With Russia’s war in Ukraine worsening a global energy crisis, new reports have come to similar conclusions about what nations need to do to secure their energy future while hitting climate targets
... [+]With Russia’s war in Ukraine worsening a global energy crisis, no less than five new reports have come to similar conclusions about what nations need to do to secure their energy future while hitting climate targets.
In short, governments need to double down on renewable energy, massively improve efficiency, and electrify their economies.
More than 50 countries, including the world’s five largest economies, generated over a tenth of their electricity from wind and solar in 2021. Seven nations, including China, hit that 10% threshold for the first time. Meanwhile, three countries—Denmark, Luxembourg and Uruguay—derived more than 40% of their electricity from wind and solar.
But perhaps most striking was the breadth of the change in electricity generation, with wind and solar deployment now gathering pace in almost every region. Since the outbreak of the coronavirus pandemic in 2020, the Netherlands, Australia and Vietnam saw the largest transformations to their electricity systems, with each nation switching more than 8% of their electricity production from fossil fuels to renewables.
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