#fossilfuels #electricity #access #affordable #sustainability # After 150 years of fossil fuels is it the source of cheap reliable energy put forward by it proponents. Often cited in claims against wind and Solar they are not affordable, and fossil fuels are. Fundamentally the current electricity supply network is a reflection of fossil fuels effectiveness - after 150 years large parts of the globe still do not have electricity- not even accessible let alone affordable and reliable. It a mystery how myth are perpetuated- this is more than a climate change issue. This is about access to resources- affordability- OPEC+ have controlled energy prices since the 1970s and are continuing to do so. Fossil fuels as the common persons fuel is a myth. Access to Electricity Map For anyone reading this article, the benefits of electricity need not be explained. Access to electricity is now an afterthought in most parts of the world, so it may come as a surprise to learn that 16% of the world’s population — an estimated 1.2 billion people — are still living without this basic necessity. Lack of access to electricity, or “energy poverty”, is the ultimate economic hindrance as it prevents people from participating in the modern economy. Mini-Grids, Big Impact It has taken an average of 25 years for countries to move from 20% to 80% access, so history suggests that it may be a number of years before sub-Saharan Africa fully catches up with other parts of the world. That said, Vietnam was able to close that gap in only nine years. Traditional utility companies continue to make inroads in the region, but it might be a smaller-scale solution that brings electricity to people in harder-to-reach rural villages. Between 2009 and 2015, solar PV module prices fell by 80%, ushering in a new era of affordability. Solar powered mini-grids don’t just have the potential to bring electricity to new markets, it can also replace the diesel-powered generators commonly used in Africa. For the 600 million people in sub-Saharan Africa who are still unable to fully participate in the modern world, these innovations can’t come soon enough.
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| LinkedIn Top Voice | 100.000+ | Energy - Economy - Sustainability - Climate | Works at IEA, the global leading energy authority | (Views here are personal)
This is a quite interesting and powerful finding 👊 The clean #energy transition is not "only" a matter of climate, resources, security and trade. There is also a GIGANTIC social and employment theme associated. The work done by IEA colleagues in the new World Energy Employment (which is fully free here: https://lnkd.in/eMBBXhnj) provides a very interesting overview of what is happening in terms of #jobs, skills and opportunities across the entire energy sector. Because transforming the energy system means much more than energy itself. It requires a new way to move, a new way to produce all the goods we use in our life, a new way of heating our homes or keep those fresh, a new way of using natural resources.... all of this implies that skills required evolve, new industries emerge while others decline or transform. An entire ecosystem changing shape, leaders and key actors. Many #data, interesting thinking and well shaped analysis in the report. . #energy #future #sustainability #employment
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CEO (Chief Executive Officer) and Executive Director at Cyient | NASSCOM Executive Council member and ER&D Council Chair
As the energy transition intensifies, balancing security, affordability, and sustainability becomes critical. Energy efficiency is a key factor in meeting climate and development goals. A recent report from the World Economic Forum shows that improving efficiency can cut energy consumption by up to 31%, saving $2 trillion annually and reducing emissions. I believe Governments must strengthen partnerships with industries to support this transition. Digital twins, representing physical assets virtually, are vital in this effort, providing real-time data to enhance production, reduce waste, increase profits, and cut emissions. Embracing digital twins, in my opinion, can revolutionize industrial operations, paving the way for a greener, more efficient future. Thoughts? #digitaltwins #sustainability #energy (Native - https://lnkd.in/gzqzZVai)
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Facing High Energy Bills? You're Not Alone. Did you know that millions of people are struggling with energy affordability, with low-income households spending up to 17.8% of their income on energy alone? Our latest blog post dives deep into the critical issue of energy equity and explores innovative solutions to make clean energy accessible to all. Here's a glimpse of what you'll learn: 💡The stark reality of energy burdens and how they impact low-income communities. 💡Why complex assistance programs often leave people behind. 💡How AI technology can empower customers and bridge the gap. 💡Key strategies utilities can adopt to promote energy equity and affordability. Want to discover how AI can help create a more equitable energy future for all? Read the full blog post to explore solutions and a path toward a sustainable energy landscape! https://ow.ly/NAp250Ssxze #EnergyAffordability #EnergyEquity #CleanEnergyForAll #AIinEnergy #SustainableEnergy #EnergyInnovation #UtilitySolutions #EnergyFuture
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The G20 summit in India has implications for clean hydrogen. The group agreed to voluntary "harmonization" of clean hydrogen standards. We dive into the topic in our latest newsletter. Check it out here: https://lnkd.in/gDx9wDDc #G20 #RenewableEnergy #Hydrogen
Quercus Research – All About the Energy Transition
https://quercusresearch.com
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Everyone deserves to have access to sufficient energy... and this is not going to happen unless we switch to efficient means of using energy and cutting down on wastage... after all, there is only so much usable energy available at present and taking it to people should not need to be held up due to the pace at which we can increase it... Over the last decade, most of us switched to LED lights, some of us even to BLDC fans. This led to many people getting access to energy that wasn't available before. A good start, but we need more... we should look to switch to more and more energy efficient applications across all walks of life. It is good for our pockets and it creates more for others... a win-win!!
Energy access has always been a key to prosperity. Yet, millions lack it, highlighting an energy equity gap. But here's the twist: our usable resources are finite. We can't just consume more – so, we need to use energy in a smarter fashion. Entering the energy transition is a global shift towards cleaner sources and better energy management. Why does this matter? Here's why: - Energy Security - Less reliance on volatile fossil fuels. - Economic Growth - New jobs & industries in renewables. - Climate Action - Combating climate change for a healthier planet. - Energy Equity - Expanding access to empower communities. The energy transition is about reshaping how we use and distribute this vital resource, and emerging technologies play a very important part in how we reach this goal. So, let's work together for a future where everyone has access to a sustainable energy future! #energytransition #sustainability #climatechange Apoorv Shaligram Uttam Sen
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Sales Director | Grid Software Solutions at GE Digital in Europe - Managing Director at GE Digital Netherlands BV
The World Economic Forum (#WEF) has reported that the #EnergyTransition is off schedule. But there are ways to get it back on track! The WEF also says that '#innovation is a key enabling factor for the #energy #transition and can reduce costs, scale key #technologies, renew and reskill the workforce and attract investments.' #GridOS® #grid #orchestration #software is designed to help accelerate the energy transition for modern #utilities.
WEF says energy transition has lost pace and calls for system overhaul
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Reducing energy intensity can enable the world to reduce its energy needs by approximately a third while freeing further economic output. What are the five actions businesses can take now to deliver this change? Explore our latest report, “Transforming energy demand” to learn more. #EnergyDemand @World Economic Forum https://pwc.to/3vkKFTd. #PwCIndonesia
WEF IBC report on transforming energy demand
pwc.com
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Innovative advancements in technology and the management of energy play a vital role in promoting informed usage of energy and addressing the issue of #FuelPoverty. The emergence of analytics platforms and the introduction of smart thermostats are significant developments in this field. These platforms and devices offer valuable insights and control over energy consumption, enabling individuals to make more informed decisions about their energy usage. By leveraging the power of data analytics and automation, individuals can optimise their energy consumption, reduce waste, and ultimately lower their energy bills. These advancements contribute to a sustainable and efficient energy future, addressing the challenges of fuel poverty and promoting responsible energy use. https://buff.ly/3HiPGhv #FuelPoverty #SmartHome #EnergyEfficiency #HaloSmartIoT
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Global energy demand growth is projected to outpace net zero ambitions by 2050, according to the US Energy Information Administration. Population growth, rapid urbanization, increasing energy access and economic development will all increase demand 👇 #NetZero #EnergyTransition #EnergyDialogue
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