achievements and barriers, and providing recommendations to strengthen the momentum in corporate sourcing of renewables. Agency's report show that companies  consumed about 465 terawatt-hours (TWh) of renewable electricity in 2017.
About 200 companies reported that more than half of the electricity they consumed was sourced from renewables; 50 companies reported a share of 100%. 

Sunday, December 1, 2019

Renewable energy is now the cheapest source of power generation in some countries


Breakdown of utility-scale solar PV total installed costs in G20 countries, 2018
         Source: IRENA, 2019

Released just before UNFCCC's COP25 IRENA's report reveals the latest cost trends for each of the main renewable power generation technologies.