IEA Special Report on Solar PV Global Supply Chains Updated On Fri, Jul 8th, 2022 by Saurenergy In this special report on Solar PV supply chains, the IEA has used inputs from global participants to highlight how the market has an unusual level of concentration in China presently. For solar PV supply chains, that is a dangerous situation to be in, as price volatility seen since 2020 has demonstrated. With concentration on […] Read more
IEA Report Pitches For More Diverse Solar Panel Supply Chains Updated On Thu, Jul 7th, 2022 by Saurenergy The IEA has released a report stating that if the world is to securely transition to net zero emissions, it has to augment efforts towards the expansion as well as diversification of the worldwide production of solar panels. Currently, China has a dominant position in the market with regards to the supply chains of solar […] Read more
Nuclear Power Can Catalyse Transition To Energy Systems Dominated By Renewables, Says IEA Updated On Tue, Jul 5th, 2022 by Saurenergy As per a report by IEA, nuclear power has the potential to enable countries to move towards energy systems that are dominated by renewables. The report states that countries that are accelerating their nuclear power or continuing its use stand to benefit as it nuclear power reduces dependence on imported fossil fuels, reduce carbon dioxide […] Read more
Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA Updated On Tue, May 17th, 2022 by Saurenergy A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
Faster Solar, Wind Deployment In IEA’s 10 point plan for Reducing EU Dependence on Russia Updated On Wed, Mar 9th, 2022 by Saurenergy The International Energy Agency (IEA), in a 10 point plan for Europe to reduce its dependence on Russian energy supplies, has made a strong pitch for more renewables, energy efficiency, and diversifying of suppliers, for Europe to reduce its dependence on Russia. The high energy dependence on Russia has stymied European efforts to counter the […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
Despite more RE invt, global eco recovery is ‘Uneven’, ‘Unsustainable’: IEA Updated On Thu, Oct 28th, 2021 by Saurenergy Spending on clean energy amounts to 3% of the USD 16.9 trillion that governments have so far mobilised to bolster their economies from the recession triggered by the Covid-19 pandemic, according to the latest update from IEA (International Energy Agency). The share is up from around 2% in July but still leaves global carbon dioxide (CO2) […] Read more
