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IRENA Concludes its Eighteenth Council

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High-level representatives from 124 member countries attended the 18th meeting of the IRENA Council, held on November 5 and 6, 2019, in Abu Dhabi, to review the Agency’s progress and explore its future plans to accelerate the global energy transformation to ensure a sustainable, climate-safe future.

Council Chair Mr. Guy Lentz, Luxemburg Coordinator for the EU and Inter Energy Issues, set the tone of the discussions by encouraging IRENA Council delegates to strive for a fair energy transition through renewables.

IRENA Director-General Francesco La Camera echoed the Council Chair by emphasizing the central role renewable energy plays in both sustainable development and climate action. “This morning, we reflected on the profound shift in the global energy dynamics which will result in a very different world in the coming decades. The evolution of the existing energy architecture into a low-carbon and economically vibrant system is central to the global strategy on sustainable development and climate,” he said.

Ambitious renewable energy targets are now common in many countries, however, Mr. La Camera identified the gap between deployment goals and the investments necessary to achieve them as the biggest challenge facing the energy transformation.

To bridge this gap and accelerate the rate of energy transformation to meet climate goals, the Director-General proposed to the Council a Work Programme and Budget that aims to make the Agency:

  • More proactive: monitoring trends and recognising opportunities.
  • More efficient: streamlining programmatic output to more impactful activities, with a decisive shift to action on the ground.
  • More collaborative: developing partnerships with implementing partners, such as UNDP, taking advantage of IRENA’s significant knowledge and convening power to catalyse action on the ground.

Council members lauded the Agency’s decisive shift to action on the ground, supporting the Director-General’s plans to improve programmatic engagement with all members, initiatives and partnerships. One of the key aspects of the discussions was IRENA’s plan to take a more regional and sub regional approach to its programmatic activities. Griffin Thompson, Director of the Office of Electricity and Energy Efficiency at the U.S. Department of State, supported this approach stating, “The reality of the renewable energy transition is that there are multiple transitions and pathways. We support IRENA’s proposal to work at a more regional & sub-regional level, which speaks to these nuances.”

In alignment with the Agency’s plans, Mr. La Camera announced the appointment of Gauri Singh, Principal Secretary of the Public Health & Family Welfare Department at the Renewable Energy Corporation and former Director of IRENA’s Country Support & Partnerships Division, as the new IRENA Deputy Director-General.

On its second day, the Council’s meeting followed up on discussions from the UN Climate Action Summit in New York as they related to NDC implementation and the Climate Investment Platform. The Climate Investment Platform, a partnership between IRENA, SEforALL, and UNDP, in coordination with Green Climate Fund, aims to declutter and streamline support to developing countries by accelerating action and advancing investments.

On behalf of UNDP, Pradeep Kurukulasuriya, Executive Coordinator/Director, Global Environmental Finance, Global Policy Network, spoke to Council members about the IRENA, UNDP collaboration. “Our partnership is a merging of IRENA’s energy knowledge with UNDP’s backbone of country offices and on-the-ground capabilities – a commonality of purpose, where UNDP draws on IRENA’s expertise to accelerate the 2030 agenda.”

During the Council, two side-events took place. The first lead by IRENA’s programmatic division directors explored the issues facing countries with high shares of renewable energy, highlighting the importance of dialogue and the exchange of experiences amongst countries as well as offering IRENA’s committed support to enhance this dialogue.

The second side event Decarbonising Complex Sectors: Paving the Way Towards a Carbon-Free Economy led by IRENA IITC Director Dolf Gielen, discussed the role renewables, green hydrogen, and advanced biofuels can play in decarbonising challenging sectors such as heavy industry, shipping, and aviation.

IRENA

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Strength of IEA-ASEAN energy cooperation highlighted at Ministerial meeting

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IEA Executive Director Fatih Birol spoke today to Energy Ministers from across Southeast Asia about the latest global and regional energy trends, pathways to net zero emissions and the importance of clean energy investment.

He was participating in the seventh annual dialogue between the IEA and Ministers from the Association of Southeast Asian Nations (ASEAN) – the economic bloc comprised of 10 Southeast Asian economies. The meeting was hosted via video link by Brunei Darussalam, which is chairing ASEAN’s 39th annual Ministers on Energy Meeting (AMEM). 

“The IEA remains firmly committed to assisting ASEAN and its member states in developing pathways towards net zero that respect their capacities and capabilities,” Dr Birol told the Ministers. “One of the key messages from the IEA’s Roadmap to Net Zero by 2050 Roadmap is that not all countries are starting the race to net zero from the same place. I have and will continue to underscore the importance of ensuring that a greater share of global clean energy investment is directed towards the emerging and developing economies including in Southeast Asia to unlock new economic growth possibilities and emissions reductions.’’

This year’s ministerial marks the tenth anniversary of IEA-ASEAN energy cooperation, which was established with a Memorandum of Understanding at the 2011 AMEM in Brunei’s capital, Bandar Seri Begawan. The Ministers and Dr Birol welcomed the adoption of a Commemorative Statement on IEA-ASEAN Energy Cooperation. 

The IEA has significantly scaled up its work with ASEAN and its Member States over the past six years. Indonesia and Thailand became IEA Association Countries in 2015, and Singapore did so the following year. In 2019, under Thailand’s Chairmanship, the IEA was named a Strategic Partner of ASEAN.

The IEA is committed to continue working with ASEAN and its Member States on key energy priorities, including energy security, energy efficiency, clean energy, energy investments and decarbonisation. 

“On this, the tenth anniversary of our collaboration, the IEA is more determined than ever to continue to work hand in hand with our partners in the region to help achieve your energy goals,’’ Dr Birol said. “I very much look forward to the next ten years.” 

The ASEAN Chair in 2022 will be held by Cambodia.

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Indonesia’s First Pumped Storage Hydropower Plant to Support Energy Transition

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The World Bank’s Board of Executive Directors today approved a US$380 million loan to develop Indonesia’s first pumped storage hydropower plant, aiming to improve power generation capacity during peak demand, while supporting the country’s energy transition and decarbonization goals.

“The Indonesian government is committed to reduce greenhouse gas emissions through, among others,  development of renewable energy, energy conservation, and use of clean energy technology. Emission reduction in the energy sector will be driven by new and renewable energy generation and application of energy efficiency,” said Arifin Tasrif, Minister of Energy and Mineral Resources of the Republic of Indonesia.

Over 80 percent of the power generated for the Java-Bali grid, which supplies electricity to 70 percent of the country’s population, comes from fossil fuels. A key measure to support Indonesia’s decarbonization agenda is the development of energy storage to enable integration of renewable energy into the grid. Pumped storage hydropower plays a crucial role in this approach.

The financing will support the construction of the Upper Cisokan pumped storage hydropower plant, to be located between Jakarta and Bandung, with an expected capacity of 1,040 MW. The facility will have significant power generation capacity to meet peak demand, provide significant storage capacity to enable a larger penetration of renewable energies and, because of its close location to two large demand centers, will alleviate increasing transmission loads on the grid. As a result, a more environmentally friendly and reliable supply of electricity will benefit consumers in Java and Bali.

“We are excited about this project as it will be the first of its kind for Indonesia. It represents a turning point for Indonesia’s decarbonization pathway. The World Bank will continue to support Indonesia in its efforts to achieve resilient, sustainable, and inclusive development that will benefit the people of Indonesia now and in the future,” said Satu Kahkonen, World Bank Country Director for Indonesia and Timor-Leste.

Pumped storage hydropower makes use of two water reservoirs at different elevations. At times of low electricity demand or when there is abundant generation from clean power sources, such as solar energy, power from the grid is used to pump water to the upper reservoir. Power is generated during peak demand, usually evening hours, as water moves down to the lower reservoir using a turbine, when electricity generation costs are high.

The project will help enhance the system flexibility and efficiency in balancing supply and demand, and therefore improve the reliability and quality of electricity services in Java and Bali. It also aims to support the government to integrate variable renewable energy into the Java-Bali grid, and to do so in an environmentally and socially sustainable manner.

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Iran determined to boost oil exports despite sanctions

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Iranian Oil Minister Javad Oji has said the Islamic Republic is determined to increase its oil exports despite the U.S. sanctions on the country’s oil industry, adding that the use of oil sanctions as a “political tool” would harm the market.

“There is strong will in Iran to increase oil exports despite the unjust and illegal U.S. sanctions; I promise that good things will happen regarding Iran’s oil sales in the coming months,” Oji told the state TV.

As reported by IRIB, Oji noted that Iran can barter its crude oil for goods or even for services and investment not only in the oil industry but also in other sectors as well.

“Oil sales have dropped dramatically since the imposition of unjust sanctions, but this capacity exists in the Oil Ministry and all the industry’s departments to increase oil sales,” the minister said.

Iranian oil exports have plunged under U.S. sanctions, which were reimposed three years ago after Washington abandoned Tehran’s 2015 nuclear deal with six powers.

“Iran will return to its pre-sanctions crude production level as soon as U.S. sanctions on Iran are lifted,” Oji said.

“We are against using oil as a political tool that would harm the oil market.”

Since April 9, Tehran and six world powers have been in talks to revive the nuclear pact. The sixth round of the negotiations adjourned on June 20. The next round of talks has yet to be scheduled.

Oji said Iran backed a decision made by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, on Wednesday to stick to a policy from July of phasing out record output cuts by adding 400,000 barrels per day (bpd) a month to the market.

Iran has been gradually boosting crude oil production to get ready for a strong comeback into the global market as the talks with world powers over the nuclear deal show signs of progress.

According to a Bloomberg report, National Iranian Oil Company (NIOC) officials have stated that the country’s oil fields are going through overhaul operations and connections with oil buyers are being re-established.

“In the most optimistic estimates, the country could return to pre-sanctions production levels of almost four million barrels a day in as little as three months,” the report published in May stated.

EF/MA

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