Global Access to Electricity is Growing, but Falling Short of Sustainable Energy Goals Updated On Thu, May 23rd, 2019 by Saurenergy Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […] Read more
India Finally Investing More in Solar than Coal: IEA Updated On Tue, May 21st, 2019 by Saurenergy Renewable energy investments in India are finally outpacing its expenditure on fossil fuel power generation says IEA The International Energy Agency (IEA) has revealed in a new report on worldwide energy investment that the world’s third-largest emitter of greenhouse gases after China and the United States, and home to more than one-sixth of humanity India […] Read more
Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back Updated On Tue, May 14th, 2019 by Saurenergy A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […] Read more
IEA Offers Insight to Morocco’s Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The International Energy Agency (IEA) has in its latest in-depth review of Morocco’s energy policies, highlighted the institutional, legal and fiscal reforms undertaken to promote the sustainable development of the country’s energy sector. Since the last review in 2014, the agency noted the government’s positive efforts to boost renewable investment, provide access to electricity, and […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
Sweden Comes Out on Top in IEA’s Energy Transition Country Review Updated On Fri, Apr 12th, 2019 by Saurenergy Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all IEA member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy transformation through market-based policies that focus on energy efficiency and renewable energy, notably CO2 taxation, which has […] Read more
India, China and US Account For 70% of Rise in Energy Demands: IEA Updated On Tue, Mar 26th, 2019 by Saurenergy IEA’s new report reveals that India, China and the US accounted for 70% of the global rise in energy demands last year, as demands were at a 10 year high. India, China, and the US together accounted for nearly 70 percent of the global rise in energy demands in 2018, according to a new report “The Global […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
Solar will Become More Competitive than Coal by 2040: IEA Updated On Wed, Nov 14th, 2018 by Saurenergy IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […] Read more