Wind, solar, biomass and other renewable energy technologies has continued to grow. New data shows they have been an important driving force in reducing greenhouse gas emissions in Europe.
Without the deployment of renewable energy since 2005, greenhouse gas emissions in 2012 could have been 7% higher than actual emissions, according to the EEA report Renewable energy in Europe – approximated recent growth and knock-on effects.
The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market segment, with innovative new products and standards helping to overcome risks and bringing stability and confidence to the market.
The benefits of energy efficiency go well beyond the simple scaling back of energy demand, according to a new report from the International Energy Agency published today. In a study that reframes the discussion about the so-called “hidden fuel”, the IEA shows how energy efficiency has the potential to support economic growth, enhance social development, advance environmental sustainability, ensure energy-system security and help build wealth.
The European Commission has released its European Energy Security Strategy to address the importance of a stable and plentiful supply of energy for Europe’s citizens and economy. The strategy, which encompasses the European Union’s drive to ensure that energy supplies are uninterrupted and energy prices remain stable, was outlined by European Commission President, José Manuel Barroso, at a recent high-level conference on energy security (‘Paving the way for a European Energy Security Strategy’).
Wind power and solar photovoltaics (PV) are crucial to meeting future energy needs while decarbonising the power sector. Deployment of both technologies has expanded rapidly in recent years – one of the few bright spots in an otherwise-bleak picture of clean energy progress – and IEA scenarios indicate that this trend will continue for decades. However, the inherent variability of wind power and solar PV is raising concerns: Can power systems remain reliable and cost-effective while supporting high shares of variable renewable energy (VRE)? And if so, how?
European Union Member States are showing mixed progress towards three climate and energy targets for 2020, even though the EU as a whole could reduce greenhouse gases emissions by 21% in 2020 with the set of national measures already adopted. These findings come from new European Environment Agency (EEA) assessments.
Governments have decided collectively that the world needs to limit the average global temperature increase to no more than 2°C and international negotiations are engaged to that end. Yet any resulting agreement will not emerge before 2015 and new legal obligations will not begin before 2020. Meanwhile, despite many countries taking new actions, the world is drifting further and further from the track it needs to follow.
The economic costs and social impacts of climate change threaten the prosperity of the Europe and Central Asia region. But well-designed climate action can bring numerous benefits, while also being cost-effective. A set of three World Bank reports launched today in Brussels with the European Commission focus on the ‘here and now’ of policies to fight climate change.
The Central Europe Programme has published three tenders for thematic studies on “Energy efficiency and renewable energies", “Demographic change and knowledge development” and “Cultural heritage and creative resources”. The deadline for submitting non-binding offers is 19 July 2013 at 17.00 pm (Vienna local time).
International Energy Agency (IEA) Report
The rapid expansion of renewable technologies is one of the few bright spots in an otherwise bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) said in an annual report to the Clean Energy Ministerial (CEM) here today.