Distributed generation

• [New] To achieve deep decarbonization by 2050, we need long-duration storage, storage, low carbon fuels and energy carriers, advanced nuclear reactors and effective carbon capture.
• [New] The priorities of the Biden administration for a more unified decarbonization approach could result in a new design and operating standard for transitioning the energy system.
• [New] US$ 11 trillion will need to be invested in production and storage globally by 2050 to ensure that green hydrogen can meet 25% of the project global energy needs by 2050 - being the level of demand that is not easily met by electrical energy, including the difficult to decarbonise industries.
• [New] The year 2021 will be a defining one for the gas and LNG industry, as decarbonizing natural gas will become a strategic priority for the gas industry.
• [New] Accelerating decarbonization by a few years can result in less cumulative emissions than a slower decarbonization process that eventually resulted in lower annual emissions by 2050.
• [New] Ensuring that MLP electricity supplies are decarbonized on pace, in coordination with the rest of the Commonwealth's electricity supply, is critical to achieving both a 45% reduction in emissions below the 1990 baseline in 2030 and Net Zero in 2050.
• [New] In the next decade, electric vehicles, heat pumps and battery storage systems will increasingly become the norm in households and businesses.
• With China recently committing to carbon neutrality by 2060 and Joe Biden promising to return the United States to the Paris Agreement on climate change, the decarbonization push is becoming both global and synchronized.
• Europe is committed to a greener and decarbonized society; transport contributes to 27% of EU's greenhouse gas emissions and EU Member States have agreed that 14% of energy for transport will come from renewable energy sources by 2030.
• The world will not be able to reach global decarbonization without major changes from India, one of the fastest growing economies where coal demand over the next five years is expected to grow more than any other country.
• With China recently committing to carbon neutrality by 2060 and Joe Biden promising to return the United States to the Paris Agreement on climate change, the decarbonisation push is becoming both global and synchronised.
• The Black Country is one of seven strategic industrial clusters across the UK being supported by BEIS and Innovate UK to decarbonise by 2040.
• To achieve net zero by 2045 Scotland needs to decarbonise industry, transport, heat and power.
• The CCC has been clear that, in order to achieve net zero by 2050, GGRs will be necessary to balance residual emissions from some of the most difficult to decarbonise sectors, such as parts of the agriculture and aviation sectors.
• The Welsh Government is committed to ambitious targets to achieve net zero emissions from Welsh homes by 2050 - something that will require significant investment in order to decarbonise the electricity and heat supply to them.
• There is no doubt that 2021 will bring even more growth to the Biofuels sector, especially as governments around the world are taking bolder steps to promote the decarbonisation of the Transport sector.
• The pathway to decarbonisation in Europe will require a dramatic increase in variable renewable energy (VRE) production in the coming years.
• President-elect Biden will take the US back into the Paris agreement in 2021, which will be material in terms of aligning all major economies globally towards reducing carbon emissions significantly over the next 30 years and beyond.
• The UK would bring forward its ban on the sale of new fossil fuel vehicles by a decade to 2030 to hasten the decarbonisation of its transport sector.
• All New Lorries Must Be Emissions-Free In The 2030s If The UK Is To Decarbonize By 2050 - Growing demand for freight transport mean that improving the efficiency of lorries will not be enough to achieve the climate targets, a study by the NGO Transport & Environment shows.
• Offshore renewable energy is one of the most promising routes to increase future power generation in the coming years in a way that meets Europe's decarbonisation objectives and expected rise in electricity demand in an affordable manner.
• From about USD 300 billion globally in recent years, annual investments in renewables must triple to USD 800 billion by 2050 to fulfil key global decarbonization and climate goals.
• Germany's lower house recently approved a tax on greenhouse gas emissions, to begin in 2021, which will increase the prices of heating oil, car fuels, and natural gas.

Last updated: 24 January 2021