Decarbonization of the global energy trade: a $500 billion opportunity

Today’s global economy is enabled by a global energy trade, and countries around the world are dependent on the flows of oil, coal, and natural gas to keep their economies growing. As...

The Covid-19 crisis is hurting but not halting global growth in renewable power capacity

The world is set to build fewer wind farms, PV plants and other installations that produce renewable electricity this year because of the impact of the Covid-19 crisis, marking the first annual...

In 2019, CO2 emissions from energy use in the EU estimated to have decreased

Eurostat estimates that in 2019, the year before COVID-19 containment measures were widely introduced by EU Member States, carbon dioxide (CO2) emissions from fossil fuel combustion (mainly oil and oil products, coal,...

EU-funded project releases two online tools for searching tenders related to Renewable Energy Sources

XPRESS – an EU-funded project under Horizon 2020 R&I programme – provides support to Public Procurements to facilitate the collaboration between SMEs and public sector for the adoption of RES (Renewable Energy...

Strong sectoral integration required for 100% renewable energy system in Europe

As many EU member states prepare to ease COVID-19 lockdown measures, the policy agenda is now focused on economic stimulus packages to keep European industries on track. It is essential to ensure...

Global energy demand to plunge this year as a result of the biggest shock...

The Covid-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year set to dwarf the impact of the 2008...

Scale-up of solar and wind puts existing coal, gas at risk

Solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. Those two-thirds live in locations that comprise 71% of gross domestic...

Europe can achieve climate neutrality before 2050 with 100% renewable energy system

The report, 100% Renewable Europe: How to make Europe’s energy system climate neutral before 2050, was launched during a webinar with a presentation from Paula Abreu Marques, Head of Unit Renewables and...

Sweden, Spain the cheapest european markets for wind and solar corporate PPAs

Sweden and Spain respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price Survey. The first of its kind...

Renewables account for almost three quarters of new capacity in 2019

The renewable energy sector added 176 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...