iea energy reports

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iea energy reports

The Special Report on Clean Energy Innovation is the first publication in the IEA's revamped Energy Technology Perspectives (ETP) series and includes a comprehensive new tool analysing the market readiness of more than 400 clean energy technologies. "Now is not the time to weaken support for this essential work. However, the innovation process that takes a product from the research lab to the mass market can be long, and success is not guaranteed.

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"There is a stark disconnect today between the climate goals that governments and companies have set for themselves and the current state of affordable and reliable energy technologies that can realise these goals," said Dr Fatih Birol, the IEA Executive Director. Please

If key technologies become available by 2030 to take advantage of the next round of plant refurbishments in heavy industry, nearly 60 000 000 000 t of carbon emissions could be avoided.Another issue is that many of the clean energy technologies that are available today – such as offshore wind turbines, electric vehicles and certain applications of carbon capture, utilisation and storage – need a continued push on innovation to bring down costs and accelerate deployment, the IEA states.Around three-quarters of the cumulative reductions in carbon emissions that would be needed to move the world onto a sustainable path would come from technologies that have not yet reached full maturity, according to the IEA report.

Based on an analysis of more than 100 days of real data so far this year, the IEA’s Global Energy Review provides expectations for how energy consumption and carbon dioxide emissions trends are likely to evolve over the rest of 2020.

For example, it would require rapid progress in new battery designs that are still at the prototype stage now to shift long-distance transport from fossil fuels to electricity.But the public and private sectors are currently falling short of delivering the innovation efforts to back up their net-zero ambitions –and the COVID-19 crisis is threatening to further undermine projects around the world focused on developing vital new energy technologies. This analysis shows that getting there would hinge on technologies that have not yet even reached the market today.

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iea energy reports

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