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IRENA: renewable power saved global power sector $520bn in 2022
In addition to overall direct cost savings, there are other “substantial economic benefits” associated with reducing CO₂ emissions and dependence on fossil fuels.
read more... 01/09/2023
EC to hold pilot hydrogen auction in Nov to boost renewables
The European Commission will hold a pilot auction to subsidise renewable hydrogen production on 23 November with the aim of scaling up clean energy deployment and reducing dependence on Russian fossil fuels, it said on Wednesday.
read more... 31/08/2023
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Fossil fuels' share in EU power mix at lowest level since records began
Fossil fuels produced just 33% of the EU's power in the first half of this year, the lowest share on record based on data going back to 1990, researchers said on Wednesday.
read more... 30/08/2023
Britain's Octopus Energy to invest $20 billion globally in offshore wind by 2030
Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday.
read more... 25/07/2023
G20 bloc fails to reach agreement on cutting fossil fuels
The Group of 20 (G20) major economies meeting in India failed on Saturday to reach consensus on phasing down fossil fuels following objections by some producer nations.
read more... 24/07/2023