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1. The IEA Highlights the Benefits of Renewable Energy in its New Report The International Energy Agency (IEA) released a new report highlighting the benefits of renewable energy, including reduced air pollution, improved energy security and greater economic development. The report, titled “The Power of Transformation: Wind, Sun and the Economics of Flexible Power Systems,” found that flexible power systems can help integrate renewables into the grid and boost the share of renewables in the power mix. The IEA also highlighted the need for governments to provide reliable and consistent policy frameworks to support the deployment of renewable energy technologies. The report also noted that the cost of renewable energy is decreasing, making it increasingly competitive with traditional forms of energy.
The global goal to triple renewable energy capacity by the end of the decade is still within reach, but massive investments in power grids and energy storage will be needed, the International Energy Agency (IEA) said in a new report on Tuesday. At ...
One of the greatest opportunities in the Global energy transition lies in addressing the World’s ongoing copper shortage, which is set to intensify as demand for this critical metal soars. The International Energy Agency (IEA) projects that existing ...
Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts say positions the company well to capitalize on the clean energy transition's rising demand for the red metal. Used widely across the global economy, copper is an ideal conductor of electricity and easily malleable, qualities that have made it widely popular for use in wiring, engines, construction equipment, electronics and other devices. Global demand is poised to jump at least 60% by 2050, according to the International Energy Agency.
Uncertainty around demand and incentives coupled with cost pressures are weighing on the global adoption of low-carbon hydrogen despite an uptick in final investment decisions in the past year, the International Energy Agency (IEA) said in a new report ...
Despite the surge in renewable energy additions, the world is not yet on track to reach the goal of tripling renewables capacity by 2030, according to the Renewables 2024 report published by the International Energy Agency (IEA) on Wednesday. Global ...
The International Energy Agency (IEA) is so bearish on energy and optimistic on clean technology growth. This creates an oversupply of oil and gas, which could result in oil prices crashing to $25 per barrel by 2050. The IEA, an advocator of green ...