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EU signs new rules to achieve greater energy efficiency

The European Parliament signed new rules on renewables, energy efficiency and the governance of the Energy Union. This enables the European Union to move towards clean energy transition, and follow on the already adopted 2030 climate legislation, as well as meet the Paris Agreement goals.

IEA: Energy demand to rise by over 25% until 2040

IEA published the World Energy Outlook 2018, which includes global energy trends and their possible impacts on supply and demand, carbon emissions, air pollution, and energy access. With today’s policies, WEO’s New Policies Scenario says that energy demand will rise by more than 25% to 2040.

New project aims to advance use of solar heat

Solar Heat Industrial Processes deployment is very low because of economic competitiveness, low prices of fossil fuels charged to industries and to the complexity of their integration in existing industrial processes. SHIP2FAIR project aims to solve this issue using competitive and environmentally friendly solar technologies.

Ireland releases plan to advance renewable energy

The Irish Minister for Communications, Climate Action and Environment, Denis Naughten, T.D. received Government approval for the new Renewable Electricity Support Scheme. The new Scheme aims to introduce sufficient renewable electricity generation to meet national and EU-wide renewable energy and decarbonisation targets out to 2030.

IEA: 2017 global energy investment fails to keep up with sustainability

Global energy investment totaled USD 1.8 trillion in 2017, a 2% decline in real terms from the previous year, according to IEA’s World Energy Investment 2018 report. The electricity sector attracted the largest share of investments in 2017, exceeding the oil and gas industry for the second year in row.

China stops approval of subsidised solar power stations in 2018

As global energy consultancy Wood Mackenzie reports, China will stop approving subsidised utility-scale solar power stations in 2018 and put a cap on distributed projects at 10GW. This shocked the stock market, with solar companies dropping by 15% in the two days after the announcement.

World’s first renewables and hydrogen ship arrives in Athens

‘Energy Observer’, the world’s first ship powered by renewables and hydrogen, arrived at Flisvos Marina in Athens. The Greek capital is the 20th stopover of its world tour, which aims to raise awareness on energy transition. Because it is powered by renewables, and due to its double storage composed of batteries and hydrogen, the vessel can achieve energy autonomy.

Renewables accounted for 49% of power generation growth in 2017

The power sector is the single biggest market for energy, absorbing over 40% of primary energy in 2017, and leading the energy transition, through renewables and electrification, according to BP’s Statistical Review of World Energy. Renewables accounted for almost half of the growth in power generation (49%).

Transition to a sustainable energy system is too slow, says Equinor

The transition to a more sustainable energy system is too slow. A sustainable development path, consistent with the Paris Agreement target, does not allow for further delays in policy, industry and consumer action to reduce emissions, according to Equinor’s new Energy Perspectives report.

New study to provide data to improve renewable energy sector

RINA will conduct a study on “Research needs on the use of Earth observation data for the benefit of renewable energy exploitation and deployment.” The study aims to provide the European Commission with an in-depth analysis of how Earth observation data are currently used in six renewable energy sectors.

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