A bank financing the 21st century economy must act as an accelerator of the energy transition

Since the international community became acutely aware of the need for urgent action to limit global warming, and 195 countries signed up to the Paris Agreement in 2016, the world has embarked on a process of transition towards low-carbon energy. Switching from a high-energy-consuming economic system to a less energy-intensive, more sustainable model will require a balancing […]

Integrating Data in the Power Industry

Technological developments have been a significant focus for the power industry for many years. Progress has shown technology has evolved within a small number of designs, to now include nuclear, solar, wind, hydro-power and other energy sources. Digital technology continues to become more available and costs are reducing considerably, particularly with sensor devices and the […]

The 2018 International Energy Efficiency Scorecard

Energy efficiency is often the least-cost means of meeting new demand for energy services. Not only does it reduce overall energy consumption and thereby reduce dependency on energy imports, but it encourages development and creates jobs. Governments that promote investment in energy efficiency and implement supporting policies save citizens money, reduce the potential for crisis […]

Why the Solar Revolution Will Hit a Wall

The trend is clear: solar installations, based on existing silicon photovoltaic (PV) technology, should expand their market penetration over the next decade. But beyond then, their growth could hit a ceiling. This is the premise of Georgetown Professor Varun Sivaram’s book, Taming the Sun: Innovations to Harness Solar Energy and Power to the Planet. He warns of […]