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To reach CO2, energy goals, combine technologies with stable policies: World electricity firms

10.11.15 | Terry Collins Assoc

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An association of the world's leading electricity firms today lit a picture of a future high-tech enabled world energy mix that would help nations meet climate-related CO 2 reduction pledges and the expanding demand for electricity.

In a report for the upcoming world climate summit (COP21, Paris, Nov. 30 - Dec. 11), the 11-member Global Sustainable Electricity Partnership catalog innovations and technologies in development industry-wide for the generation, distribution and storage of energy, as well as to reduce its use.

The report describes the outlook for some 50 existing and emerging technologies related to electricity generation (25), systems (11, eg. grids, batteries and other means of energy storage), and use (14, eg. energy efficiency, lighting).

It also outlines electricity trends in key regions and countries: Europe, USA, China, Japan, Brazil and India, stressing that an optimal combination of existing and new technologies will vary from country to country, even within geographical regions. Variables include the structure and state of local and regional electricity systems, the availability of energy resources, the development of industry and the speed at which the less mature technologies improve in terms of performance and cost.

In an open letter, the group's top executives jointly underline four core policy-making principles needed to foster the industry innovation and investment required to meet ambitious climate and energy goals, beginning with secure, stable, clear, consistent and long-term policies and a system-wide perspective.

The report, Powering Innovation for a Sustainable Future, the outcome of a two year international consultation process, concludes: "Energy efficiency and technological innovation in the electricity sector are essential to both reduce emissions and improve the quality of life of citizens around the world. COP21 policymakers are well positioned to help accelerate the development and deployment worldwide of energy efficiency measures and of innovative technologies with effective policies."

With a combined total of 1.2 billion customers, the 11 GSEP utilities — American Electric Power (USA), Électricité de France, Eletrobras (Brazil), ENEL (Italy), EuroSibEnergo (Russia), Hydro-Québec (Canada), Iberdrola (Spain), Kansai Electric Power Company (Japan), RusHydro (Russia), RWE (Germany) and State Grid Corporation of China — delivered about one third of the world’s electricity last year, of which approximately 60% was generated with no direct CO2 emissions, from hydro, other renewables and nuclear.

The group has 2 .4 million employees, 4,000 of them dedicated to research and development, and invests roughly $3 billion in R&D each year.

In their open letter, the top executives urge policy makers to embrace four core principles:

"Together, we are leading the way in the global effort to avoid, and reduce carbon dioxide emissions by optimising technologies in the right mix, amount, time and place," the executives say. "By systematically optimising and applying the full portfolio of advanced technologies as they become commercially available, we believe that sustainable progress can be made over time to help meet global climate challenges."

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About the Global Sustainable Electricity Partnership (GSEP, globalelectricity.org )

Based in Montreal, the Global Sustainable Electricity Partnership is a non-profit organization playing an active role on international global electricity issues and promoting sustainable energy development through electricity projects and human capacity building activities in developing and emerging nations worldwide.

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Contact Information

Terry Collins
tc@tca.tc

How to Cite This Article

APA:
Terry Collins Assoc. (2015, October 11). To reach CO2, energy goals, combine technologies with stable policies: World electricity firms. Brightsurf News. https://www.brightsurf.com/news/1EKMEE51/to-reach-co2-energy-goals-combine-technologies-with-stable-policies-world-electricity-firms.html
MLA:
"To reach CO2, energy goals, combine technologies with stable policies: World electricity firms." Brightsurf News, Oct. 11 2015, https://www.brightsurf.com/news/1EKMEE51/to-reach-co2-energy-goals-combine-technologies-with-stable-policies-world-electricity-firms.html.