To stay on track with a 1.5 degrees C pathway, electricity will need to make up 35% of global ?nal energy consumption by 2035 and exceed 50% by 2050, up from 23% today, the International Renewable Energy Agency (IRENA) said recently.
this is according to IRENA’s revised 1.5 degrees C Scenario in the forthcoming World Energy Transition Outlook.
the organization said its analysis points to the need for the adoption of a 2035 electri?cation target. ‘To keep the 1.5 degrees C goal within reach, the world needs a clear global direction of travel.
iRENA data supports the establishment of a global electri?cation target for 2035, complemented by targets for grids and system ?exibility,’ said IRENA Director-General Francesco La Camera as IRENA released its new report, called ‘Transitioning away from fossil fuels: A roadmap based on renewables, electri?cation and grid enhancement.’ According to the study, while the global goals of tripling renewable power capacity and doubling energy ef?ciency improvements by 2030 remain key, they are not alone enough to achieve the global energy transition.