100% renewables by 2050: a technology, market, system, business model toolset for your nation
100% renewables by 2050: a technology, market, system, business model
toolset for your nation.
Energy Post 10th Feb 2020, A growing number of countries are announcing
increasingly ambitious renewable energy targets. But how do you deliver the
results? IRENA’s Elena Ocenic explains that they have developed a toolset
for countries to plot their unique pathway to success.
Those tools range widely across technology, market design and regulation, system operation practices, and business models. The article lists the tools, and runs through some notable successes.
Ocenic emphasises that, today, there is enough evidence to show that 80-100% renewables within decades is a realistic goal for many countries. She looks at the tailored solution they have created for Sweden, in collaboration with the Swedish Energy Agency, to achieve 100% renewable power by 2040.
An important observation is that technology alone is never enough: the right policy frameworks must be put in place too. And one of the biggest challenges is how to maximise renewables beyond the power sector and in to the industrial, transport and buildings sectors while making use of all the innovations now coming to the fore.
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