Today, EcoVadis, WindEurope and five leading wind energy industry organisations - ENGIE, Hitachi Energy, Siemens Gamesa, Statkraft and Vestas – announce the launch of the ‘Wind Energy Initiative’. The Initiative aims to accelerate the uptake of sustainable practices by fostering strong collaboration between trading partners and amplifying positive impacts across their value chains. European politicians, [...]

Investments in wind energy in Europe more than doubled in 2023 compared to 2022, driven by record financing of offshore wind projects. An easing of inflationary pressures, greater certainty in electricity markets, and improved tariff indexation by Governments created a more favourable investment climate. Despite a tightening of financing conditions, Europe invested a record €48bn [...]

Europe is facing an unprecedented climate crisis, according to a new report by the European Environment Agency (EEA). The first ever European Climate Risk Assessment (EUCRA) report paints a stark picture: extreme heat, drought, wildfires, and flooding, phenomena we've increasingly encountered in recent years, are poised to intensify. These are not distant threats but immediate challenges [...]

Global energy-related carbon dioxide (CO2) emissions rose less strongly in 2023 than the year before even as total energy demand growth accelerated, new IEA analysis shows, with continued expansion of solar PV, wind, nuclear power and electric cars helping the world avoid greater use of fossil fuels. Without clean energy technologies, the global increase in [...]

Co-chaired by France and Ireland, meeting of ministers from around the world delivers mandates for IEA on membership talks with India, opening a regional centre in Singapore, launching a critical minerals security programme, and leading on implementation of COP28 outcomes.  Energy leaders from around the world met in Paris this week for the International Energy [...]

The EU built 17 GW of new wind energy in 2023, slightly up on 2022 - and more than ever in a single year in fact. But that’s not enough to reach the EU’s 2030 targets. The EU should be building 30 GW of new wind every year between now and 2030. The actions set [...]

On 13th December 2023,  COP28 concluded with a historic agreement by 198 Parties to deliver a new era of climate action. The Parties agreed a landmark text named The UAE Consensus, that sets out an ambitious climate agenda to keep 1.5°C within reach. The UAE Consensus calls on Parties to transition away from fossil fuels [...]

At COP28, global leaders committed to tripling renewable power capacity by 2030, following the recommendations of IRENA’s flagship report World Energy Transitions Outlook 2023. Amongst renewable energy sources, offshore wind plays a significant role in accelerating the energy transition and achieving the tripling target. According to the report, the world must install nearly 500 gigawatts [...]

Renewables represent key solutions to decelerate the impacts of climate change and limit global warming to 1.5°C. Offshore wind has witnessed a surge of interest from the energy community as a means to support the decarbonisation of energy systems and end-use sectors, owing to its considerable energy potential and cost-competitiveness. According to IRENA statistics, a [...]

Launched at COP28, Ocean Energy Pathway (OEP) is a new global non-profit that accelerates the global clean energy transition by unlocking the tremendous potential of offshore wind power. Ocean Energy Pathway (OEP) is a flagship initiative supported by the newly announced Ocean Resilience and Climate Alliance (ORCA), a $250 million+ USD funder collaborative focused on [...]

First-of-its-kind global study finds the world must add or replace 80 million km of grids by 2040, equal to all grids globally today, to meet national climate targets and support energy security Efforts to tackle climate change and ensure reliable supplies of electricity could be put at risk unless policy makers and companies quickly take [...]

RWE, one of the world leaders in offshore wind, has launched its first global “Floating Wind Co-use Competition”. The company is looking for solutions to promote co-existence with other sea users and biodiversity enhancement. RWE is dedicated to accelerating the development and demonstration of innovative and sustainable solutions that be specifically applied to floating offshore [...]

Governments around the world should commit to tripling global renewable capacity by 2030 ahead of COP28 Scenes from a world baking in record heat in recent weeks present a grim reminder that limiting the rise in global temperatures to 1.5°C is crucial to avert the worst effects of climate change. Meeting this target demands strong [...]

New report on the geopolitics of critical materials sees significant concentration in supply chains and calls for collaborative strategies to sustain the energy transition Abu Dhabi, United Arab Emirates, 12 July 2023 – The energy transition requires a dramatic increase in the supply of critical materials, yet their supplies chains remain vulnerable to a range [...]

Annual clean energy investments in emerging and developing economies will need to more than triple from USD 770 billion in 2022 to as much as USD 2.8 trillion by the early 2030s to meet rising energy needs and align with the climate goals set out in the Paris Agreement, according to a new report released [...]

IRENA’s World Energy Transitions Outlook calls for annual renewable power additions of 1,000 GW by 2030 to keep 1.5°C climate target within reach. Abu Dhabi, United Arab Emirate, 22 June 2023 – In the first volume of the World Energy Transitions Outlook (WETO) 2023 released today, the International Renewable Energy Agency (IRENA) identifies the way [...]

The urgent need for immediate action to address climate change is emphasized once again by the latest climate report from the Intergovernmental Panel on Climate Change (IPCC). To limit global temperature rise to 1.5°C, the international community must take immediate and bold steps. Offshore renewables, including offshore wind and ocean energy, hold significant potential in [...]

Antarctic sea ice has likely reached its minimum extent for the year, at 1.79 million square kilometers (691,000 square miles) on February 21, 2023, according to scientists at the National Snow and Ice Data Center (NSIDC) at the University of Colorado Boulder. The 2023 minimum is the lowest in the 45-year satellite record. This year’s [...]