Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Damon Evans
10 June 2014
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Renewable sources key to cheaper energy, says Irena

Irena advised the UN that making renewables 36% of total final energy consumption is affordable if policies are put in place

Energy supply costs could be drastically cut by doubling the share that comes from renewable sources such as wind and solar power, the latest analysis from the International Renewable Energy Agency (Irena) shows. The Abu Dhabi-based intergovernmental agency tasked with supporting renewable technologies advised the UN that doubling the share of renewable energy to 36% of total final energy consumption by 2030 is affordable and possible if governments put in place policies to promote it. This suggests a greater potential for rapid expansion in renewables than most other estimates have previously suggested. Doubling renewable energy to 36% of global energy consumption in 2030 would cut global d

Also in this section
Letter on carbon: Can CCUS capture enough private capital?
1 April 2026
Emerging industry must work with policymakers to convince a broader pool of investors to buy into its long-term potential
Energy cost surge fires up debate over EU ETS
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
Letter on carbon: Capturing Europe’s elusive CCS potential
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
Outlook 2026: The case for carbon stewardship
Outlook 2026
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search