IRENA Members embrace framework on Just & Inclusive Energy Transition Updated On Mon, May 31st, 2021 by Saurenergy Representatives from over 50 IRENA member countries gathered for the first meeting of the Collaborative Framework for Just and Inclusive Energy Transitions. The meeting took place during the last week’s IRENA Council and was co-facilitated by the United States and South Africa. As IRENA members are stepping up action to meet global climate objectives and […] Read more
Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA Updated On Thu, May 27th, 2021 by Saurenergy Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […] Read more
Council Meets with Spotlight on Energy Transition & Food Systems: IRENA Updated On Fri, May 21st, 2021 by Saurenergy The 21st meeting of the Council will be held virtually on 25th and 26th May More than 280 representatives from 96 countries will gather virtually to attend the 21st Council of the International Renewable Energy Agency (IRENA), next week as countries continue to calibrate energy policy in line with the achievement of sustainable development goals […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
India H2 Alliance Formed With Focus on Hydrogen in the Energy Transition Updated On Wed, Apr 7th, 2021 by Saurenergy The India H2 Alliance is focussed on commercialising hydrogen technologies and systems to build net-zero carbon pathways in India. Global energy and industrial majors have come together to form a new energy transition coalition, the India H2 Alliance (IH2A), focussed on commercialising hydrogen technologies and systems to build net-zero carbon pathways in India. IH2A has […] Read more
Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report Updated On Thu, Apr 1st, 2021 by Saurenergy The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […] Read more