RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-02-04 16:20:00

IRENA, IHA PARTNERSHIP

IRENA, IHA PARTNERSHIP

IHAAbu Dhabi, United Arab Emirates, 3 February 2021 – In recognition of their shared objectives to increase the uptake of renewable energy, the International Renewable Energy Agency (IRENA) and the International Hydropower Association (IHA) have today signed a formal partnership agreement.

Hydropower is the world’s largest source of renewable energy, contributing over half of global renewable energy installed capacity, and directly employing around two million people.

The agreement sets out IRENA’s and IHA’s joint ambition to accelerate the development, financing and deployment of sustainable hydropower. This will involve future policy and market initiatives aimed at better rewarding hydropower for the clean storage and flexibility services it provides to the energy system. Cooperation will facilitate public-private dialogue, strengthen international cooperation and promote sustainable hydropower through the development and dissemination of knowledge.

Francesco La Camera, Director-General of IRENA, said: “IRENA’s Global Renewables Outlook estimates that an additional 850 GW of hydropower is required by 2050 for the world to stay on a climate-safe track in line with the Paris Agreement. There is therefore an urgent need to boost sustainable hydropower.”

“The Covid-19 crisis has shown beyond doubt the unique flexibility and resilience provided by hydropower compared with other energy sources”, he added. “IRENA has always considered hydropower an essential and central element of the renewables power mix.”

Recognising the important role of hydropower in the clean energy transition, IRENA’s recently published Post-COVID Recovery Agenda  recommends a 150 per cent increase in sustainable hydropower investments from USD 22 billion to USD 55 billion per year to 2030 to support the recovery and accelerate the energy transition.

Eddie Rich, Chief Executive of IHA, said: “IRENA is the leading agency for the global advancement of renewable energy. We are delighted that it has recognised the essential role that sustainable hydropower will play to meet the climate change commitments set out in the Paris Agreement and Sustainable Development Goal (SDG) 7.”

“While hydropower will continue to play an essential role in global electricity, hydropower’s flexibility and storage capabilities are also important to complement variable renewables such as wind and solar. Hydropower acts as an enabler of higher shares of variable renewable energy in future energy systems,” he said.

Partnership activities will be focused on the development and sharing of knowledge, data and best practices. In addition, as part of the agreement, IRENA will join and play a leading role in IHA’s new International Forum on Pumped Storage Hydropower. Created in partnership with the U.S. Department of Energy, the forum is a government-led multi-stakeholder platform that aims to shape and enhance the role of pumped storage hydropower in future power systems. Pumped storage hydropower is a low-cost and mature, long-duration energy storage technology that represents over 90 per cent of the world’s grid-scale energy storage.

The partnership builds on another recent initiative by IRENA, the Collaborative Framework on Hydropower, supported by IHA, which aims to promote dialogue, co-operation and coordinated action among IRENA’s 161 member states. IHA is supporting the framework by leveraging knowledge and experience from initiatives such as:

• XFLEX HYDRO, an EU-funded initiative to demonstrate how innovative, flexible hydropower technologies can help countries meet their carbon reduction targets and support variable renewables.

• The Hydropower Sustainability Tools, a set of guidelines and assessment tools used by leading developers and operators to design and develop sustainable hydropower projects.

• IHA’s Hydropower Sector Climate Resilience Guide, which offers a methodology for identifying, assessing and managing climate risks to enhance hydropower’s resilience.

-----


Earlier:

IRENA, IHA PARTNERSHIP
2021, February, 3, 12:10:00
RENEWABLES FOR CHILE: 6GW, $10.5 BLN
According to the Ministry of Energy of Chile, 94 power projects with a combined capacity of 6,016 MW are expected to be connected to the National Electric System in 2021, for a total investment of over US$10,450m.
IRENA, IHA PARTNERSHIP
2021, February, 2, 11:45:00
RENEWABLES FOR GERMANY 115 BLN EUROS
Germany needs to meet a target of renewable energy sources contributing at least 65% of power output in 2030 as part of the country’s overall goal to cut CO2 emissions by at least 55% compared with 1990 levels by that date.
IRENA, IHA PARTNERSHIP
2021, January, 29, 14:05:00
RUSHYDRO GENERATION +6%
PJSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces operating results for the 4th quarter and full year ended December 31 2020
IRENA, IHA PARTNERSHIP
2020, December, 22, 13:30:00
RELIABLE NUCLEAR POWER
We are going to need all kinds of nuclear technology. First of all, we're going to need the long-term operation of the existing fleet of nuclear power plants.
RENEWABLE HEATING COOLING
2020, December, 1, 13:15:00
RENEWABLE HEATING & COOLING
Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies.
IRENA, IHA PARTNERSHIP
2020, November, 27, 11:40:00
RUSHYDRO NET PROFIT +72%
RusHydro Group (hereinafter referred to as the “Group”, ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces its condensed consolidated interim unaudited financial information prepared in accordance with International Financial Reporting Standards (IFRS) for the 3rd quarter and 9 months of 2020.
IRENA, IHA PARTNERSHIP
2020, November, 25, 11:35:00
RUSHYDRO RATINGS ‘BBB’
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that Fitch Ratings raised long-term corporate credit ratings on PJSC RusHydro and the company’s bonds to sovereign grade ‘BBB’ (outlook stable).
All Publications »
Tags: IRENA, IHA, RENEWABLE, HYDRO
Chronicle:
IRENA, IHA PARTNERSHIP
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
IRENA, IHA PARTNERSHIP
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
IRENA, IHA PARTNERSHIP
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
IRENA, IHA PARTNERSHIP
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
IRENA, IHA PARTNERSHIP
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
IRENA, IHA PARTNERSHIP
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
IRENA, IHA PARTNERSHIP
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.
All Publications »