The IEA calls for tackling permitting delays and accelerating deployment
IEA crisis plan calls for faster renewables rollout
Agency also urges action to switch to non-Russian gas as security of supply tops policy agenda
The IEA has called on EU governments to fast-track the deployment of wind and solar capacity to help reduce reliance on Russian gas amid deepening concerns over security of supply and surging prices driven by the invasion of Ukraine. The IEA says a concerted policy effort aimed at tackling delays with the permitting of projects could deliver another 20TWh of renewables generation over the next year. Another 15TWh could come from faster deployment of rooftop solar, supported by a short-term grant programme that would cost about €3bn ($3.3bn), it says. The addition of 35TWh from new renewable projects, over and above the growth already anticipated, could bring down gas demand by 6bn m³/yr, it
Also in this section
9 September 2024
Addition of CCS was a factor in court’s decision to overturn FERC’s authorisation for NextDecade’s Rio Grande LNG project
2 September 2024
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
22 August 2024
C-Questra applies for onshore storage permit for site in Grandpuits as part of project to establish highly efficient DACS value chain on French soil
