IRENA in the News

The week in energy: A look ahead to 2019

A week ago, the Financial Times published some of its writers’ predictions for 2019, including my inevitably speculative guess at the outlook for oil. The decline in the costs of electricity from renewable sources has not always been smooth. The database kept by Irena, the International Renewable Energy Agency, shows that the global average cost of power from onshore wind levelled off in 2014-16, for example. But over longer periods the decline, driven by economies of scale and incremental improvements in the technology, has been inexorable, and there is no reason to expect it to come to an end this year.

GSC wants 1 trillion mini-grids, 10 million solar jobs

“One trillion mini-grids, one trillion home lighting systems, one trillion solar PV ports, 10 million jobs and energy for all have-nots around the world. The GSC’s general assembly will be held in Abu Dhabi between January 14 and 16, 2019. There, Pranav R Mehta will endeavor, with representatives from various countries, the International Solar Alliance (ISA) and the International Renewable Energy Agency (IRENA), to create a detailed plan of action to achieve the “One trillion mini-grids, ports, lighting systems and 10 million jobs” objective.

Climate Policy In 2018 Centers On IPCC Warning & Continued Global Growth

As the year draws to a close it is only natural to look back at what has been, and forward at what might be. Global renewable energy generation capacity increased by 167 gigawatts (GW) in 2017, pushing the planet’s cumulative renewable energy capacity to 2,179 GW, according to numbers published in April by the International Renewable Energy Agency (IRENA).

As Global Markets Cool, Investors Find Warmth In Central Asia's Infrastructure

The long-anticipated global market correction may now be upon us. Worldwide stocks extend their losses over the weekend, leaving little room for optimism of a macroeconomic rebound. For instance, under the auspices of International Renewable Energy Agency (IRENA), the energy ministries of Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan, and Tajikistan have all pledged to pursue an accelerated build-out of renewable energy. 

  • Date: 12 December 2018
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  • Source: Forbes

Construction underway on West Africa’s ‘first utility scale wind farm’

The 158.7 megawatt Parc Eolien Taiba N'Diaye is set to be completed in 2020. The International Renewable Energy Agency has described Africa as being rich in renewable sources of energy such as the wind and sun.

  • Date: 11 December 2018
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  • Source: CNBC

Industry urges policymakers to catch up with technology at COP24

The Global Solar Council has released a 15 point plan, which is largely policy focussed, alleging that the industry has down its homework to slash the costs of solar. In a statement released, the GSC referred to a study by the International Renewable Energy Association (IRENA), which found that the world needs to increase renewable energy generation capacity by 76% in 2030 compared 2014, if it is to fully realize the nationally determined contributions (NDCs) set out in the Paris Agreement.

Energy transition needs managing or problems will grow (Subscription)

Challenges will emerge as fossil sources are squeezed out of the system, Irena's head of technology Dolf Gielen tells Leigh Collins. The energy transition is unstoppable, driven by low-cost renewables, digitalisation and cheaper electric vehicles (EVs)...

Renewable energy to enhance food security across world

Many developing countries lose 30-40% harvest due to lack of storage facilities. Adoption of renewable energy will help ensure food security across the globe, apart from fighting the climate change, a top official of the Abu Dhabi-based International Renewable Energy Agency (Irena) said.

Abu Dhabi Fund for Development commits US$50 mn for IRENA-recommended renewable energy projects

Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) are inviting applications for more than US$50 million in funding through the IRENA/ADFD Project Facility. The ADFD-financed initiative is available to government-guaranteed renewable energy projects in developing countries that seek to increase energy access, improve livelihoods and advance sustainable development.

Political leadership needed to confront existential threat of climate change, says IRENA chief

An alarming UN report warning the world that it has only 12 years left to avert catastrophic climate change is a serious wake-up call. Adnan Amin, director general of the International Renewable Energy Agency, called for political leadership and courage to confront this threat. 

Ten simple changes to help save the planet

In a new report published in September 2018, the world’s leading climate scientists made their starkest warning so far: our current actions are not enough for us to meet our target of 1.5C of warming. We need to do more.The latest report from IRENA found that several of the most commonly used renewables, like solar, geothermal, bioenergy, hydropower and onshore wind, will be on par with or cheaper than fossil fuels by 2020

  • Date: 05 November 2018
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  • Source: BBC

Renewables mini grids need good policy frameworks

The International Renewable Energy Agency says Asia is offering the largest amount of people mini grid access, with the development of such systems mostly led by governments. Global installed capacity reached 308 MW at the end of 2017.

The urgency of emissions reductions is increasing (VIDEO)

Adnan Amin of IRENA says emissions have not increased "substantially" from power generation in the electricity sector. Rather, they've increased in the end-use parts of the economy such as transportation and heating and cooling.

  • Date: 30 October 2018
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  • Source: CNBC

Can green bonds help us manage climate risk?

Ny-Ålesund is a leading centre for international Arctic scientific research and environmental monitoring. The stunning turnaround from a fossil fuel extraction base to leading climate science research site represents an apt analogy for the type of transition we need to make globally to manage the risks associated with climate change. IRENA estimates that there are now 10.3 million renewable energy jobs globally, a 5.3% increase from 2017. 

5 Areas Where Smart City Technology Improves Quality Of Life

When city residents measure their quality of life, there’s nothing abstract about it. A 2016 report by the International Renewable Energy Agency (IRENA) notes that cities account for 65% of global energy use and 70% of manmade carbon emissions.

  • Date: 25 October 2018
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  • Source: Forbes

End of 'sunshine tax' raises hopes for green energy in Spain (Subscription)

Solar is now to get a boost in Spain. Besides the end of the sunshine tax, the EU is dropping tariffs on cheap, high-quality panels from China. According to the International Renewable Energy Agency, the cost of solar power generation has fallen 73 per cent since 2010.

Clean Energy Could Dominate Egypt's Power at $6.5 Billion a Year

Egypt would need to more than double investment in clean energy to push the amount of electricity generated by renewables to over 50 percent, according to the International Renewable Energy Agency.

Solar And Wind Industries Unite To Rewrite Electric Market Rules, Want Fair Market, Not Subsidies

A new solar and wind group in Washington is writing new wholesale electric market rules for federal regulators in an effort to “level the playing field” by increasing the amount of electricity that comes from renewables. Over the years, several groups, including the American Physical Society, the Energy Department’s National Renewable Energy Laboratory, and IRENA have examined ways to increase renewable integration. They’ve even issued white papers.

  • Date: 10 October 2018
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  • Source: Forbes

Scientists Just Laid Out Paths to Solve Climate Change. We Aren’t on Track to Do Any of Them

Climate scientists have understood for decades that unchecked, man-made global warming will wreak havoc on human civilization. “The energy transition we need now for climate purposes needs to move much faster,” says Adnan Amin, who heads the International Renewable Energy Agency (IRENA). “We need policy mechanisms.”

Renewables 2.0: Preparing for the new complexity of renewable energy in a post-subsidy world

As the deployment of renewable energy continues to expand around the world, driven by various inputs, such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable energy. The International Renewable Energy Agency (IRENA) reports that by 2016 about 67 countries had adopted auction programmes.