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IEA: Renewables could power prosperity in Africa
2014-10-13 12:08:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Renewables can meet sub-Saharan Africa's energy needs by 2040 if the region can unlock its potential, the International Energy Agency (IEA) has said. The influential agency predicts energy demand will grow by around 80 per cent across the region as the economy quadruples in size over the next 25 years. But in a special report on the continent, the IEA says its renewable energy resources are more than sufficient to cope with the rising demand. It highlights widespread solar and hydropower potential,...
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africa
prosperity
iea
Efficiency Worth More Than Renewables at $310 Billion, IEA Says
2014-10-09 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Investments in measures to curb energy waste and boost efficiency are overtaking wind and solar spending and have reached at least $310 billion a year, the International Energy Agency said. Thats almost $100 billion higher than investment in renewable energy in 2013, which amounted to $213 billion, according to estimates from Bloomberg New Energy Finance. Demand dropped as much as 5 percent from 2001 to 2011, largely due to investments in efficiency, the Paris-based agency said today in a...
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IEA: Solar could be largest power source by 2050
2014-09-30 11:59:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: By 2050 the sun could become the worlds largest source of electricity, according to the International Energy Agency (IEA). It has released two reports which it says show how solar photovoltaic (PV) and concentrated solar thermal sources could provide 26% of the worlds electricity by mid-century. This would push solar ahead of fossil fuels, hydropower, nuclear and other forms of electricity generation. The IEA says a government-backed move to solar would negate the emission of six billion...
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solar
IEA report reveals remarkable slowdown oil demand growth
2014-09-12 09:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The International Energy Agency (IEA) has predicted that the growth in demand for oil will slow down in the coming years, largely because of weaker demand in Europe and China, in its September Oil Market Report. The forecast follows global oil supply declining by 400,000 barrels per day in August, falling to 92.9 million barrels per day. Production eased among non-Organisation of Petroleum Exporting Countries (OPEC) as a recovery in Libya failed to offset lower supply from Saudi Arabia and Iraq....
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IEA: renewable power capacity grew fastest pace 2013
2014-08-29 13:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Last year global capacity for renewable power grew at its fastest pace to date, with almost 22% of power generation coming from clean sources, data in a report from the International energy Agency (IEA) has revealed. In 2013 global renewable electricity generation rose by an estimated 240 terawatt hours (TWh), a 5% increase on the previous year, taking the total to almost 5,070 TWh. The figure accounts for almost 22% of total power generation across the world. The growth in the sector means...
Tags: power
capacity
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pace
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