Global Energy Perspective 2021

The global energy landscape is going through major shifts We publish this long-term energy outlook at the start of 2021, after a year that has brought extraordinary challenges. The COVID-19 pandemic and subsequent economic crisis caused unprecedented disruption in the energy landscape—and the path to recovery remains uncertain. Source: McKinsey, January 2021

By |January 29th, 2021|Tags: |

Renewable energy can « leapfrog » existing energy models

The International Energy Agency (IEA) said the per-watt cost of solar electricity finally fell below fossil fuels last year. By 2025, the renewables sector is expected to hit $1.5 trillion value, up 61% from $928 billion in 2017. After that, renewables will have achieved a firm footing in regular society. Growth will be exponential. Source: MoneyMorning, 13.1.2021

Why 2021 could be turning point for tackling climate change

Renewables are now the cheapest energy ever: In October 2020, the International Energy Agency, an intergovernmental organisation, concluded that the best solar power schemes now offer “the cheapest source of electricity in history”. Business is going green too. The falling cost of renewable and the growing public pressure for action on climate is also transforming [...]

Solar becomes “the new king of electricity”

In their World Energy Outlook 2020, the International Energy Agency (IEA) predicts that "Solar becomes the new king of electricity", with solar as the main driver of growth setting new records for deployment each year after 2022 (followed by onshore & offshore wind). Source: International Energy Agency (IEA), october - 2020

By |October 1st, 2020|Tags: |
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