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Responding to the International Energy Agency report, Niall Stuart, Chief Executive of Scottish Renewables: “This puts into context the level of financial support given to fossil fuel based electricity generators such as coal and gas compared to renewable energy. “We hope these figures will silence the vocal minority of naysayers who repeatedly claim renewable technologies […]
The global energy map is changing in dramatic fashion, the International Energy Agency said as it launched the 2012 edition of the World Energy Outlook (WEO). The Agency's flagship publication, released in London, said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the […]
China has announced it will join the International Renewable Energy Agency (IRENA), a milestone in international efforts to double the share of renewable energy worldwide by 2030. The accession of China – a world leader in technology manufacturing and the use of wind, solar and hydropower – marks a major step toward universal membership for […]
Chinese wind turbine maker Envision, Denmark's LM Wind Power, and the Danish Export Credit Agency have launched a multi-party financing initiative to foster global business development. In early March 2019, the Danish Export Credit Agency (EKF) issued a buyer credit letter to Envision enabling the company to access funding for global business development. The funds […]
Development of Australia’s first offshore wind farm, the 2GW Star of the South, has been stalled by Energy Minister Angus Taylor’s failure to sign off on an exploration license allowing a detailed assessment of the wind resource to commence, according to the Maritime Union of Australia (MUA). The Department of the Environment and Energy confirmed […]
Offshore Wind Magazine interviews Brent Wanner, the International Energy Agency’s lead of power generation analysis in the World Energy Outlook team, to find out more about what its global comprehensive analysis, which extends beyond the memberships, is revealing about the future development of offshore wind. Brent Wanner has been with the IEA focused on power […]
The main driver behind the forecast that wind energy will become the largest power source in the European Union well before 2030 is the EU's decision to raise the 2030 renewable energy target to 32%, which has come as a result of the industry and government's conclusions that the 27% target set in 2016 is not enough, given the progress made within the sector.
Over the years, Offshore Energy & Conference (OEEC) has become a place of choice for trade missions led by industry organizations, professional membership organizations and governments.
The development and adoption of international standards in the offshore wind sector could reduce transaction costs, improve safety and reliability, as well as increase consumer and investor confidence, according to a new report by the International Renewable Energy Agency (IRENA).
The International Renewable Energy Agency (IRENA) and the State Grid Corporation of China (SGCC), the world’s largest utility, agreed to enhance their co-operation with a view to advancing the energy transition under global and regional initiatives, including the Paris Agreement and the Belt and Road initiative.
80% of power generation and 65% of total primary energy supply should come from renewables if global energy-related carbon dioxide (CO2) emissions are to be reduced by 70% by 2050 and completely phased-out by 2060, according to new findings released by the International Renewable Energy Agency (IRENA). While the overall energy investment needed for decarbonising the […]
As a result of major transformations in the global energy system that will take place over the next decades, renewables and natural gas are the big winners in the race to meet energy demand growth until 2040, according to the latest edition of the World Energy Outlook, published by International Energy Agency (IEA). IEA today presented […]
NOF Energy, the business development organisation for oil, gas, nuclear and offshore renewables sectors, has forged a new partnership with UK Export Finance (UKEF) to support supply chain companies’ international trade ambitions. UK Export Finance is the UK’s export credit agency and a government department, working alongside the Department for International Trade to support British […]
Global energy investment fell by 8% in 2015, with a drop in oil and gas upstream spending outweighing continued robust investment in renewables, electricity networks and energy efficiency, the International Energy Agency (IEA) said in a new report. The World Energy Investment 2016 (WEI 2016) report, a detailed analysis of investment across the global energy system, shows […]
The cost of producing electricity via wind power is expected to fall 24-30 percent by 2030 and 35-41 percent by 2050, according to a new survey which covered three wind power applications: onshore wind, fixed-bottom offshore wind, and floating offshore wind. Cost reductions are anticipated as a function of continued advancements in wind energy technology. The findings […]
The International Renewable Energy Agency (IRENA) has launched a new version of the Global Atlas for Renewable Energy, the online renewable energy mapping platform, which now allows users to download resource data for offline analysis, and to print and export map images. The enhancements include an online GIS interface, datasets for five renewable energy technologies that cover […]
Arantxa Tapia, the minister for Economic Development and Competitiveness of the Basque regional government, highlighted the role of the wind industry for the future of the Basque Country’s economy at an event held on 14 April in Bilbao. During the opening session at the 3rd edition of the Analysis of Operating Wind Farms workshop, hosted […]
South Korean Agency for Technology and Standards (KATS) is hosting meetings on Jeju Island this week, in an effort to obtain international certification for the country's renewable energy technology from the International Electrotechnical Commission (IEC). On Thursday and Friday, IEC will hold a meeting on wind power technology, including floating offshore wind turbines designed by Korean companies. […]
The European Union and India have adopted a Joint Declaration on a clean energy and climate partnership, vowing to cooperate on solar and offshore wind energy development, smart grids, energy efficiency, energy research and innovation. Under the partnership, both the EU and India will share views on policy and regulatory approaches, promote business solutions and support […]
Global energy-related carbon dioxide emissions (CO2), the largest source of man-made greenhouse gas emissions, stayed flat for the second year in a row as renewable energy surged, according to analysis of preliminary data for 2015 released today by the International Energy Agency (IEA). “The new figures confirm last year’s surprising but welcome news: we now […]
The opening day of Oceanology International 2016 will see a conference session exploring some of the steps being taken to achieve cost reduction in marine renewable energy. Co-chairs of the day-long session, Nick Murphy, SeaRoc's Head of Operations, and Tony Hodgson, Fugro's Global Business Development Manager – Renewable Energy, said: “We will start by exploring some of the […]
Ireland and France have signed an agreement in Paris at the International Energy Agency (IEA) biannual Ministerial Meeting to strengthen their ties and grow cooperation in the field of renewable energy. The agreement follows a successful development of the Ireland France roadmap including the establishment of the Ireland France Sustainable Energy Forum which was agreed by French Prime […]
India's Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to the National Offshore Wind Energy Policy. With this approval, the Ministry of New & Renewable Energy (MNRE) has been authorized as the Nodal Ministry for use of offshore areas within the Exclusive Economic Zone (EEZ) of the country and […]
The cost of producing electricity from renewable sources like wind and solar has been falling for several years. The report, Projected Costs of Generating Electricity: 2015 Edition, a joint project by the International Energy Agency and the Nuclear Energy Agency, calculates the cost of producing electricity from different types of new power plants. Compared with […]
Smartphone users can now access the most reliable data on global renewable energy potential, for free, thanks to an application launched by the International Renewable Energy Agency (IRENA). The Global Atlas pocket, now available on all platforms including BlackBerry® 10, iOS, Android™ and Windows Phone®, is the only global tool of its kind, combining 1,000 […]
Asia has made huge strides in developing clean energy over the last decade but the region must boost clean energy investment, energy efficiency, and innovation if it is to meet rising demand and cope with a changing climate, said Bindu N. Lohani, Asian Development Bank (ADB) Vice-President for Knowledge Management and Sustainable Development. “Renewables are […]