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Record Growth in Renewables Achieved Despite Energy Crisis

Renewable Capacity Statistics 2023, released by the International Renewable Energy Agency (IRENA) shows that renewable energy continues to grow at record levels despite global uncertainties, confirming the downward trend of fossil fueled power generation.

Planned EU electricity market reform and its implications for the Polish power market

On March 7, 2023 the draft of the European Commission’s Market Design proposal started being circulated. It highlights amendments to the electricity market and renewable energy sources framework that are aimed at improving resilience to energy price shocks and competitiveness of businesses and industry, and securing social welfare through affordable electricity.

China’s energy transition sees ‘staggering’ progress on renewables — and a coal power boom

China is recognized as the undisputable global leader in renewable energy expansion, adding new projects to the grid almost as fast as the rest of the world combined last year. A massive wave of permits for new coal-fired capacity poses a significant challenge to the country’s climate goals, with Beijing seen as “the glaring exception to the ongoing global decline in coal plant development.”