You searched for international-energy-agency
Global energy-related CO2 emissions rise slowed in 2023 despite exceptional droughts, IEA reports
06 March, 2024
The International Energy Agency (IEA) has released its annual analysis, revealing that global energy-related carbon dioxide (CO2) emissions saw a lesser increase in 2023 compared to the previous year. This occurred despite a surge in total energy demand growth, largely attributed to the continued expansion of clean energy technologies such as solar photovoltaic (PV), wind, nuclear power, and electric vehicles (EVs).
MyHydro welcomes Michael J. Spolum as new CEO
29 January, 2024
MyHydro, an Independent Power Producer (IPP) based in New York, dedicated to developing, financing, building, and operating zero-emission hydropower plants, has announced the appointment of Michael J. Spolum as its new Chief Executive Officer.
Global pledge on renewables and energy efficiency launched at COP28
04 December, 2023
The World Climate Action Summit in Dubai witnessed a significant milestone on Saturday as European Commission President Ursula von der Leyen launched the Global Pledge on Renewables and Energy Efficiency. In collaboration with the COP28 Presidency and joined by representatives from 118 countries, this groundbreaking initiative sets global targets to triple the installed capacity of renewable energy to at least 11TW and double the rate of global energy efficiency improvements from roughly 2% to an annual figure of 4% by 2030.
Green Climate Fund allocates $50 million to REPP 2 for renewable energy expansion in Sub-Saharan Africa
25 October, 2023
The Green Climate Fund (GCF) Board has granted approval for a $50 million equity allocation to REPP 2, a new debt fund focused on catalyzing investments in the rapidly growing renewable energy sector in Sub-Saharan Africa.
Global renewable energy sector added 13.7 million jobs in 2022
03 October, 2023
In a significant milestone for the renewable energy industry, the global workforce in the sector expanded to over 13.7 million jobs in 2022, marking a substantial increase of one million jobs compared to the previous year and nearly doubling the figures from a decade ago. These findings come from the latest collaborative report by the International Renewable Energy Agency (IRENA) and the International Labor Organization (ILO).
Clean energy growth keeps path to 1.5°C climate goal open, but stronger international cooperation urgently needed, says IEA update
26 September, 2023
In an update to the International Energy Agency's (IEA) landmark Net Zero Roadmap, the path to limiting global warming to 1.5°C remains open thanks to the record growth of clean energy technologies. However, the report emphasizes the need for greater ambition and implementation supported by stronger international cooperation to reach climate goals.
Renewables surge as fossil fuel electricity production declines, reports IEA
17 August, 2023
The International Energy Agency’s (IEA) latest "Monthly Electricity Statistics" report, incorporating data up to May 2023, has revealed a sharp decline in electricity production from fossil fuels, coupled with a notable rise in renewable energy generation within the Organisation for Economic Co-operation and Development (OECD) membership.
IHA calls for public feedback on landmark Bali Statement on Powering Sustainable Growth
13 July, 2023
The International Hydropower Association (IHA) has released the first draft of the Bali Statement on Powering Sustainable Growth for public feedback. This landmark document, which builds upon the San José Declaration on Sustainable Hydropower established in 2021, emphasizes the crucial role of hydropower in fostering thriving, low carbon economies driven by renewable energy. The IHA is now seeking input and collaboration from stakeholders worldwide, including governments, financial institutions, and civil society organizations.
Annual renewable power must triple by 2030 to achieve climate goals, says IRENA report
22 June, 2023
The International Renewable Energy Agency (IRENA) has released its World Energy Transitions Outlook (WETO) 2023, emphasizing the urgent need for a significant increase in renewable power capacity. The report highlights the importance of tripling annual renewable power additions by 2030 to stay on track with the 1.5°C climate target set by the Paris Agreement.
Nova Kakhovka dam breached in Ukraine, operator says it is beyond repair
06 June, 2023
The Nova Kakhovka dam located in the Russian-controlled southern part of Ukraine has been breached, with the dam's operator Ukrhydroenergo stating it is 'beyond repair'. Ukraine has claimed that Russia deliberately destroyed the dam, while Russia has suggested it is Ukraine who is responsible for the damage.
AfDB, EU, and France invest in hydropower in Tanzania
20 April, 2023
The government of Tanzania, the African Development Bank (AfDB), and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million to finance the construction of the Kakono Hydropower Plant in the Kagera region of Tanzania. The European Union (EU) has also granted €36 million for the project.
Around $35 trillion investment needed by 2030 for global energy transition suggests IRENA report preview
29 March, 2023
According to a new report preview from the International Renewable Energy Agency (IRENA), the world will need to invest $35 trillion in renewable energy infrastructure and technology – including hydropower - by 2030 to achieve a successful energy transition.
Nepal set to become centre of excellence in sustainable hydropower with new partnership
03 March, 2023
Over 60 hydropower professionals in Nepal are benefiting from training on the Hydropower Sustainability Standard thanks to a new partnership between the International Hydropower Association’s (IHA) Sustainability Team and the Nepal Hydropower Association.
Hydro capacity needs to double by 2050 and more refurb needed – IRENA report
17 February, 2023
If the world is to completely decarbonise and meet the climate goals set in the Paris Agreement, hydropower installed capacity, including pumped storage hydropower, should more than double by 2050, a new report from the International Renewable Energy Agency (IRENA) suggests.
EVOLVE Project identifies 70GW of viable ocean energy
26 January, 2023
There is 70GW of viable ocean energy waiting to be developed in Great Britain, Ireland and Portugal, according to the results from the pan-European EVOLVE project involving world-leading academics, research institutions and technology developers.
Report identifies ways to increase renewables, including hydropower, in Kyrgyz Republic
09 January, 2023
A new report published by the International Renewable Energy Agency (IRENA) has identified concrete actions that could help the Kyrgyz Republic reduce greenhouse gas emissions by 44% by 2030 and to achieve carbon neutrality by 2050 – including an increase in hydropower development.
Renewable organisations join forces to address climate emergency and drive sustainable development
21 November, 2022
Global industry organisations representing hydropower, wind, solar, green hydrogen, long duration energy storage and geothermal energy industries have officially joined forces under one Global Renewables Alliance, with the signing of a Memorandum of Understanding at COP27.
Ambitious collaborative project to be launched for wave energy industry
17 October, 2022
A €19.6 million partnership project aiming to be the stepping stone towards large scale wave energy commercialisation is set to be launched this week at the International Conference on Ocean Energy in San Sebastian, Spain.
Study to investigate impact of snow dynamics on Italian hydro plants
16 August, 2022
Wegaw has been selected by Enel and ESA to deliver a technical feasibility study of snow water equivalent values that would support a scalable nowcasting and forecasting energy generation solution for a cluster of hydropower plants across northern Italy.
Govts must accelerate development of hydropower to meet targets says IHA
06 July, 2022
With the release of its 2022 Hydropower Status Report, the International Hydropower Association has called on governments to accelerate the development of new hydropower capacity or risk missing global net zero targets.
