Renewable energy

Solar investment outstrips all other power forms: IEA

More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world's top energy research body said Thursday.

The International Energy Agency (IEA) forecast in a report that global investment in clean energy this year will hit $2 trillion, twice the amount going to fossil fuels.

Türkiye, EU should work together for gas security: Minister

Türkiye and the European Union should work together on natural gas supply security, Energy Minister Alparslan Bayraktar has said.

Bayraktar met with EU Ambassador to Türkiye Nikolaus Meyer-Landrut and ambassadors of EU member countries in Ankara to discuss Türkiye's national energy plan and energy transition as well as cooperation in the field of energy.

Australia unveils plans to keep burning gas beyond 2050

Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years.

Resources minister Madeleine King said gas "will remain an important source of energy" in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".

RES power ditched on Easter Sunday to prevent blackout

Cutbacks in the generation of power from renewable energy sources exceeded all precedent over the Easter holidays, aimed to maintain system stability due to falling demand and high RES output.

The most difficult day was Easter Sunday, specifically around midday, when RES production peaked due to the high output of photovoltaics.