This report highlights the latest trends for each of the main renewable power technologies, based on the latest cost and auction price data from projects around the world. Among the report’s key findings: Renewable power generation costs continue to fall and are already very competitive to meet needs for new capacity. Auctions are rapidly driving down costs in...
This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector.
This report evaluates Thailand’s options for power generation, transport development, thermal and bioenergy use, and identifies the key challenges in scaling up renewables.
Battery electricity storage is a key technology in the world’s transition to a sustainable energy system. This study shows that battery electricity storage systems offer enormous deployment and cost-reduction potential. By 2030, total installed costs could fall between 50% and 60% (and battery cell costs by even more), driven by optimisation of manufacturing...
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).
Ambitious national commitments, international agreements and rapid technological progress have prompted countries around the world to turn increasingly renewable energy to expand their power infrastructure. However, the variability of solar and wind energy – two key sources for renewable power generation – presents new challenges.
Increasing economies of scale, more competitive supply chains and further technological improvements will continue reducing the costs of solar and wind power. The same factors will also boost the availability of these key renewable power sources at night and in varying weather conditions.
Increasing the share of renewable power from variable sources, namely solar and wind energy, requires technological developments to be accompanied by well-designed regulations for grid management and operation.
Mongolia can use its vast renewable energy resources to bolster energy security, reduce pollution, meet global climate commitments and develop regional electricity exports, finds this report prepared jointly by IRENA and Mongolian Ministry of Energy. Electricity output from the country’s solar and wind resources alone could reach 15,000 terawatt-hours per year.
This brief by China Water Risk and IRENA examines the expected impact of China’s power sector on water and climate in 2030. Building on plans announced at the COP21 climate change conference in Paris, and earlier analyses by China Water Risk and IRENA, it assesses the impact of different options for China’s power mix in 2030 on water use and carbon emissions. As the findings...