Main Menu
Publish World Outlook Learn

Affordable and Clean Energy

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.

  • [New] Together with state and territory government actions and the rapid reduction in the price of solar and renewable energy, Australia can easily achieve a 50% reduction in emissions by 2030. 7News
  • [New] The Smart Energy Council welcomed the plan to lift the share of cheap renewable energy in the National Electricity Market to 82% by 2030. 7News
  • [New] There was evidence that hydrocarbons would be needed to meet energy needs until at least 2060 and prematurely ending operations would place up to 100,000 jobs at risk. The Times
  • [New] The use of proven ABB technology will allow GSW to save energy and reduce its carbon emissions through increased efficiencies. Machinery Market
  • [New] According to estimates from the International Energy Agency, OPEC and Russia could account for 58% of global oil supply by 2050, up from 46.5% last year, as other countries - including the United States - invest less in exploration and production as shareholders demand greater financial discipline. CNN
  • [New] As much as technology or policy, confidence and trust of all parties in decision-making will determine whether Canada succeeds in meeting its energy and climate goals. Policy Options
  • [New] The growth of worldwide renewable electricity is expected to continue over the coming years as the world expands its capability to generate energy from solar panels, wind turbines, and a number of other resources. Yahoo News
  • [New] The WWF wants WA to set a target for the share of renewable energy in the power system by 2030. Brisbane Times
  • [New] There is no gas shortfall and soon, there will be no market for dirty Australian gas as the world moves to renewable energy, with some of Australia's biggest gas customers setting binding emissions reduction targets. Greenpeace Australia Pacific
  • [New] Closing coal-burning power stations by 2030 and replacing them with renewable energy backed by batteries is the fastest and most effective way for Australia to avoid a climate catastrophe. Greenpeace Australia Pacific
  • [New] India, the world's third-biggest emitter, experienced strong growth in renewable energy capacity in the past year, but its target - set out at Cop 26 - of reaching net zero by 2070 is also regarded as too weak by many. The Guardian
  • [New] Development of a long-duration energy-storage market would enable the energy system to function smoothly with a large share of power coming from renewables and would make a substantial contribution to decarbonizing the power sector fully by 2040. McKinsey & Company
  • [New] Demand for coal will peak in 2026 as the growth in renewable energy continues to outstrip forecasts, with the International Energy Agency predicting a 60% growth in global clean energy generation over the next five years. The Sydney Morning Herald
  • [New] Renewable electricity capacity by 2026 will equal the current total global power capacity of fossil fuels and nuclear energy combined. Reuters
  • [New] Innovative Australian investment group Skylife has become the latest investor in eleXsys Energy, the inventor of a game-changing solution that unleashes the full potential of local renewable energy. ECO News
  • [New] In the short term, higher energy prices should push inflation up to 5.8% in Q1 in 2022, but favourable and powerful base effects should quickly kick in and bring inflation back to 4% by the end of 2022. Economic and Strategy Viewpoint - November 2019
  • [New] Russia is highly dependent on oil and gas exports, and in the long term, the clean energy transition will pose significant risks to its finances and influence. Foreign Affairs Magazine
  • [New] Countries around the world are erecting barriers to cheap clean energy inputs from abroad, fearing dependence on other countries and seeking to build job-generating industries within their own borders. Foreign Affairs Magazine
  • [New] A net-zero global economy will require large supply chains for clean energy components and manufactured products, trade in low-carbon fuels and critical minerals, and continued trade in oil and gas. Foreign Affairs Magazine
  • [New] The transition to clean energy will wind up augmenting the influence of some oil and gas exporters by concentrating global production in fewer hands. Foreign Affairs Magazine
  • [New] In the long term, the European Union will have to reckon with its profound disagreement on nuclear energy, which could both reduce dependency on Russian energy supplies and help the European Union meet its climate initiatives. War on the Rocks
  • [New] With the goal of being carbon neutral by 2027, Vodafone will begin a trial of cell towers powered by wind and solar energy late 2021 as a part of its Shared Rural Network in the United Kingdom. Inside Towers

Last updated: 05 December 2021