How smart electrification can unlock renewable energy, by IRENA
The International Renewable Energy Agency (IRENA) said smart electrification could unlock flexibility and enable the integration of renewable energy into the global power grid.
To secure a carbon-neutral future, IRENA said the global energy transition should focus not only on how energy is produced but also on how it is consumed
The report, titled ‘decarbonising end-use sectors with renewable power’ said demand and supply must be transformed simultaneously to deliver efficient and effective decarbonisation of the entire system.
According to IRENA, the demand has not evolved in parallel as transport and heating sectors continue to rely on fossil fuels while both direct and indirect electrification with renewable power provide feasible solutions to electrify many end-use sectors as a result of the sharp cost reductions.
The report noted that key innovations that form the basis of smart electrification strategies offer cost-effective decarbonisation pathways to electrify end-use sectors, increase system flexibility and incorporate large shares of renewable energy in power systems.
It further noted that pathways to end-use electrification such as areas of power to mobility; power to heat and cooling; and power to hydrogen based on 100 key innovations, categorised within four dimensions: technology and infrastructure; market design and regulation; system planning and operation; and business models.
Director-General, IRENA, Francesco La Camera said electrification was key to achieving global goals, noting that smart electrification is a critical enabler for the integration of renewable energy, unlocking flexibility in the energy system and supporting a smooth transition to a sustainable energy future.
“According to IRENA’s 1.5°C Scenario, the share of electricity in total final energy consumption must increase from 21% in 2019 to 51% by 2050. This can be achieved by ramping up electric-powered technologies, many of which are available today,
“Governments around the world should see electrification as a major opportunity to decarbonise end-use sectors, improve energy security and reliability and reduce exposure to the price volatility of imported fuels.” he started.
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