Global energy demand fell the most since World War-II during 2020 as the Covid-19 pandemic stalled global economic activity. According to the bp Statistical Review of World Energy 2021, world energy demand is estimated to have fallen by 4.5 per cent in 2020. This is steeper than the earlier projections for the year.
Indonesia, like its counterparts around the world, has reallocated its 2020 fiscal budget of USD 49 billion (IDR 695.2 trillion) for healthcare, social assistance, and small businesses to cushion the negative impacts of the COVID-19 pandemic.
Indonesia, like its counterparts around the world, has reallocated its 2020 fiscal budget of USD 49 billion (IDR 695.2 trillion) for healthcare, social assistance, and small businesses to cushion the negative impacts of the COVID-19 pandemic.
Greening the energy sector would directly reduce emissions, thereby supporting a sustainable and environmentally sound development pathway for the country.
Solar photovoltaics (PV) has become a mainstay of low-carbon sustainable energy strategies, with the cost of electricity generated by PV plants declining by 77% between 2010 and 2018.
Corporate procurement of renewable energy has played an important and growing role in decarbonizing global power systems over the past decade. Now, the growing urgency for climate action is motivating leading firms to consider advanced procurement strategies that can accelerate progress toward a carbon-free electricity grid.
This report from IRENA aims to expand policy makers’ understanding of the steps needed to develop a local market for solar water heaters, and the existing capabilities that can be leveraged to do so. This report highlights opportunities to create local value by setting up a domestic industry around solar water heaters.
Transforming the energy sector requires a shift towards renewable energy sources. The world’s oceans are a source of abundant renewable energy, which can be tapped through offshore wind (with fixed and floating foundations, or airborne), floating solar photovoltaics (PV) and other emerging ocean energy technologies.
With international travel increasing post COVID-19 and the world looking to avoid the worst impacts of climate change, the aviation sector needs to make reductions in its carbon emissions.
When the IEA published its first Electricity Market Report in December 2020, large parts of the world were in the midst of the Covid-19 pandemic and its resulting lockdowns. Half a year later, electricity demand around the world is rebounding or even exceeding pre-pandemic levels, especially in emerging and developing economies.
