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Transition of energy shows success driven by European Union

Posted on March 8, 2020March 6, 2020 By Jorge Sipple No Comments on Transition of energy shows success driven by European Union

The transition of energy is a major challenge which as thwarted the addiction of the world to the fossil fuels. The IEA has fortunately given some good news lately when it had announced that the emissions of Co2 in the year 2019 has not increased in comparison to the year 2019 while the economy of the year had grown by 3 percent. The stabilization in an unexpected manner has been resultant of the rapidly growing renewables and the substitution of coal by the natural gas. The major contributor in the reduction of the emissions of CO2 has been European Union where the decrease has been 5%. The share of Germany had been largest in the countries of OCED where the decrease was 8%.

The momentum in terms of politics has been towards the parties which have been seeing a good amount of growth in the last few years in a good part of the European Union particularly in the country of Germany. The Economy ministry has been producing a draft report where a hydrogen economy development has been essential for a society which is carbon neutral by 2050.

The growth has been impressive of the renewables in Germany has been a big boon for fight which is against climate change. The infrastructure though has not been designed for the production of decentralized energy has been a major challenge. Further, the intermittency of solar power and wind power has been a major obstacle for the continued and reliable supply energy

Hydrogen may be a solution. The plan of Germany is for developing a value chain which includes consumption, transportation, storage and production. They say that the year 2050 is when they will get energy success.

Jorge Sipple
Jorge Sipple
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