Global warming has accelerated since the industrial revolution, with IPCC studies predicting a temperature rise of 3-4°C by the century’s end. To prevent severe impacts on life on Earth, achieving carbon neutrality (net-zero CO2 emissions) is crucial.
To combat global warming, it’s essential to save energy and replace fossil fuels with electricity, especially in buildings, transport, and industry. This will require doubling electricity production, which must come from decarbonized sources like wind, solar, hydro, and nuclear power.
Currently, only 20% of global electricity is carbon-free. In the next 30 years, the capacity must increase tenfold, requiring significant investment. Additionally, more decarbonized energy is needed to support a growing economy and population.
Major energy savings are crucial. We aim to contribute by implementing innovative technologies for energy conservation, decarbonized production, and storage to manage renewable energy intermittency.
