Review of the Latest Publications of IRENA International Agency
26.02.2018

The growing global interest in renewable energy sources is supported by a large number of organizations and associations. One of them is the International Renewable Energy Agency (IRENA). It is an intergovernmental organization promoting various RES types, supporting countries in the development of their regulatory frameworks in that area and building a platform for multilateral international cooperation towards conversion to RES.


FOR REFERENCE:
IRENA agency was founded in 2009 after several years of joint preparatory work of 75 states.  The organization functioned in a preparatory mode until 2011, when it launched its full operation.  At present, 155 states (including Belarus) are members of IRENA, and some countries (such as Brazil) are in the process of accession.


The organization keeps annual statistics on changes in the cost of energy from RES, installed capacity gains and employment in the sector; in partnership with its member states' governments, it makes readiness assessments and searches for approaches to beginning the use of RES; it maintains the Viasala "global address" resource (that makes assessments of various regions of the planet in terms of their RES capacity); it also performs many other functions.

IRENA reports provide analytical data to the energy sector experts and allow staying abreast of updates and latest trends in the RES sphere. Among the latest IRENA works concerning wind energy status and prospects are the following:

Renewable Power Generation Costs in 2017
The study provides data on the renewable energy transformation into a sector capable of meeting any demand for electricity on an open and highly competitive market. The research shows how the renewable energy costs were falling. The auction mechanism in the conditions of global competition facilitated the rapid distribution of the best practices in RES construction projects and the boost of their efficiency.

Please follow the link below for more details:
Renewable Power Generation Costs in 2017

Renewable Energy Prospects for the European Union
The report identifies cost-effective renewable energy options for all EU Member States.   The work reviews a wide range of engineering solutions for expediting the penetration of various forms of renewable energy into the European energy mix by 2030.   The study shows areas where more vigorous action could be taken to unleash the full potential of renewable energy.

Please follow the link below for more details:

Renewable Energy Prospects for the European Union

Global Landscape of Renewable Energy Finance 2018
The research reviews financial flows throughout the world in 2013-2016, with a breakdown by technology, financial tools and regions.  Growing investments into renewable energy will lead to a reduction in (energy-related) carbon dioxide emissions, which a key element of the global warming containment efforts.  The statistics reflect a correlation between the decline in financing, cost reduction and increase of installed capacity: though renewable energy investments have decreased financially, the overall cost and risk reduction, as well as technology developments have contributed to a major capacity gain.

Please follow the link below for more details:
Global Landscape of Renewable Energy Finance 2018

 


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