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World Energy Outlook 2019 highlights deep disparities in the global energy system

Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts of greenhouse gas emissions being produced and the insufficiency of stated policies to curb those emissions in line with international climate targets. The gap between the promise of energy for all […]

Global wind power market to reach $124.6bn by 2030 as offshore development continues growth momentum, says GlobalData

Global wind power market size increased from $71.6bn in 2010 to $96.4bn in 2018. During the 2019–2030 forecast period, significant capacity additions in the Asia-Pacific (APAC) region are expected to drive that market, increasing the market size to $124.6bn by 2030, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Wind […]

World needs to step up cooperation to meet challenge of energy transition and accelerate renewables deployment

Open trade and investment environments are vital to carry out necessary energy transition cost effectively Annual investment in renewables must increase by fivefold to achieve 1.5 C pathway according to IPCC Trade conflicts and protectionism risk increasing the cost of renewables after a global push which has made wind and solar energy more competitive than […]