Demand-side energy reduction has so far received less policy support than supply-side net-zero technologies, despite the fact that, as this interesting new Nature paper claims, ‘energy demand reductions of ~50% by 2050 compared with today are possible while maintaining essential services and improving quality of life’. That would involve more than just improved technical efficiency of energy use and production, something that is already thankfully underway- although still rather too slowly . It would also mean fundamental changes in how energy is used, with radical reductions in consumption due to new social/behavioural patterns. The paper notes that ‘policies explicitly targeting large energy demand reductions remain scarce, suggesting that they have so far been disregarded by policymakers owing to real or perceived lack of political feasibility. Instead, national energy strategies fr...
The world is not on track to triple global installed renewables by 2030 as hoped. That’s according to a new report by the International Renewable Energy Agency and the COP30 Brazilian Presidency, along with the Global Renewables Alliance. An unprecedented 582 GW of renewables was installed last year, but deployment still falls short of what is needed to achieve the COP28 UAE Consensus goal of tripling renewables to 11.2 TW by 2030. To stay on track, the report says the world would need to add around 1,122 GW of renewable capacity each year from 2025 onward—about 20 times what was achieved last year. The report also highlights slow progress on energy efficiency. Global energy intensity improved by just 1% in 2024, far below the 4% p.a. needed to keep the Paris Agreement’s 1.5C temperature target within reach. In its annual Energy Transition Outlook DNV says the roughly same. The energy transition it forecasts ‘remains too slow to meet the goals of the Paris Agreement ...