Challenge
To fight climate change, we need reliable, renewable power
Power generation is currently the largest source of CO2 emissions globally.* And by 2050, it's expected that more than 50% of global energy consumed will be in the form of electricity compared with 20% in 2021.** The fight against climate change will need clear and sustained commitment and decisive action from countries, corporations, and citizens to achieve rapid decarbonization to limit temperature rise to 1.5 degC. Good news: The power sector is leading the transition to net-zero emissions by rapidly ramping up renewables such as solar and wind. Food for thought: The wind doesn't blow and the sun doesn't shine 24/7. What renewable resource can we leverage as a reliable solution to supply energy to the power grid?
*IEA (2022), Electricity Sector, IEA, Paris
**IEA (2022), World Energy Outlook 2022, NZE Scenario, IEA, Paris
