New Delhi [India] : Renewable sources are expected to dominate the growth of the global electricity supply over the next three years as together with nuclear power they meet the vast majority of the increase in global demand, according to a new International Energy Agency (IEA) report. The rise in the adoption of renewables would […]
Two years from now, India will see biggest percentage growth in energy consumption: IEA – EQ Mag
Asia will consume half of the world’s power for the first time by 2025 By 2025, Asia will consume half of the world’s power for the first time, noted a new forecast released by the International Energy Agency (IEA). Nearly 70 per cent of the increase in the world’s power demand is estimated to come […]
Know your hydrogen – EQ Mag
Hydrogen is the lightest and the most abundant element in the universe and is what the stars are mostly made of. It has one proton, one electron and no neutron. However, very few hydrogen atoms do have one neutron – such hydrogen is called Deuterium. Even fewer have two neutrons and those are called Tritium. […]
World enters ‘new age’ of clean energy manufacturing: IEA – EQ Mag
The world is at the “dawn of a new industrial age” of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency said on Thursday. The global market for key mass-manufactured technologies including solar panels, wind turbines, electric vehicle batteries, heat pumps and electrolysers for […]
Coal Demand To Remain Robust In 2023 – EQ Mag
Despite bold climate pledges from a plethora of major world powers, it seems that many are unable to break their addiction to coal, as consumption is set to hit an all-time high (once again). Several countries have launched climate strategies that include the phasing out of coal production and use over the coming decades, however […]
Global renewable energy capacity set to double over next 5 years: IEA – EQ Mag
Global renewable energy capacity is expected to almost double in the next five years as the ongoing energy crisis is driving a sharp acceleration of installations of renewable power projects. Global renewable power capacity is expected to grow by 2,400 gigawatts (GW) over the 2022-2027 period, which will allow it to overtake coal as the […]
‘Dispatchable’ renewables in spotlight after upbeat IEA report: Maguire – EQ Mag
LITTLETON : This week’s upbeat renewable energy supply outlook by the International Energy Agency (IEA) contained an important but overlooked lament about the slow roll-out of so-called dispatchable renewable energy sources. The main takeaways from the IEA outlook were that renewable energy development has been supercharged by the fallout from the Russia-Ukraine war, and that […]
Global renewables capacity set to double over next five years: IEA – EQ Mag
LONDON : Global renewable power capacity growth is set to double over the next five years, driven by energy security concerns in the wake of Russia’s invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday. In an annual report on the outlook for renewables, the IEA said capacity worldwide is expected to grow […]
10-Point Action Plan to Help Industries Adapt and Enhance Energy Efficiency – EQ Mag
Independent report highlights 10 actions to help industrial users improve their energy efficiency, and reduce emissions right now Improving energy efficiency will reduce energy bills and emissions substantially in the short- to mid-term, without compromising productivity Industry is the world’s largest consumer of electricity, natural gas and coal, and accounts for 42 percent of electricity […]
Closing the climate finance gap – A rapid yet sustainable scale-up of financing is critical to realise the Global Net Zero ambition – EQ Mag
The pathways to limit temperature rise to below 1.5 0C goal have pretty much disappeared, and catastrophic impacts of climate change are well and truly upon us. Bending the emissions curve at scale and speed, to keep the planet habitable is among the most pressing challenges humanity needs to contend with in the ensuing years. […]