
IRENA Members Call for Hydrogen Trade Beyond Borders
23 May 2022 | Articles
Geothermal, like bioenergy-fired electricity and hydropower, is among the cheapest forms of “always on” renewable generation where good resources exist, with costs as low as USD 0.04/kWh for the most competitive brown-field projects. Geothermal electricity generation is a mature, “always on” generation technology that utilises steam or hot water from geothermally active areas to provide highly competitive electricity where high-quality resources exist. Enhanced geothermal techniques can also make geothermal viable in areas without good resources.
Between 2007 and 2019, the LCOE of geothermal varied from USD 0.04/kWh for second-stage development of an existing field to as high as USD 0.17/kWh for greenfield developments in remote areas. The global weighted-average LCOE increased from around USD 0.05/kWh for projects commissioned in 2010 to around USD 0.07/kWh in 2019, although given the low level of new capacity additions, annual weighted-averages are quite variable.
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...