The average costs for electricity generated by solar and wind technologies could decrease by between 26% and 59% by 2025, according to a report released today by the International Renewable Energy Agency (IRENA). The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy…
IRENA says 2015 sets renewable energy record, $286 billion invested
Renewable generation capacity increased by 152 GW or 8.3% during 2015, the highest annual growth rate on record, according to new data released by the International Renewable Energy Agency. Renewable Capacity Statistics 2016 finds that as of the end of 2015, 1,985 GW of renewable generation capacity existed globally.
Doubling global share of renewable energy by 2030 can save trillions
Doubling the share of renewables in the global energy mix by 2030 can save up to USD 4.2 trillion annually by 2030 – 15 times more than the costs – according to a new report by the International Renewable Energy Agency (IRENA). REmap: Roadmap for a Renewable Energy Future, released recently at the Berlin Energy…
Scaling up renewable energy in the GCC would reap major benefits: IRENA report
Scaling up renewable energy in the Gulf Cooperation Council (GCC) countries would reap multiple benefits, according to a recent report released by the International Renewable Energy Agency (IRENA).
Increasing renewable energy would boost global GDP up to $1.3 trillion
Achieving a 36% share of renewable energy in the global energy mix by 2030 would increase global gross domestic product (GDP) by up to 1.1 per cent, roughly USD 1.3 trillion, according to new analysis by the International Renewable Energy Agency
REthinking Energy: A new report on reducing emissions with renewables
Editor’s note: The International Renewable Energy Agency (IRENA) has released the second edition of REthinking Energy, their flagship report on renewables and reducing global emissions. According to IRENA’s findings, doubling the share of renewables by 2030 could deliver about half of the emissions reductions needed, in combination with energy efficiency, to keep the rise in average global…
Renewable energy targets quadrupled globally since 2005, new IRENA report finds
Renewable energy targets are now a defining feature of the global energy landscape, according to a new report by the International Renewable Energy Agency (IRENA). Renewable Energy Target Setting, launched on the side lines of IRENA’s ninth Council meeting, finds that 164 countries have adopted at least one type of renewable energy target, up from…
Renewable energy must be key component of U.S. energy policy, according to industry leaders
Energy industry leaders are meeting in Washington D.C. to discuss renewable energy as an important component of U.S. energy policy – key to addressing the issues of climate change, energy security, and economic development. The event, The Renewable Energy Transition, is co-organized by the International Renewable Energy Agency (IRENA) and the Atlantic Council Global Energy…
IRENA workshop to develop energy storage roadmap
The International Renewable Energy Agency (IRENA) will host their fourth workshop “International Energy Storage Policy and Regulation” at the Energy Storage Europe 2015 Conference and Expo, March 10 in Düsseldorf, Germany. The workshop will collect input and feedback on IRENA’s technology roadmap for electricity storage, due to be launched this summer. The roadmap will guide…
Report: the socio-economic benefits of solar and wind
The following is excerpted from the new IRENA report The Socio-economic Benefits of Solar and Wind: an econValue report. Foreword by Adnan Z. Amin, director-general of International Renewable Energy Agency. Renewable energy technologies have experienced rapid deployment over the past few years, mainly driven by the ambition to improve energy security, enhance energy access, and…
Key cost findings from international wind power analysis
This article is the introduction to the wind power section in a report from the International Power Generation Costs in 2012. The full report is available here: http://assets.fiercemarkets.com/public/sites/energy/reports/renewablegenerationcosts.pdf Wind power technologies come in a variety of sizes and styles although they can generally be categorized as horizontal axis or vertical-axis wind turbines, and whether they are…