Post: IEA sets out pathway for net-zero future

IEA sets out pathway for net-zero future

Delivering net-zero energy is achievable but is “perhaps the greatest challenge humankind has ever faced”, the International Energy Agency (IEA) has said.

The Net-zero by 2050: A Roadmap for the Global Energy System report, published on 18 May, provides the world’s first comprehensive roadmap for transitioning to a net-zero energy system by 2050, complete with more than 400 milestones that set out how governments and businesses could navigate the rapid transformation of the global economy.

In the near term, the report describes a net-zero pathway that requires the immediate and massive deployment of all available clean and efficient energy technologies, combined with a major global push to accelerate innovation. The IEA calls for annual additions of solar PV generation to reach 630GW by 2030, and those of wind power to reach 390GW. A major worldwide push to increase energy efficiency is also an essential part of these efforts, resulting in the global improvements averaging 4% a year through 2030.

The roadmap also says no new fossil fuel cars should be sold after 2035, with electric vehicles (EVs) making up around 60% of sales by the end of the current decade. The number of public charging points would also need to rise from 1M today to 40M by 2030, and annual battery production for EVs would grow to 600GWh, up from 160GWh today.

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Notes

The IEA’s report is designed to inform the high-level negotiations that will take place at the 26th Conference of the Parties (COP26) of the United Nations Climate Change Framework Convention in Glasgow in November. It was requested as input to the negotiations by the UK government’s COP26 Presidency.