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Markus Dirnbacher's picture
Director, ENcome Energy Performance

AMA - I‘ll be happy to answer all questions. For information upfront please check my LinkedIn profile. All the best, Markus

  • Member since 2020
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  • Sep 17, 2020

Dr. Fatih Birol, Executive Director of the Internatioanl Energy Agency (IEA), said: “ETP-2020 shows that we know what needs to be done to develop and deploy the technologies that can put emissions on a sustainable path.“ 

But what exactly does it take for a successful energy transition? 

A transformation is required in the way we produce, supply, transform, and consume energy. Apart from a shift in mindset regarding energy utilization, a much faster deployment of existing technologies like wind and solar PV, as well as early stage technologies like hydrogen and carbon capture tools, is essential for the world to stand a chance against climate change. 

Matt Chester's picture
Matt Chester on Sep 17, 2020

How much of an issue do you think the stranded assets are when it comes to the energy transition? We have so many stakeholders that have invested such massive capital in the current way of doing things that a rapid energy transition will leave them with highly costly and unprofitable assets. Of course that's the risk of investment, but understandably they're looking to slow any bleeding and they tend to have some decent pull among powerful leaders. 

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