The EU’s statistical office of the European Union Eurostat just published its statistics on the share of renewable energy sources in the electricity, heating & cooling and transport sector in 2020. With a 22.1% share of energy consumed from renewable sources in 2020, the EU has reached its headline target of 20% for that year. There is now a need for structural changes for an energy transition based on 100% renewables.
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In response to the economic slowdown, most governments in the Asia‐Pacific region have implemented economic recovery packages. Strategies have varied. Strategies have varied. Some have focused directly on livelihoods and healthcare, while others have increased investment in infrastructure. A few have declared strong green recovery strategies intended to guide the entire economy in a new direction.
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While China’s commitment to carbon neutrality by 2060 is a good start, electricity demand is already forecast to double by 2050 (from 2017 levels). It therefore must urgently step up its efforts to improve energy efficiency, adopt green and low-carbon energy, expand energy storage, deploy carbon capture and sequestration technologies, and develop a framework for low-carbon urbanization. Many of the needed technologies are already available, and East Asia has the scale to bring down their cost to a level that would enable widespread adoption.
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South Africa faced an acute economic crisis due to the global pandemic. Due to the fall in power demand, the economic crisis impacted the country’s power sector which was already facing persistent issues with power cuts. in a bid to recover from the economic turmoil and promote cleaner sources of energy, the country is focusing on a just energy transition.
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The rise of e-mobility could transform mobility from a preoccupation with ‘gigantism’ to electric micromobility as it lowers transportation costs while avoiding the risk of infection.
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Under the 2015 Paris climate accord, all signatory governments are committed to strengthening their emissions-reduction plans every five years, and of the 105 countries that have publicly done so for the 2020 deadline, 44 are in Africa. That is a promising sign.
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The African Development Bank has approved a Euro 225 million loan to finance Egypt’s Electricity...
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