
IRENA Members Call for Hydrogen Trade Beyond Borders
23 May 2022 | Articles
With the falling costs of renewable power generation technologies, the focus is increasingly moving to the next stage of the energy transition, leading to a shift in emphasis towards an energy system approach that seeks to integrate different technologies and sectors. This, in turn, will minimise the cost of the transition to an energy future in which variable renewables and electric vehicles will play an increasing role.
This shift in dynamic as the energy transition accelerates has served to highlight numerous new technologies, market designs, business models and “systems thinking” at the energy sector level that will be required – and will become economic – in this second stage of the energy transition. The role of battery energy storage systems (BESS) for stationary and transport applications is therefore gaining prominence.
IRENA is tracking the current costs and performance of BESS and is monitoring how the value of these systems in different applications and international markets is likely to evolve over time (e.g., increasing self-consumption of rooftop solar PV, the provision of grid services such as frequency regulation or ramping needs, as well as peak power demand shaving in industry, etc.).
Collaborative Framework on Enhancing Dialogue on High Shares of Renewables in Energy Systems
02 June 2022 |Virtual
The meeting will provide a platform for an exchange of experiences and best practices regarding the...
Consultative Workshop on IRENA North African Power Pool Modelling
21 March 2022 | Virtual
Two-day online workshop was realised to follow up on the high-priority issues identified by regional...
Accelerating the Energy Transition in Colombia Renewable Energy Auctions
16 February 2022 | Virtual
This virtual event aimed to present the case study of renewable energy auctions in Colombia and at...