R3POWER
©
Towards energy transition
R3POWER, with the decades-long experience of its founder and the support of a network of consultants with multidisciplinary skills, is your partner of choice in the long path of sustainability and decarbonization
,
The net zero scenario at 2050
To reach net zero emissions by 2050, annual clean energy investment worldwide will need to more than triple by 2030 to around $4 trillion.
This will create millions of new jobs, significantly lift global economic growth, and achieve universal access to electricity and clean cooking worldwide by the end of the decade (iea.org).
Most of the reductions in CO2 emissions through 2030 come from technologies already on the market today. But in 2050, almost half the reductions come from technologies that are currently at the demonstration or prototype phase.
Major innovation efforts must take place this decade in order to bring these new technologies to market in time (iea.org).
Electricity becomes the core of the energy system It will play a key role across all sectors, from transport and buildings to industry.
Electricity generation will need to reach net zero emissions globally in 2040 and be well on its way to supplying almost half of total energy consumption.
This will require huge increases in electricity system flexibility – such as batteries, demand response, hydrogen-based fuels, hydropower and more – to ensure reliable supplies (iea.org.
The global energy sector in 2050 is based largely on renewables, with solar the single largest source of supply. Achieving this cleaner, healthier future will rely on a singular, unwavering focus from all governments, working closely with businesses, investors and citizens.
It will also require greater international cooperation among countries, notably to ensure that developing economies have the financing and technologies they need to reach net zero in time.
CONTACT