IRENA, European Space Agency signs MoU for the space-based energy transition
The International Renewable Energy Agency (IRENA) and the European Space Agency (ESA) have announced that they have signed a Memorandum of Understanding (MoU) today to advance the global energy transition through space-based services and products.
The new partnership was signed by the two Director-Generals Francesco La Camera and Josef Aschbacher in pursuit of the common goal to ensure sustainable long-term socio-economic development within planetary boundaries.
Data and images from satellites can play a significant role to help countries better assess the geographical potential of renewables, identify the best locations for projects, forecast weather patterns, and support long-term planning of new renewable generation capacity and infrastructure.
Francesco la Camera, IRENA's Director-General said: "Today's partnership opens a new avenue of cooperation to advance the international cooperation on energy transition globally. While an energy system underpinned by renewables is key to decarbonizing our world in line with climate goals, renewables bring socioeconomic benefits with economic opportunity and social equity at its heart. By combining IRENA's knowledge on energy transition with ESA's space research and technology, we can accelerate the low-carbon energy transition and promote sustainable growth."
Under the agreement, IRENA and ESA will make use of space assets and data to improve renewable generation site location, access to energy, electrification modeling, renewable resource mapping, and smart grid planning. Urban energy system planning with a focus on local renewables may also benefit from satellite data while enhancing system resilience.
Making use of digital technologies including 5G and combining for example satellite imagery with artificial intelligence and big data provide a unique opportunity to enable a wider space economy and support energy transitions across the world.