Electricity consumption from the manufacture of artificial intelligence (AI) chips has soared by more than 350 percent worldwide between 2023 and 2024, according to new research from Greenpeace East Asia. In East Asia, the global hub for AI semiconductor production, growing electricity demand from AI chipmaking has been met primarily …
Large energy buyers—including companies and cities—play an important role in the clean energy transition. But in the coming decades, large energy buyers will need to go further and take additional actions to help create a zero-carbon electric grid by 2050. These actions—known as “transformative procurement practices”—can optimize how, when and …
Botswana has considerable unexploited renewable energy potential, especially as solar, wind and bioenergy and aims to use these renewables to achieve economic energy security and independence. Botswana announced at the end of 2020 that renewable energy would account for at least 15% of the country’s energy mix by 2030, with …
In this brief, explore the direct employment impacts of a coal-to-renewable transition in South Korea in line with a Paris compatible coal phase out before 2030. Compare this with the projected outcomes under current policies. In this work, assess the direct employment effects at the national and provincial level for …
Global energy demand fell the most since World War-II during 2020 as the Covid-19 pandemic stalled global economic activity. According to the bp Statistical Review of World Energy 2021, world energy demand is estimated to have fallen by 4.5 per cent in 2020. This is steeper than the earlier projections …
India’s future coal-fired power project pipeline carries a massive stranded asset risk due to the collapse in the average utilisation rate of its coal-fired power fleet leading to an underestimation of financial risk for new projects, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). …
This report seeks to provide useful insights for energy policymakers, to enrich discussions and pave a way forward for the post-COVID-19 energy transition. It presents analysis based on an extensive literature, expert opinions, and energy modeling to examine gaps and further efforts to accelerate the pace of change, and drive …
The Commission proposes to notify Punjab State Electricity Regulatory Commission (Grid Interactive Rooftop Solar Photo Voltaic Systems) Regulations, 2021 replacing PSERC (Grid Interactive Rooftop Solar Photo Voltaic Systems based on Net Metering) Regulations, 2015. Comments/suggestions/objections from all stakeholders are invited on the proposed PSERC (Grid Interactive Rooftop Solar Photo Voltaic …
This report suggests ways for India to maximise the amount and value of solar and wind power in its electricity system. It addresses demand-side flexibility, power plant flexibility, storage (pumped-storage hydro and batteries) and grid flexibility, as well as policy, market and regulatory solutions for the short to medium term. …
This study provides an overview of the emerging market electricity leapfrog. It demonstrates that emerging markets will not follow the same path to renewables as the developed markets. The study discusses how the developing countries are about to leapfrog fossil fuels in this decade to generate all the growth in …
When the IEA published its first Electricity Market Report in December 2020, large parts of the world were in the midst of the Covid-19 pandemic and its resulting lockdowns. Half a year later, electricity demand around the world is rebounding or even exceeding pre-pandemic levels, especially in emerging and developing …
This study examines the thermal, financial and operational performance of the Indian coal fleet with a capacity of 194 GW over the course of 30 months (September 2017 – February 2020) leading up to the COVID-19 pandemic. It explores factors leading to under-utilisation of some of the new and efficient …
This study examines the thermal, financial and operational performance of the Indian coal fleet with a capacity of 194 GW over the course of 30 months (September 2017 – February 2020) leading up to the COVID-19 pandemic. It explores factors leading to under-utilisation of some of the new and efficient …
Corporate procurement of renewable energy has played an important and growing role in decarbonizing global power systems over the past decade. Now, the growing urgency for climate action is motivating leading firms to consider advanced procurement strategies that can accelerate progress toward a carbon-free electricity grid. In this study, RMI …
The study maps the costs of an early decommissioning of coal-based power plants in India. The assessment based on the availability of the data pertains to individual cost contributors for an early decommissioning for 130 plants representing a total of 45 per cent of India’s current installed 208 GW capacity. …
This report by IRENA outlines a pathway for the world to achieve the Paris Agreement goals and halt the pace of climate change by transforming the global energy landscape. It presents options to limit global temperature rise to 1.5 degrees Celsius and bring CO2 emissions to net zero by 2050 …
The Ministry of Power (MoP) has finally issued the much-awaited amendment to the Electricity (Rights of Consumers) 2020 Rules concerning net metering for rooftop solar installations. The amendment permits net metering to the prosumer for loads up to 500 kW or up to the sanctioned load, whichever is lower. Under …
The report was prepared based on a series of interactive meetings of the TWG, which were chaired by the Co-leads, to discuss draft versions in the period of February to May 2021. As a foundation for informed deliberations, five Technical Working Groups were established on the five key themes of …
Distributed photovoltaics are a growing technology for grid electricity consumers in low- and middle-income countries due to declining costs and government support. In Bangladesh, distributed photovoltaics iare part of broader solar and consumer programs. This study analyzes the economics of stylized grid-connected residential, commercial, and industrial distributed photovoltaics in Bangladesh, …
This special report aims to address the challenge of mobilising investment and finance to support clean energy transitions in the emerging and developing world. This is based on detailed analysis of successful projects and initiatives, including almost 50 real-world case studies – across clean power, efficiency and electrification, as well …
The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA).
