Clean energy to power increase in global electricity demand – IEA
The International Energy Agency (IEA) says low-carbon energy sources will account for half of all electricity generation by 2026.
25 January 2024
25 January 2024
The International Energy Agency (IEA) says low-carbon energy sources will account for half of all electricity generation by 2026.
The world added 50% more renewable capacity in 2023 than in 2022, with the next five years set to see the fastest growth yet. China and solar PV were the stars of the show. Energy Monitor interviews Heymi Bahar, co-author of the IEA’s Renewables 2023 report.
The company is developing the renewable energy portfolio through its subsidiary, Ecoener Hellas.
Ammonia, derived from hydrogen, offers a carbon-free combustion process when used in gas turbines.
The update may delay the project’s start date by a further four years.
Gaw Capital and BW Energy Storage Systems (BW ESS) have committed to invest $1.43bn in Valent Energy to build the battery storage projects.
The deal is conditional on Sunrise Wind winning the current New York 4 offshore wind capacity solicitation.
The chemical element is a key fissile isotope of nuclear fuel.
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