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The IEA latest publication, “Energy Technology Perspectives (ETP) 2020”, is a 400-page report on energy technologies, the transition to net-zero emissions, and international climate goals. Here, we will break it down into the most essential points.
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.
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