Renewable Energy

Reply filed by the state of Odisha regarding increasing instances of high energy swell waves, May 1, 2025

Reply filed by the Director, Environment-cum-Special Secretary, Forest, Environment and Climate Change Department, Odisha and Member Secretary, Odisha Coastal Zone Management Authority, May 1, 2025. NGT, had registered suo motu in response to the news item in the Hindu, May 4, 2024 titled "Swell waves likely to strike coastal areas …

Electricity market report update: outlook for 2023 and 2024

Overall growth in electricity demand worldwide is expected to ease in 2023 as advanced economies grapple with the ongoing effects of the global energy crisis and an economic slowdown, according to this IEA’s latest Electricity Market Report. The report’s July update, finds that electricity demand in the United States is …

Ramping up energy storage: lessons for the EU

This paper explores how the EU can enhance its policy for a low-carbon future by learning from successful energy storage approaches in California, South Korea, and Australia. The EU’s decarbonisation goals will involve transformative change, and front and centre of this shift will be the bloc’s most polluting sector: electricity …

Integrating higher share of variable renewable energy in India

While India has been adding renewable energy capacity at a fast pace, this new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds that to meet its emissions intensity reduction target for 2030, the country needs to ramp up the share of clean energy in its power …

Geopolitics of the energy transition: critical materials

The energy transition requires a dramatic increase in the supply of critical materials, yet their supplies chains remain vulnerable to a range of geopolitical risks. While there is no scarcity of reserves for energy transition minerals, global capabilities for mining and refining them are limited. Supply disruptions could impact the …

Africa's development dynamics 2023: investing in sustainable development

Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices across the continent. Drawing on the most recent statistics, the analysis of development dynamics aims to assist African leaders in reaching the targets of the African Union’s Agenda 2063 …

Accelerating the energy transition by rethinking power-system flexibility: imperatives for the G20

In the wake of the energy crisis triggered by the Russian war on Ukraine, G20 countries—and the rest of the world—have become exposed to the risks of energy insecurity. To secure the supply and stability of electricity, existing power systems must be redesigned to be forward-looking and fit for net-zero. …

World investment report 2023: investing in sustainable energy for all

Developing countries face an investment gap of $2.2 trillion annually for the energy transition, out of a $4 trillion annual funding gap for the Sustainable Development Goals, according to this new report by the United Nations Conference on Trade and Development (UNCTAD). UNCTAD’s World Investment Report 2023 reveals a widening …

Renewable energy statistics 2023

The International Renewable Energy Agency (IRENA) produces comprehensive, reliable datasets on renewable energy capacity and use worldwide. Renewable energy statistics 2023 provides datasets on power-generation capacity for 2013-2022, actual power generation for 2013-2021 and renewable energy balances for over 150 countries and areas for 2020-2021.

Accelerating the net zero transition in Asia and the Pacific: low-carbon hydrogen for industrial decarbonization

Hydrogen is regarded as one of the limited options for decarbonizing the hard-to-abate industrial sector. This work investigates the status and potential of green and blue hydrogen in some major industrial sectors, including oil refining, chemical production, iron and steel production, and high-temperature heat applications. The focus is put on …

Electricity (Amendment) Rules, 2023

The Ministry of Power has recently released a notification on June 30, 2023, introducing additional amendments to the Electricity Rules, 2005. Prior to the first amendment, a power plant could qualify as a captive generating plant if the captive user held at least twenty-six percent ownership. However, the present amendment …

Fostering effective energy transition 2023

After a decade of progress, the global energy transition has plateaued amid the global energy crisis and geopolitical volatilities, according to the World Economic Forum's Fostering Effective Energy Transition 2023 report. The Energy Transition Index, which benchmarks 120 countries on their current energy system performance and on the readiness of …

Risk mitigation and transfer for renewable energy investments: case studies in the Southern Africa Development Community

This report explores the role of risk mitigation and transfer (RMT) instruments for enabling renewable energy investments in Southern Africa Development Community (SADC) countries by examining empirical evidence from several projects in the region. Renewable energy has been one of the most successful sectors in using limited public funds to …

National energy data: survey and analysis 2021-22

The Ministry of Power (MoP) has released a report titled- National Energy Data: Survey and Analysis 2021-22. The report has been prepared by MoP through Bureau of Energy Efficiency in collaboration with NITI Aayog, various line ministries and departments, institutions, and other stakeholders. The report provides granular information about energy …

World energy transitions outlook 2023: 1.5°C pathway, Volume 1

The International Renewable Energy Agency (IRENA) has released its World Energy Transitions Outlook (WETO) 2023, emphasizing the urgent need for a significant increase in renewable power capacity. The report highlights the importance of tripling annual renewable power additions by 2030 to stay on track with the 1.5°C climate target set …

Scaling up private finance for clean energy in emerging and developing economies

This special report by the International Energy Agency (IEA) and International Finance Corporation (IFC) examines how to scale up private finance for clean energy transitions by quantifying the investments required in different regions and sectors to build modern, clean energy systems, including achieving universal access. The new global energy economy …

Cost of capital for renewable energy investments in developing economies

This discussion paper gives a brief overview of the methodology, including an analysis of the required rate of equity return or debt for solar projects, by country, under current cost-of-capital environments. While specific rates can vary considerably depending on conditions at the time of project finance needs, the overall take …

Innovation landscape for smart electrification: decarbonising end-use sectors with renewable power

Electrifying the use of energy in industry, transport and buildings with renewables is a cost-effective way to decarbonise end-use sectors, increase security of supply, reduce dependency of imported fossil fuels and mitigate risks of fuel prices volatility as experienced in recent years. This new report by the International Renewable Energy …

Renewable energy supply and risk in global banking

Financial and economic concerns are paramount for the international banking industry to continue supporting and investing in the global renewable energy supply system. The transition to renewable energy to achieve the mission of decarbonisation is capital-intensive and needs substantial bank involvement to evaluate the risk-return profiles of such projects. However, …

State of the climate in Europe 2022

The State of the Climate in Europe 2022, is the second edition of climate reports published annually by the World Meteorological Organization’s Regional Association for Europe (WMO-RA6) and the European Union's Earth observation programme, Copernicus. The report provides the status of key climate indicators using the WMO and partner organizations …

2030 targets aligned to 1.5°C: evidence from the latest global pathways

The IPCC’s sixth assessment report (AR6) provides crucial information on how to tackle climate change, in particular identifying pathways that limit warming to 1.5°C with no or limited overshoot. However, many of the pathways in the AR6 database are not fully Paris Agreement compatible in that they do not bring …

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