{"id":29468,"date":"2019-04-11T06:38:49","date_gmt":"2019-04-10T20:08:49","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=29468"},"modified":"2019-04-11T06:38:49","modified_gmt":"2019-04-10T20:08:49","slug":"energy-transformation-irena-mb1010","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/energy-transformation-irena-mb1010\/","title":{"rendered":"Energy Transformation Must Be Accelerated : IRENA"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-29469\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/irena-energy-transformation-1024x569.png\" alt=\"IRENA energy transformation\" width=\"1024\" height=\"569\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/irena-energy-transformation-1024x569.png 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/irena-energy-transformation-300x167.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/irena-energy-transformation-768x427.png 768w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/irena-energy-transformation.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>More renewables are key to helping reach climate goals says the International Renewable Energy Agency, but we&#8217;re going to need to pick up the pace.<!--more--><\/p>\n<p>A recently released report from IRENA states boosting renewable energy combined with increased electrification could deliver more than three quarters of the energy-related emission reductions needed to meet global climate goals.<\/p>\n<p>While this is achievable, renewables&#8217; overall share in the energy mix will need to grow six times faster.<\/p>\n<p>Based on IRENA\u2019s analysis, energy-related emission reductions would have to drop 70% by 2050 compared to current levels into meet targets under the Paris Agreement. A major shift to electricity from renewables could deliver 60% of those reductions, reaching 75% if renewables for heating and transport are factored in.<\/p>\n<blockquote><p>\u201cThe race to secure a climate safe future has entered a decisive phase,\u201d <a href=\"https:\/\/www.irena.org\/newsroom\/pressreleases\/2019\/Apr\/Deep-Electrification-Powered-by-Renewables-Key-for-a-Climate-Safe-Future\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> IRENA Director-General Francesco La Camera. \u201cRenewable energy is the most effective and readily-available solution for reversing the trend of rising CO<sub>2<\/sub> emissions.&#8221;<\/p><\/blockquote>\n<p>According to the Agency, energy related carbon dioxide emissions have continued to grow by over 1 per cent annually on average in the last five years.<\/p>\n<p>The cost of action needs to be considered alongside the savings. Health, subsidy and climate-related savings by aggressively pursuing renewables would be worth as much as USD $160 trillion cumulatively over a 30-year period.<\/p>\n<p>IRENA states an energy transformation wouldn&#8217;t just be good for the planet and human health, it would boost gross domestic product (GDP) by 2.5% and total employment by 0.2% globally in 2050. It says an accelerated shift to renewables will create more new jobs than those lost in fossil-fuel industries<\/p>\n<blockquote><p>&#8220;Thus, every dollar spent in transforming the global energy system provides a payoff of at least USD 3 and potentially more than USD 7, depending on how externalities are valued.&#8221;<\/p><\/blockquote>\n<p>IRENA&#8217;s Global energy transformation: A roadmap to 2050 (2019 edition) <a href=\"https:\/\/www.irena.org\/publications\/2019\/Apr\/Global-energy-transformation-A-roadmap-to-2050-2019Edition\">can be downloaded here<\/a>.<\/p>\n<h2>2018 A Big Year For Renewable Energy Additions<\/h2>\n<p>Earlier this month, IRENA <a href=\"https:\/\/www.irena.org\/newsroom\/pressreleases\/2019\/Apr\/Renewable-Energy-Now-Accounts-for-a-Third-of-Global-Power-Capacity\">said<\/a>\u00a0 171GW of new renewable energy capacity was installed last year, a 7.9% annual increase. By the end of 2018, globally installed renewables capacity had reached 2,351 GW and accounted for a third of the world\u2019s total installed electricity generation capacity (not to be confused with electricity production). Solar energy capacity increased by 94 GW last year globally, with Australia noted as contributing 3.8 GW of that total. Australia&#8217;s installed solar power capacity has grown from 108MW in 2009 to 9,769MW by the end of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More renewables are key to helping reach climate goals says the International Renewable Energy Agency, but we&#8217;re going to need to pick up the pace.<\/p>\n","protected":false},"author":17,"featured_media":29469,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-29468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Energy Transformation Must Be Accelerated : IRENA - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"More renewables are key to helping reach climate goals says the International Renewable Energy Agency, but we&#039;re going to need to pick up the pace.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/energy-transformation-irena-mb1010\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy Transformation Must Be Accelerated : IRENA\" \/>\n<meta property=\"og:description\" content=\"More renewables are key to helping reach climate goals says the International Renewable Energy Agency, but we&#039;re going to need to pick up the pace.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/energy-transformation-irena-mb1010\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-10T20:08:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/irena-energy-transformation.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/energy-transformation-irena-mb1010\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/energy-transformation-irena-mb1010\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Energy Transformation Must Be Accelerated : IRENA\",\"datePublished\":\"2019-04-10T20:08:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/energy-transformation-irena-mb1010\\\/\"},\"wordCount\":404,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/energy-transformation-irena-mb1010\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/irena-energy-transformation.png\",\"articleSection\":[\"General Solar &amp; 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IRENA states the global weighted average levelised cost of electricity (LCoE) from utility-scale solar PV has plummeted\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable Power Generation Costs","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/renewable-electricity-costs.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/renewable-electricity-costs.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/renewable-electricity-costs.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/renewable-electricity-costs.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":4139,"url":"https:\/\/www.solarquotes.com.au\/blog\/70-carbon-emissions-reduced-thanks-renewable-energy\/","url_meta":{"origin":29468,"position":1},"title":"70% of Carbon Emissions Drop Is Thanks to Renewable Energy and Efficiency","author":"Finn Admin","date":"October 31, 2014","format":false,"excerpt":"Analysts from Greenpeace have published findings showing\u00a0that the lion\u2019s share of\u00a0carbon emission reductions since 2007 comes from the rise in renewable energy usage and energy efficiency. While critics claim that the drop in emissions comes from using more natural gas, the numbers tell a different story. For a full article\u2026","rel":"","context":"In &quot;Quick Reads&quot;","block_context":{"text":"Quick Reads","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/quick-reads\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5444,"url":"https:\/\/www.solarquotes.com.au\/blog\/global-co2-emissions-stall-economy-grows-thanks-renewables\/","url_meta":{"origin":29468,"position":2},"title":"Global CO2 Emissions Stall, Economy Grows, Thanks To Renewables","author":"Staff Writer","date":"March 22, 2016","format":false,"excerpt":"Interesting news from two separate studies from different agencies this week folks. The first \u2014 from the International Energy Agency (IEA) \u2014 found that carbon emissions have stalled worldwide for the second year in a row. The second, from the International Renewable Energy Agency (IRENA), outlined the associated benefits of\u2026","rel":"","context":"In &quot;Economics Of Solar&quot;","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"power station with solar","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/03\/co2emissions-solar.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/03\/co2emissions-solar.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/03\/co2emissions-solar.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":33324,"url":"https:\/\/www.solarquotes.com.au\/blog\/climate-energy-wa-mb1206\/","url_meta":{"origin":29468,"position":3},"title":"Climate Change And Energy In Western Australia &#8211; Issues Paper","author":"Michael Bloch","date":"September 9, 2019","format":false,"excerpt":"WA's McGowan Government is calling on Western Australians to have their say on climate change policy, including issues related to energy. Last week, the Government released its 'Climate change in Western Australia - issues paper', which covers 11 focus areas including transforming energy generation. Around 28% of dwellings in Western\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Climate change and energy - Western Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/09\/climate-energy-wa.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/09\/climate-energy-wa.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/09\/climate-energy-wa.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/09\/climate-energy-wa.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/09\/climate-energy-wa.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":70007,"url":"https:\/\/www.solarquotes.com.au\/blog\/accelerating-renewables-healthcare-mb2793\/","url_meta":{"origin":29468,"position":4},"title":"Renewables Could Improve Healthcare For A *Billion* People","author":"Michael Bloch","date":"January 17, 2023","format":false,"excerpt":"Close to a billion people across the planet are served by healthcare facilities with unreliable access to electricity, or none at all. This is a life and death situation that can be addressed with renewable energy states a new report. Imagine a scenario where having a simple medical procedure carried\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable Energy In Healthcare","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/renewable-energy-healthcare.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/renewable-energy-healthcare.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/renewable-energy-healthcare.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/renewable-energy-healthcare.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/renewable-energy-healthcare.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":5226,"url":"https:\/\/www.solarquotes.com.au\/blog\/goldman-sachs-report-recommends-investors-back-renewables\/","url_meta":{"origin":29468,"position":5},"title":"Goldman Sachs report recommends investors back renewables","author":"Staff Writer","date":"December 9, 2015","format":false,"excerpt":"Goldman Sachs divides opinion. There are those who say the financial behemoth may have engineered \u2014 and certainly profited from \u2014 the 2008\/2009 Global Financial Crisis. However backers insist that the investment giant is an example of good old fashioned American \u201cget up and go\u201d and what\u2019s a few billion\u2026","rel":"","context":"In &quot;Economics Of Solar&quot;","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"Those crusty greenies at Goldman Sachs are bullish about renewables and efficiency.","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/12\/goldman-sachs-solar.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/12\/goldman-sachs-solar.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/12\/goldman-sachs-solar.jpg?resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/29468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=29468"}],"version-history":[{"count":1,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/29468\/revisions"}],"predecessor-version":[{"id":29470,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/29468\/revisions\/29470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/29469"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=29468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=29468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=29468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}