International Energy Agency (IEA)
The 5,500 GW of added capacity is enough to outpace the national goals of many countries but not quite enough to meet the target established at COP28: tripling the capacity by 2030.
Many recent projections for energy use have fossil fuel use plateauing after 2030, when it needs to rapidly decline to meet midcentury carbon targets, Resources for the Future said.
Worldwide CO2 emissions hit a new record in 2023 but would have climbed even higher without the rapid adoption of clean technology.
Coming off the Earth’s hottest summer on record, the conference zeroed in on the public-private partnerships needed to optimize the impact of every penny of the billions in clean energy funding in the IIJA and IRA.
The building sector has the potential to move from being a massive emissions source to a carbon sink, a new report said.
A new IEA report shows sharp increase in critical minerals production and flags potential headwinds to continued growth.
An IEA report sees continued sharp sales growth for EVs as they benefit from major new policies in the U.S. and European Union.
The IEA Global Methane Tracker found emissions of the greenhouse gas rose last year, but offered cost-effective solutions to bring them down.
Ninety percent of new generation built to meet global electricity demand over the next three years will be renewables and nuclear, according to a new report.
Driven by global energy security concerns and new government support, renewable energy could see unprecedented growth in the next 5 years, according to IEA.
Want more? Advanced Search