The International Energy Agency’s (IEA) latest report on the renewable energy market has found that the rate of new renewable electricity capacity added in 2020 rose by 45%, compared to 2019. The 260GW of new renewable power capacity achieved last year resembles the fastest year-on-year rise...
Global carbon emissions fell by 7% last year as the COVID-19 crisis dented demand for all energy sources except renewables, the International Energy Agency (IEA) has found. The intergovernmental organisation’s executive director Fatih Birol said that renewables were the only segment of the energy sector showing...
Renewable energy capacity around the world will grow to record levels this year, while fossil fuel capacity will fall due to an economic slump caused by the COVID-19 crisis, the International Energy Agency (IEA) has found in a report. In its annual renewables outlook, the IEA...
Low oil prices and a sustained economic recovery could bring global oil consumption back to pre-crisis levels and beyond, according to the International Energy Agency’s executive director Fatih Birol. Birol warned governments that the COVID-19 pandemic will only reduce oil demand briefly, with consumption dipping in...
Renewable electricity will prop up global energy systems more than ever before this year following the COVID-19-induced collapse in demand for fossil fuels including oil, gas and coal. This assertion was made by the International Energy Agency (IEA) in its latest report on the global energy...
A fresh report from the International Energy Agency (IEA) has forecasted that the world’s renewable energy electricity generation will increase by 50% between 2019 and 2024, with solar PV at the centre of the growth curve. The IEA’s annual Renewables Report found that total renewables capacity...
Wind energy has been predicted to become the EU’s largest power source well before 2030 by the International Energy Agency’s (IEA) executive director Fatih Birol. Birol was speaking in a ministerial session at the Global Wind Summit in Hamburg, which consists of the WindEnergy expo and...
The RGN editorial team were present at the release of the International Energy Agency’s (IEA) Renewables 2017 report, which highlighted solar PV as the front runner of all energy sources in terms of capacity growth over 2016. IEA executive director Fatih Birol hailed the report as...
500,000 solar panels were installed everyday last year as renewable energy overtook coal as the world’s largest source of power capacity. A record-breaking surge in green electricity saw two wind turbines being installed every hour in countries such as China, according to International Energy Agency figures. The...