Among the broad range of renewable energy options available within the global energy transition, ocean energy offers significant potential to support decarbonisation efforts. With a global market potential of 350 GW by 2050, ocean energy can provide clean, local, predictable electricity to coastal nations and islands around the world.

An average of 1TW of new renewables deployment annually is necessary to reach the world’s 1.5°C climate target by 2030, according to this World Energy Transitions Outlook 2023 preview by the International Renewable Energy Agency (IRENA).

By the end of 2022, global renewable generation capacity amounted to 3372 Gigawatt (GW), growing the stock of renewable power by a record of 295 GW or by 9.6 per cent. An impressive 83 per cent of all power capacity added last year was produced by renewables.

The Malaysia energy transition outlook provides a comprehensive, renewables-focused, long-term energy pathway for the transition to a cleaner and more sustainable energy system in Malaysia. Malaysia is among the most highly developed states of the Southeast Asia region and a founding member of the Association of Southeast Asian Nations (ASEAN).

Global investment in energy transition technologies, including energy efficiency, reached a record high of USD 1.3 trillion in 2022. However, annual investments need to at least quadruple to remain on track to achieve the 1.5°C Scenario in IRENA’s World Energy Transitions Outlook 2022.

This global assessment provides an overview of developments in the geothermal sector and the factors that will shape the geothermal market in the near future. Geothermal energy – a clean and reliable source of heat and electricity – will play a critical role in the clean energy transition alongside other renewable energy sources.

Current trends in the power sector have prompted changes in the role of hydropower, creating a need to adjust the way these assets are designed, operated and maintained, according to this new report by the International Renewable Energy Agency (IRENA).

This Renewable Energy Roadmap for Nigeria was developed in collaboration with the Energy Commission of Nigeria and analyses the additional renewable energy deployment potential up to the year 2050, with an additional 2030 focus to aid shorter-term policy development.

African nations use long-term scenarios and energy planning tools to inform national planning.

IRENA’s working paper, Doubling the Global Share of Renewable Energy: A Roadmap to 2030, outlines the proposed process, and progress to date, of REMAP 2030 – IRENA’s global roadmap for policies and actions to double the share of renewable energy by 2030.

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