The international renewable energy agency (irena) is an intergovernmental organisation supporting countries in their transition to a sustainable energy future. Renewables maintain their cost leadership in global power markets, irena’s new report on renewable power generation costs in 2024 confirms. Irena publishes detailed statistics on renewable energy capacity, power generation and renewable energy balances.
Irena’s membership comprises 169 countries and the eu Major trends in the sector worldwide are outlined in the accompanying brief, renewable energy highlights. Irena’s 1.5°c scenario, set out in the world energy transitions outlook, presents a pathway to achieve the 1.5°c target by 2050, positioning electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen and sustainable biomass.
