Vietnam will prioritise the development of renewables as the country’s government announces its ambition to invest around US$130 billion in new power plants and transmission networks over the next ten years
The Australian state of Victoria has started a process to test industry interest and capacity for new solar, wind and other renewable energy projects.
According to the International Energy Agency’s Key World Energy Statistics report, just released China continues to be the world’s largest producer of renewable power from wind as well as solar photovoltaics.
The International Energy Agency (IEA) has released new data that shows coal-fired power generation has suffered the most in COVID-19’s effect on energy use, while renewable energy use continued to surge.
COVID-19 has exposed the fragility and inequities of the old economy. On June 5, the Philippines’ Congress Committee on Climate Change approved House Resolution 761 calling for a climate emergency response, which includes not permitting any new coal plants. Such a measure would support of the Department of Energy’s earlier caution against an overreliance on inflexible technologies such as coal that cause grid instability.
Where developers struggle to raise funds, crowdfunding platforms can help clean energy projects get off the ground. But what are the risks involved in such investments, and what should individuals look out for before committing their money?
The International Energy Agency (IEA) has urged world countries to drive a doubling of renewable investment this decade, helping reverse a flatlining aggravated by the COVID-19 outbreak.
As manufacturing industries gain ground in its primarily agriculture-based economy, Bangladesh is expected to double its imports of fossil fuels in the coming decade and will miss its 2020 clean energy target.
South Australia has accelerated a timeline for renewable energy to provide 100 per cent of its electricity needs, with plans to hit the ambitious target by 2030.
Australia’s main electricity grid was powered by 50 per cent green energy on Saturday, the second time ever this has happened.
The use of fossil fuels such as coal and oil for generating electricity fell in 2019 in the United States, the European Union and India, at the same time overall power output rose, a turning point for the global energy mix.
Far from tackling climate change, nuclear power is an expensive distraction whose safety is threatened by wildfires and floods, experts say.
A new report finds some of the biggest electricity users in Australia should negotiate power agreements sourced from renewable energy suppliers to support the financial viability of renewable energy projects in Australia and reduce their carbon emissions.
The only realistic solution to the climate crisis is to replace fossil-fuel-based energy with renewables quickly and cost-effectively enough to keep the engines of economic growth running. A global carbon market would do just that.
In a new milestone that experts say will become increasingly normal, Australia’s main electricity grid was briefly powered by 50 per cent renewable energy this week.
Vietnam’s government has boasted of a number of grid upgrades have been completed by monopoly utility EVN ahead of schedule, but the transmission network still has a long way to go to catch up with renewable energy additions.
Energy demand is booming, but government policies signal continued reliance on oil, gas and coal. Much stronger action is needed to improve renewables deployment and energy efficiency, said IEA in a new report.
This report, prepared jointly by the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA) and the Renewable Energy Policy Network for the 21st Century (REN21), identifies key barriers and highlights policy options to boost renewable energy deployment.
Read more: https://www.irena.org/publications/2018/Apr/Renewables-Readiness-Assessment-Pakistan
Read more: https://www.cnbc.com/2018/02/23/cost-not-climate-is-driving-transition-to-renewables-blackrocks-jim-barry.html