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Battery costs have dropped by more than 90 per cent in the last 15 years, a new report from the International Energy Agency (IEA) reveals. It’s one of the fastest declines ever seen among clean energy technologies, and provides hope that batteries can carry the world to its renewable energy goals. While we still tend to think of lithium-ion batteries as a component of consumer electronics like phones and laptops, the tech is playing an increasingly huge part in the energy sector - which now accounts for over 90 per cent of overall battery demand. In 2023 alone, battery deployment in the power ...
Euronews (English)
As nations grapple with the monumental task of transitioning to renewable energy and building climate resilience, the need for equitable mechanisms to finance the transition has taken centre stage. At the upcoming G7 climate ministerial, France has a unique opportunity to demonstrate leadership on the climate action front. This year — dubbed the year for climate finance — France should lead the European bloc and fellow major economies with dollars and decisive action. The pressure is mounting to replace the expiring $100 billion (€93.3bn) per year target set in Copenhagen in 2009 with a New Co...
Euronews (English)
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