IEA: CO2 emissions set to hit record levels in 2023
Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy…
IEA: Hydro energy needs to be relaunched to achieve climate neutrality
Hydroelectric power generation capacity is vital for faster integration of wind and photovoltaic energy, but nevertheless its growth rate would…
Wind industry installed a record 93 GW of new capacity in 2020, up 53%
The wind industry installed a record 93 GW of new capacity in 2020, a 53% year-on-year increase, demonstrating the sector’s…
IEA: Developing nations need $1-trillion clean energy investment to reach carbon neutrality
Annual clean energy investment in emerging and developing economies needs to increase by more than seven times – from less…
IEA calls for more investment in clean energy to reach zero emissions by 2050
Energy investment is expected to recover by almost 10% in 2021 as the world emerges from the COVID-19 pandemic, but…
IEA: Electric car sales are accelerating, but government support is needed
Global sales of electric cars are strong, but governments need to do more to encourage their development, requiring action on…
IEA warns that CO2 emissions will return to pre-pandemic levels in 2021
The International Energy Agency (IEA) has warned that global CO2 emissions, which fell in 2020 amid the COVID-19 pandemic, will…
Industry requests 4 bln. euro through PNRR for the energy efficiency of buildings
Some of the most important professional and employers’ associations in the field of energy efficiency of buildings propose to the…
IEA: Energy demand will fall by 5% and CO2 emissions by 7% in 2020
Energy demand will be reduced by 5% this year and CO2 emissions by 7% as a result of the crisis…
Enel Green Power announces plans for first pilot project for green hydrogen production in Chile
Enel Green Power Chile (EGP Chile), a subsidiary of Enel Chile, is planning to participate with Chilean power company AME…
IEA expects a slowdown in oil demand in 2020
International Energy Agency (IEA) has worsened its oil demand estimates for 2020 amid reduced air travel, continued long-distance work and…
PwC: The energy demand shock of 2020 is the largest in the last 70 years
In recent months, the energy sector has suffered a double shock: due to the COVID-19 pandemic and the disruption of…
Oil, gas, coal could lose two-thirds of value by 2070
Business in oil, gas and coal is becoming increasingly unprofitable as global fossil reserves could lose around two-thirds of their…
IEA report: Quarantined countries, 25% drop in energy demand
Bogdan Tudorache Countries in full quarantine face an average 25% decrease in energy demand compared to previous levels, and countries…
IEA: Global carbon dioxide emissions flatlined in 2019
Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to IEA data released…
Soaring SUV sales keep carmakers on collision course with climate policy
Soaring demand for SUVs drove record sales for premium carmakers including BMW and Mercedes last year, leaving the industry on…
IEA – Coal remains a major fuel, with 40% of generation
Bogdan Tudorache Coal remains a major fuel in global energy systems, accounting for almost 40% of electricity generation and more…
Competitive auctions will launch over 67% of utility-scale renewables – IEA
Government support for new utility-scale capacity is being replaced with competitive auctions, the surest sign that the commercial appetite for…
IEA: Renewable energy is gaining more ground worldwide
The percentage of renewable energy used globally would increase by 50% over the next five years, determined by the expansion…
IEA: Huge oil glut coming in 2020
The oil market saw a rather significant surplus in the first half of 2019, much larger than previously expected. Looking…
IEA rings alarm bell on phasing out nuclear energy
A steep decline in nuclear energy capacity will threaten climate goals and power supply security unless advanced economies find a…
Global energy investments rebound, thanks to fossil fuels
Global energy investments stabilized last year after three years of decline, due to greater spending on oil, natural gas and…
Investment in renewables must double to reach Paris goals
The world must double spending on renewable power and slash investment in oil and coal by 2030 to keep the…
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