October 16, 2020 by IRENA 2 Comments

The rapid pace of change in the energy sector is a positive sign for the transition. But the disruption it causes creates another big problem. It makes it harder to predict what will happen next. That makes strategies and pathways harder to design, and increases the risk of stranded assets. To try to come to grips with that future, Sean Ratka, Paul Durrant and Francisco Boshell summarise the findings of IRENA's 4-day “Innovation Week” held last … [Read more...]

Filed Under: Buildings, Energy, Industry, Transport and energy Tagged With: biomass, buildings, CCS, Digitalisation, electrolysers, hydrogen, industry, innovation, investment, renewables, transport

June 6, 2019 by IRENA

95% of a car’s time is spent parked. It’s why parked and plugged-in EVs could be the battery banks of the future, stabilising grids powered by wind and solar. More than 1bn EVs could be on the road by 2050, their 14 TWh of EV batteries dwarfing the projected 9 TWh of stationary batteries, according to the IRENA report “Innovation Outlook: smart charging for electric vehicles”. Smart charging could therefore save billions of dollars in grid … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: electricity, Enel, EVs, grid, Nissan, Nuvve, storage, Stromnetz

January 15, 2019 by IRENA

A new report by the Global Commission on the Geopolitics of Energy Transformation says the new energy age will profoundly reshape relations between states and regions. It will bring “A New World” of power, security, energy independence and prosperity. It will also reshape the geopolitical map, just as fossil-fuels have done over the last 200 years. No nation will be unaffected. … [Read more...]

Filed Under: Climate policy, Energy, Oil, Gas & Coal, Renewables Tagged With: Africa, Americas, Asia, Energy, Europe, fossil-fuels, geopolitics, ghg, IRENA, minerals, renewable, solar, transition, wind