Many countries have committed to achieving net-zero targets by 2050 (incl. Policies resolving these barriers may be more effective than price instruments to accelerate the transition to clean energy.Ī rapid transformation of the energy system is necessary to keep warming well below 2 ☌, as set out in the Paris Agreement and reinforced in the Glasgow Pact. Uncertainties arise, however, over grid stability in a renewables-dominated power system, the availability of sufficient finance in underdeveloped economies, the capacity of supply chains and political resistance from regions that lose employment. We find that, due to technological trajectories set in motion by past policy, a global irreversible solar tipping point may have passed where solar energy gradually comes to dominate global electricity markets, without any further climate policies. Here we use data-driven conditional technology and economic forecasting modelling to establish which zero carbon power sources could become dominant worldwide. Solar energy is the most widely available energy resource on Earth, and its economic attractiveness is improving fast in a cycle of increasing investments. Decarbonisation plans across the globe require zero-carbon energy sources to be widely deployed by 2050 or 2060.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |