Renewable Energy Solutions for Climate-Safe Cities

Renewable energy solutions can be the backbone of urban decarbonization efforts, a new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) on the Rise of renewables in cities: Energy solutions for the urban future finds. Responsible for over 70 percent of total energy-related CO2 …

BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to …

Staying the Course on Clean Transport Fuels in Latin America

Modern bioenergy is an often-overlooked giant among renewable energy sources, accounting for half of the world’s renewable energy consumption. Biofuels are by far the largest source of clean transport fuels, with almost a quarter of the demand coming from Latin America. Biofuels have numerous benefits for the region, from ensuring …

Renewables Account for Almost Three Quarters of New Capacity in 2019

The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according to new data released by the International Renewable Energy Agency …

Renewable Power ‘Already Cheapest Kind of Electricity in Many Countries’

Renewable power is already the cheapest source of electricity in many parts of the world. That’s the verdict from a new report published by the International Renewable Energy Agency (IRENA), which suggests the cost advantage of renewables will extend further as prices continue to fall in the next decade. It …

Most Technologies and Sectors ‘Not Keeping Pace with Long-Term Energy Goals’

Most technologies and sectors are not keeping pace with the long-term goals of the clean energy transition. That’s according to the International Energy Agency (IEA), which suggests many types of energy asset are not adequately working towards its Sustainable Development Scenario (SDS) targets to tackle climate change, deliver energy access …

Forests Storing Greenhouse Gases ‘Crucial to Tackling Climate Change’

UK scientists say replacing forests with crops for bioenergy power stations that capture carbon could instead increase the amount of emissions. Carbon capture technologies will help curb the world’s efforts to tackle climate change but it may be better to simply maintain forests in certain areas. Scientists say trying to …