AFRY expertise covers every aspect of the transition towards clean energy. From market analysis and strategy to investments and operations. Collaboration with 1.5 C Business Playbook The 1.5ºC Business
The 2030 targets laid out by the United Nations for the seventh Sustainable Development Goal (SDG 7) are clear enough: provide affordable access to energy;
Without clean energy technologies, the global increase in CO2 emissions in the last five years would have been three times larger. Emissions increased by 410 million tonnes, or 1.1%, in 2023 – compared with a rise of 490 million tonnes the year before – taking them to a record level of 37.4 billion tonnes. An exceptional shortfall in
We''re in the midst of an energy transition that continues to evolve. Skip to main content Global Energy Perspective 2022 Share Save We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we
In exploring recent market and policy developments, the Renewable Energy Market Update forecasts new global renewable power capacity additions for 2021 and 2022. It also provides updated biofuel
Published by Lucía Fernández, Jul 31, 2023. The United States'' investment in clean energy reached its highest point in 2022 at 141 billion U.S. dollars. This represents a substantial increase
But the energy world is changing fast — and clean technologies are building momentum. The IEA''s latest data indicates that the peak in fossil fuel demand is moving even closer. For this, we
Fossil fuels now make up less than half of China''s total installed capacity for power generation. In 2020, China committed to have 1,200 GW of renewables capacity by 2030, but is on track to meet
This report hence analyses how Thailand can achieve its clean electricity transition, by comparing the planned trajectory of the PDP with the emissions targets, and providing an assessment of the gaps. Building upon the current PDP, this report analyses how the Thai power system can decrease its emissions to meet the targets by increasing
Several technologies have seen important breakthroughs in innovation since the last updates to the IEA''s Tracking Clean Energy Progress and Clean Energy Technology Guide. The world''s largest battery manufacturer announced it would begin production of sodium-ion electric vehicles batteries, an alternative battery chemistry that
The global renewable energy market was valued at $881.7billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030. Renewable energy, even referred as clean
ETF. Netherlands. INRA. SEE ALL. The S&P Global Clean Energy Index is designed to measure the performance of companies in global clean energy-related businesses from both developed and emerging markets,
The World Economic Forum is accelerating global action proposals to advance country-specific solutions that overcome financing and risk challenges. The impact of unlocking renewable energy finance. Our climate future largely depends on whether Emerging Markets and Developing Economies (EMDEs) can successfully transition to
The RET sets a target to deliver an extra 33,000 gigawatt-hours (GWh) of electricity from renewable sources every year from 2020 to 2030. The RET creates a market to incentivise the generation and use of renewable energy. This supports the transition towards a more sustainable and less carbon-intensive energy system.
Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year. Clean-energy
The significant spillover of clean energy market to carbon market further confirms the finding of Hanif et al. (2021) that clean energy stock markets are a risk factor for carbon market fluctuations. Carbon market is the role of the largest net spillover receiver in the system, due to the impacts of FSE and OIL.
This new report, The Clean Energy Market Monitor, aims to fill a gap by providing a timely, concise and up-to-date overview of clean energy deployment for 2023 for a selected group of technologies. It is not intended to be a comprehensive tracking exercise or to provide detailed investment or technology trends.
Global energy investment is set to exceed USD 3 trillion for the first time in 2024, with USD 2 trillion going to clean energy technologies and infrastructure. Investment in clean energy has accelerated since 2020, and spending on renewable power, grids and storage is now higher than total spending on oil, gas, and coal.
Renewable energy market size worldwide in 2021, with a forecast for 2022 to 2030 (in billion U.S. dollars) Premium Statistic Global primary energy consumption 2019-2022, by fuel
The G7''s recent commitment to move away from coal as an energy source mirrors an existing trend in the US energy market. Between 2005-2019, the use of coal for electricity generation in the US
This quarterly market briefing presents key insights into the clean energy procurement (CEP) deals by corporates in the first quarter of the year. The first quarter of 2022 recorded about 10 GW of renewable procurement deals by corporates globally, resulting in the highest volume of deals in a quarter historically.
Despite declining electricity demand and wholesale power price drops due to the impacts of pandemic, governments around the world auctioned a record amount of renewable
About this report. The IEA''s Tracking Clean Energy Progress (TCEP) assesses recent developments for over 50 components of the energy system that are critical for clean energy transitions. The components assessed include sectors, subsectors, technologies, infrastructure and cross-cutting strategies. Where do we need to go?
The significant causal effect of the clean energy market on the co-movement between main-byproduct metal markets implies that the clean energy market and main-byproduct metal markets are closely linked. Particularly, the wind energy market has a stronger effect than the solar energy market on the total spillover of the main
3 · Moving to clean energy is key to combating climate change, yet in the past five years, the energy transition has stagnated. Energy consumption and production
The global energy crisis was not a clean energy crisis, but it has focused attention on the importance of ensuring rapid, people-centred and orderly transitions. Three interlinked
3 · Malaysia needs to address energy subsidies, including on diesel, gasoline and brown electricity, before implementing a carbon tax, according to the nation''s environment minister. Nik Nazmi bin
The global clean energy market was valued at $0.6 trillion in 2022, and is projected to reach $1.4 trillion by 2032, growing at a CAGR of 9.1% from 2023 to 2032. The clean
Moving on to the five-day ahead volatility of the clean energy market (Table 5) all own historical volatility components have the expected positive sign and are significant; across all specifications. The DCCE-HAR yields a coefficient for PSE (0.140) which is again
This chapter reviews important policies and market trends shaping the global development of clean energy technologies. Stimulus policies in the form of feed-in tariffs, tax relief, and renewable portfolio standards, along with substantial research and development, enabled clean energy projects to overcome early commercialization barriers.
Published by Lucía Fernández, Jan 27, 2023. The global renewable energy market is expected to continue its upward growth over the next years. According to the Group Next Move Strategy
Until recent months, the gains have been absurd, with many clean-energy stocks up more than 100% since the start of 2020. Bloomberg Green ''s Carbon Bubble series seeks to capture how investors
Estimated market sizes for selected clean energy technologies by technology and region, 2020-2050 - Chart and data by the International Energy Agency. About News Events Programmes Help centre Skip navigation Energy system Explore the energy system
The stakes go way beyond Brazil. To move the world on to a pathway of limiting temperature rises to 1.5 °C, about 55% of global clean energy investment needs to be in emerging and developing economies. Yet, over 90% of patents for low-emissions energy come from Europe, Japan, the United States, Korea and China.