In 2021, the IEA published its Net Zero by 2050: A Roadmap for the Global Energy Sector, which sets out a narrow but achievable pathway for the global energy sector to reach net zero emissions by 2050. However, much has changed in the short time since that report was published.

The global economy rebounded at record speed in 2021 from the COVID-19 pandemic, with GDP growth reaching 5.9%. As energy intensity improvements stalled, global energy demand increased by 5.4%.

An Updated Roadmap to Net Zero Emissions by 2050 | Devamı>>>

Poland and Ukraine are increasing this year’s production of thermal coal, the most polluting fossil fuel, preparing for colder months as Europe grapples with an energy security crisis exacerbated by the war in Ukraine.

Thermal coal use as fuel for power plants will need to plummet if the world wants to meet its goals to reach net zero emissions by mid-century.

But, as Russian gas flows to Europe have fallen after Russia’s invasion of Ukraine and Europe’s sanctions on Moscow, the continent is scrambling for alternative supplies.

Poland, Ukraine Increase 2022 Coal Production to Weather Cold Months | Devamı>>>

The current challenges regarding energy security, energy prices and the cost of living have intersected with the climate crisis to remind us that energy efficiency is more indispensable than ever.

The cleanest, cheapest, most reliable source of energy is what countries can avoid using, while still providing full energy services for citizens. That is why the IEA refers to energy efficiency as the “first fuel”. Without early action on efficiency the energy transition to net zero emissions will be more expensive and much more difficult to achieve.

The Value of Urgent Action on Energy Efficiency | Devamı>>>

Carbon pricing, whether through trading or taxes, is considered one of the most important policies to reduce emissions. A price on carbon increases the operating costs of high carbon fuels relative to lower-carbon alternatives. This post introduces an index (termed Coal to Clean Carbon Price Index – C3PI) for approximating the carbon price required to leapfrog fossil gas and support an electricity system predominantly supplied by variable renewable energy.

Fuel switch costs in electricity have historically been analysed through coal and fossil gas generation prices.

Carbon Price Index for Coal-to-Clean Electricity | Devamı>>>

Rolls-Royce’s all-electric aircraft “Spirit of Innovation” made history as the fastest electric aircraft in the world by breaking 3 new world records. Having successfully completed the record attempt, the aircraft successfully broke the current record of 213.04 km/h, reaching a maximum speed of 555.9 km/h at 3 kilometers at 18:45 on 16 November 2021, Turkey time.

In subsequent trials at the UK Ministry of Defense’s Boscombe Down experimental aircraft test site, the aircraft achieved a speed of 532.1 km/h (330 mph) over 15 kilometers, breaking the record for the fastest time to reach 3000 meters in 60 seconds, 292.8 km/h faster than the previous record.

Electric Plane ‘Spirit of Innovation’ Becomes World’s Fastest Aircraft | Devamı>>>

Behavioral changes that affect the way people use energy have also become essential to achieving net zero emissions by 2050.

In the IEA’s Net Zero Emissions Scenario (NZE) to 2050, we need an energy sector that is both decarbonised and capable of supporting a global economy by 2050 that is twice the size of today.
Fundamental transformations are being called for in every corner of the global energy system.

Shall We Change Our Behaviors To Reach Net Zero by 2050? | Devamı>>>

Growing climate change fears and falling costs will drive the uptake of clean technologies this year. What does 2020 hold for the low-carbon economy? Every year, the clean energy analysts at BloombergNEF predict what will happen in energy, transport, commodities and sustainability over the next 12 months.

While companies and investors are more committed to a cleaner future than ever before, governments still have the capacity to accelerate – or impede – their progress and so November’s US presidential election will have major implications for the speed of decarbonization globally.

The Low-Carbon Economy Takes Center Stage In 2020 | Devamı>>>