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    Green Energy Transitionand Net Zero Pathway

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    Green Energy Transitionand Net Zero Pathway

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    Vân Châu Trần Trúc
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    GreenEnergyTransitionandNetZeroPathway

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    2 views18 pages

    Green Energy Transitionand Net Zero Pathway

    Uploaded by

    Vân Châu Trần Trúc

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    net/publication/376852144

    Green Energy Transition & NetZero Pathway

    Presentation · December 2023


    DOI: 10.13140/RG.2.2.11691.62244

    CITATIONS READS

    0 9

    1 author:

    Moustafa Shahin
    Heriot-Watt University
    31 PUBLICATIONS 183 CITATIONS

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    Green Energy Transition & NetZero Pathway

    Dr. Moustafa Shahin


    School of Energy, Geoscience, Infrastructure and Society
    Heriot-Watt University University
    Dubai Clean Energy Strategy

    25%
    1.19

    4th phase of the solar park has a production capacity of 950 MW


    Energy transition is much more than just decarbonization

    • The current energy transition is mainly driven by environmental


    sustainability concerns (i.e. climate change concerns), but it will only
    be successful if it simultaneously provides energy security and
    facilitates economic growth and development.

    • The World Economic Forum defines an effective energy transition as:


    “A timely transition towards a more inclusive, sustainable,
    affordable and secure energy system that provides solutions
    to global energy-related challenges, while creating value for
    business and society, without compromising the balance of
    the energy triangle.”
    Global investment in energy transition technologies, 2005-2020

    (CSS= carbon capture


    and storage) Source: BNEF 2021.
    Carbon emissions abatements under the 1.5°C Scenario

    (%)

    Source: IRENA
    Drive a historic surge in clean energy investment

    Clean energy investment in the net zero pathway

    Policies need to unlock new business models and mobilise large‐scale green infrastructure, especially in emerging
    Energy-related CO2 emissions reduction by sector

    Global CO2 emissions rebound quickly after 2020 and then plateau,with declines in advanced
    economies offset by increases elsewhere
    The global fuel mix changes significantly between 2020 and 2050

    EJ = exajoule; MJ = megajoule

    Coal use declines, oil plateaus and renewables and natural gas grow substantially to 2050
    Key clean technologies ramp up by 2030 in the net zero pathway

    MJ = megajoules; GDP = gross domestic product in purchasing power parity.

    Net zero by 2050 hinges on an unprecedented clean technology push to 2030


    Net Zero Pathway 2030

    Source: IEA
    Net Zero Pathway 2040Net Zero Pathway
    Net Zero Pathway 2050Net Zero Pathway
    Key milestones in the pathway to net zero
    Key takeaway messages

    • Energy transition is much more than just decarbonization

    • Global commitments & actions are growing but still fall well short of what is needed to limit
    the global temperature rise to 1.5 °C and cutting 1/3 global emissions.

    • The path to net zero emissions is narrow, achieving net zero by 2050 will require nothing short
    of complete transformation of the energy sector.

    • Electricity becomes the core of the energy system, a rapid shift away from fossil fuels. A surge
    in clean energy investment can bring jobs and growth.

    • We need to drive huge leaps in clean energy innovation to enable new low-emissions
    industries to flourish like advanced biofuels and synthetic fuels, carbon capture and green
    hydrogen.
    Thank You

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