The rapid growth of renewable energy in recent years has been remarkable. Solar PV in particular has seen record growth last year and is on track to meet long term climate goals at this rate of deployment. Decreasing costs for both wind and solar energy, and strong government policy support have contributed to this impressive success story.
The role of electricity in our economies and societies is growing rapidly. The power sector is becoming a critical actor in the global energy system – with implications for all fuels, including renewables, natural gas, coal and nuclear, as well as most energy technologies.
New IRENA report outlines how increasing share of renewables to 34% can boost economy, and help meet emission reductions goals
Two offshore wind farms located off the German coast are the latest innovative renewable energy projects supported by the EU's NER 300 programme to enter into operation.
Transition to renewable energy continues in the European Union (EU) but has lost some pace in the past two years. According to new European Environment Agency (EEA) estimates, renewables accounted for 86 % of the EU’s new capacity for electricity generation installed in 2016. Overall, EU Member States also continue to cut more capacity from conventional sources than they install.
Some of the world’s largest multinationals and energy companies today issued a joint declaration urging EU Member States to support a renewable energy target of at least 35% by 2030. The declaration was signed by members of RE100, the World Business Council for Sustainable Development, Solar Power Europe and WindEurope.
The European Parliament and Council today reached a provisional agreement on a key legislative proposal for implementing the EU's 2030 climate objectives – on accounting of emissions from land use, land use change and forestry (LULUCF). They form part of the EU's policy to drive Europe's transition to a modern and clean economy.
The European Union (EU) and most of its Member States are on track to reach their 2020 targets on renewable energy and energy efficiency. However, recent increases in energy consumption are slowing down progress, according to a new analysis by the European Environment Agency (EEA).
A flurry of corporate renewable Power Purchase Agreements (PPAs) have been inked in recent weeks, providing major corporates with clean, reliable and competitively-priced power. The deals combine for a total of over 1 GW contracted in the last two weeks.
The potential for corporate sourcing of renewable energy in Europe is significant and largely untapped. To support its growth and bring a new stream of revenue into the European electricity market, it requires a consistent regulatory environment and awareness of this opportunity needs to be raised across a range of different stakeholders.