IRENA’s latest global cost study shows solar and wind power reaching new price lows. The report highlights cost trends for all major renewable electricity sources.
This paper examines the potential of hydrogen fuel for hard-to-decarbonise energy uses, including aviation, shipping and other. But the decarbonisation impact depends on how hydrogen is produced.
The world needs USD 110 trillion worth of energy investments by 2050 for a climate-safe system. Currently planned fossil-fuel investments must be largely redirected into renewables, efficiency and other clean technologies.
This Commission Report analyses the geopolitical implications of the accelerating global shift to renewables. It is the culmination of deliberations by the Global Commission on the Geopolitics of Energy Transformation.
As the world strives to cut carbon emissions, electric power from renewables has emerged as a vital energy source. Fuel needs for transport and industry, meanwhile, could be met with renewable-based hydrogen.
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.
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 facilities, combined with better combinations and reduced use of materials.
Liberalised electricity markets require timely adaptation to support higher shares of variable renewable energy and distributed power generation. This study presents the latest knowledge on the adaptation process for such markets, aiming to inform policy makers, regulators and system operators on the options available.
This report highlights the findings from AVRIL (“Addressing Variable Renewable Energy in Long-term Energy Planning”), a project by IRENA that has identified the best practices in long-term planning and modelling to represent high shares of VRE.