Assets like power plants can become “stranded” by unanticipated or premature write-downs, devaluation or conversion to liabilities. This will happen to some degree in the transition to a low-carbon economy. However delaying action to address climate change would result in significantly more severe asset stranding, according to this analysis by the International...
The International Renewable Energy Agency (IRENA) has set out to produce comprehensive, reliable data sets on renewable energy capacity and use worldwide. The Renewable Energy Statistics 2017 yearbook shows data sets on renewable power-generation capacity for 2007-2016, renewable power generation for 2007-2015 and renewable energy balances for about 100 countries and...
Switching to biogas as vehicle fuel can reduce greenhouse gas emissions in the transport sector between 60% and 80% compared to fossil-based fuels like gasoline and diesel.
Ukraine has made a significant progress in recent years in planning the future of its energy system and developing a renewable-energy policy. By the year 2013, the increased use of renewable energy will reduce Ukraine’s overall energy system costs.
As solar photovoltaic (PV) power systems become increasingly competitive, continued market growth depends on assurances of performance and durability. Quality assurance protects and accelerates future PV investments, lowers capital costs, improves performance, extends module lifespans and lowers the resulting electricity costs.
Geothermal power is generated from underground heat. Found around the globe and available year-round, this largely untapped renewable energy source offers the advantage of steady, predictable large-scale power generation, in comparison to the higher variability of solar and wind power.
Energy-related emissions represent two-thirds of greenhouse gas (GHG) emissions. Immediate action is needed to start putting the world on a path to net-zero emissions, as per the Paris Agreement.
This joint study looks at the potential for decarbonisation in the energy sector in G20 countries and around the world. Chapter 3, “Global Energy Transition Prospects and the Role of Renewables”, highlights findings from the International Renewable Energy Agency (IRENA).
Indonesia is the largest country in the Association of Southeast Asian Nations (ASEAN), accounting for around two fifths of the region’s energy consumption. Energy demand across the country’s more than 17,000 islands could increase by four fifths and electricity demand could triple between 2015 and 2030.
The global stock of electric vehicles (EVs) reached 1 million in 2015 and exceeded 2 million by the end of 2016. Yet faster growth is needed for EVs to fulfil their role in the global energy transition, both through lowering vehicle emissions and boosting renewable energy use.