The International Energy Agency (IEA) presented their Energy Technology Perspectives 2020. We must all utilise the existing assets and infrastructure accelerate clean energy transition.
Energy Technology Perspectives 2020 is a major new IEA publication focused on the technology needs and opportunities for reaching international climate and sustainable energy goals.
Blind spots todays are existing factories, power plants, cars etc. with huge energy structures for several decades to come. We must be aware of and utilise the existing infrastructure to reach the net-zero emission and climate goals by 2050.
Wether it is carbon capture and storage (CCS), clean hydrogen technology, wind technology, solar technology, power-to-X etc. the existing and well established energy infrastructure is to big to be ignored. More over, we can lean a lot from the existing infrastructure.
Industry assets are still young. Assets in heavy steel production, cement production, chemicals production and power plants are build for 50-60 years life time.
Pending on the power sector is not enough to reach climate goals. There are energy technology progress hinges on innovation. Still needing technologies to reach the coals.
Heavy industry and long distance transport solutions not available, and there is high demand for decisive political direction and strategy.
The goals for climate changes requires more than ever collaboration and technology development within CCS, wind, solar, Batteries, Bioenergy, nuclear, hydrolyses etc. Multilateral cooperation must be initiated.
Nuclear is today the second larges contributor to zero-emission free energy and the deployment of small modular reactors will heavely reduced the overall costs.
This report offers vital analysis and advice on the clean energy technologies the world needs to meet net-zero emissions objectives.
The report’s comprehensive analysis maps out the technologies needed to tackle emissions in all parts of the energy sector, including areas where technology progress is still lacking such as long-distance transport and heavy industries. It shows the amount of emissions reductions that are required from electrification, hydrogen, bioenergy and carbon capture, utilisation and storage. It also provides an assessment of emissions from existing infrastructure and what can be done to address them.
IEAs Energy Technology Perspectives 2020;
https://www.iea.org/reports/energy-technology-perspectives-2020