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The Challenges of the Energy Transition

Fossil fuels will not last forever, and because they emit CO2, they contribute to global warming. In light of this, most countries across the globe have started an “energy transition”. But which path must they follow to make their transitions successful? The International Energy Agency has published a scenario that would enable our planet to achieve ”carbon neutrality” by 2050.

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Wind turbines in Rio Vista, California: renewable energies are expanding worldwide. © FOTOLIA

“The energy transition” refers to the shift from energy production and consumption systems, which rely primarily on fossil fuels (oil, natural gas and coalCoal is ranked by its degree of transformation or maturity, increasing in carbon content from... ), to an energy mixThe range of energy sources of a region. that is more efficient and less carbon intensive.

This type of transition is nothing new. Coal in the middle of the 19th century, oil in the middle of the 20th, civilian nuclear powerIn physics, power is the amount of energy supplied by a system per unit time. In simpler terms, power can be viewed as energy output... in the 1970s, all brought about major changes in the energy mixes, although back then, the different sources did not supplant one another, but were more complementary.

No Ideal and Universal Energy Mix

60% : the share of electric cars worldwide by 2030 (IEA goal) 

Most experts agree on a number of points:

  • There is no ideal mix that will be unanimously adopted worldwide. The energy transition is specific to each country or group of countries, even if the aim during international climate summits is to adopt major global objectives.
  • Energy systems lack momentum, making energy transitions a slow process.
  • Energy transitions cannot be achieved without disruptive technologies and without radical changes in how energy is used by consumers. The International Energy Agency has however worked on global scenarios and insisted on the need to move fast – by 2050 – if we are to limit the global average temperature rise to 1.5°C before the end of the century.

The IEA is a specialist organization, which comprises the Western developed countries and, since 2015, also includes “association members” such as China, India, Brazil, and South Africa, which gives it a worldwide audience.

For the very first time in May 2021, it published a special report which outlines a ”carbon neutral” planet by 2050, i.e. one in which CO2See Carbon Dioxid emissions do not exceed the amount that can be captured1. The IEAAn independent, intergovernmental organization founded within the framework of the OECD... reckons that the path is “narrow but still achievable”.

What would a carbon neutral world look like?

Did you know ? Electricity worldwide could be entirely carbon-free by 2040 (IEA goal)

According to this vision of the future, which is by no means set in stone and may vary from one country to another:

But vigilance is crucial in a number of sectors:

  • Always bear in mind the intermittent nature of wind and solar power so as not to disrupt the electric grids.
  • Keep an eye on cybersecurity to protect systems that are increasingly smart yet vulnerable to hacking.
  • Watch out for metals with limited reserves (cobalt, lithium, etc.) and for Rare Earth Elements, which will be essential for producing such quantities of electric cars, wind turbines and solar farms.

“The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.” This now famous adage was spoken by Sheikh Yamani, former Saudi oil minister, in an interview with The Daily Telegraph on June 25, 2000. 

 

Source:

(1) Net Zero By 2050 - Analysis - IEA