It’s 2035 and leading nations are fast decarbonising their economies. Other countries are beginning to piggyback on technology advances made by the pacesetters. Electricity generation is increasingly low carbon, fuelled by a huge increase globally in renewables – wind, solar, hydropower and geothermal – as well as nuclear.
In countries with sound offshore geological resources, carbon emissions from industrial processes are being captured and stored safely. Hydrogen is becoming a common energy carrier in the power, industrial, transport, water and built environment sectors. Electric cars, along with biofuel and hydrogen-fuelled long-haul transport, are now the norm. Remote communities not connected to the grid are benefitting from hybrid systems that combine renewable energy and storage to deliver a reliable 24-hour supply.
Across the energy sector people have been retained and reskilled, and new employment created. Air is cleaner and public health is improving. Consumers receive better service, improved reliability and more competitive tariffs as benefits of the transformation are shared. Digital tools enable them to better manage their consumption and keep costs low. It’s a vision for a cleaner, low-carbon, job-secure future.
This is how.