World investing twice as much in renewables as fossil fuels

World investing twice as much in renewables as fossil fuels – IEA

Investments In Renewable Energy Exceed Fossil Fuel Expenditures

When the IEA compared it estimates for 2023 with the data for 2021, it found that annual clean energy investments have risen much faster than ...

World shift to clean energy is unstoppable, IEA report says - BBC

The world is shifting rapidly to clean energy but still investing too much in fossil fuels, the IEA says.

Understanding the U.S. Renewable Energy Market

The United States' renewable energy sector, already the second largest in the world, is poised for strong growth. Bolstered by growing demand for clean ...

$2 trillion a year needed to triple global renewables by 2030

We're set to invest over $6 trillion in fossil fuels over this decade – more than enough to close the tripling investment gap. Faced with ...

Global Energy Outlook 2024: Peaks or Plateaus?

Renewables have increased substantially, and fossil fuel demand (particularly coal) has declined, resulting in a peak in CO2 emissions by 2030.

Energy innovation investment and renewable energy in OECD ...

The IEA, for example, estimates that the energy sector alone accounts for about 53 % of the efforts required to tackle the global climate challenges [8]. It ...

IEA Boosts Renewables Forecast by Two-Thirds, Projects 2.7x ...

The International Energy Agency (IEA) increased its forecast for global renewable energy deployment this decade by two-thirds in a major report released ...

Two-Thirds of Global Energy Investments Going to Clean Energy Tech

Two-thirds of global energy investments will go to clean technologies this year, according to the International Energy Agency (IEA).

IEA: Annual electricity grid investments must double to keep 1.5C alive

The International Energy Agency warns that global investment in grids must double by 2030 to enable a successful transition to renewable ...

The world will gain enough renewable energy in 5 years to power ...

Global renewable power capacity is set to grow as much in the next five years as it has over the past two decades, as soaring energy prices ...

'Unstoppable' shift to clean energy will see demand for fossil fuels ...

By 2030, ten times as many electric cars could be on the road worldwide, solar power could generate more electricity than the entire US system ...

Investment in clean energy must triple by 2030 to curb climate change

Renewables will account for more than two-thirds of investment in new power capacity this year, the IEA noted, yet a sizeable gain in coal and ...

Who is funding fossil fuel expansion? – DW – 11/12/2024

Although global investment in clean energy this year is set to be twice that plowed into fossil fuels, the IEA has criticized oil and gas ...

The International Energy Agency consistently underestimates wind ...

Since then, IEA has become a widely respected source of energy data and analysis. Its annual World Energy Outlook (WEO) is considered the gold ...

IEA: Renewable energy 'unstoppable,' fossil fuels will peak by 2030

Offshore wind projects alone will receive three times as much funding as coal and gas power plants, and the number of electric cars on the road ...

COP29 Azerbaijan - United Nations Climate Change Conference

The COP29 Global Energy Storage and Grids Pledge, which is informed by the IEA's work, marks an important step forward. We urge governments around the world to ...

Evolution of renewable energy: How energy use has changed over ...

The cost of new solar PV and onshore wind energy installations has fallen by 3-10% annually since 2010 to reach parity with fossil fuel facilities. And, in ...

Wind and solar are 'fastest-growing electricity sources in history'

In 2023, more than twice as much new electricity generation from solar was added around the world as from coal, Ember says. The share of solar ...

Geopolitical tensions are laying bare fragilities in… - Grain Journal

Based on today's policy settings, the report finds that low-emissions sources are set to generate more than half of the world's electricity ...

Why a Trump presidency won't derail the world's climate ambitions

The IEA predicts fossil fuel demand will peak before 2030 , so the risk of stranded assets is real. Meanwhile, China is spearheading a ...