Record global power sector emissions by 2022, because Renewables aren’t growing fast enough - Energy Post
- D2Grids Communication
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- the 23-07-2021
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The IEA is forecasting that renewables will cover only half the projected increase in global electricity demand in 2021 and 2022. Despite renewables’ impressive growth, coal and gas will be needed to cover the rest. That means emissions will rise to record levels. That will be the reverse of the IEA’s (and many others’) “Roadmap to Net Zero by 2050” pathway, where three-quarters of global emissions reductions between 2020 and 2025 come from the electricity sector, requiring coal-fired electricity generation to fall by more than 6% a year.
Most of the increase in electricity demand is expected to come from the Asia Pacific region, mainly China and India. There have only been two years when renewables growth has exceeded demand growth: 2019 and 2020. Even then, it was largely due to exceptionally slow or declining demand. The day when renewables’ growth [...]
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