Renewable electricity a key pillar for the global energy transition
- Mar 16, 2021 4:13 pm GMT
This item is part of the Power Generation - March 2021 SPECIAL ISSUE, click here for more
Addressing climate change requires the decarbonisation of energy supply and demand by 2050. The United States, Europe and China have committed to net zero or carbon neutrality by mid-century. Others are following suit. This will have a profound effect on the global energy transition, placing electricity as a key vector to decarbonize the whole energy sector. The latest insights from IRENA’s World Energy Transitions Outlook have been released 16 March at the Berlin Energy Transitions Dialogue. It provides in-depth analysis what these effects will look like, starting from the Paris Climate agreement objective of limiting climate change well below 2 degrees and with an effort for 1.5 degrees Celsius by the end of this century. While several options are considered for a deep decarbonisation, it is clear that renewable energy, energy efficiency and electrification are at the centre of the global energy transition.
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