Clean energy technologies still depend on natural resource extraction, so the ongoing energy transition is better conceptualized as a shift toward the extraction of different resources, rather than the extraction of fewer.

The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.

This energy system needs to move from today’s reliance of fossil fuels and antiquated infrastructure into one based on clean, sustainable, and renewable energy sources, delivered through a highly distributed infrastructure, designed for the final consumer of the energy.

Today we do not yet have a Hydrogen infrastructure, market and price competitiveness, or overarching policies to build into a movement that shifts the energy needle.

Nuclear power, hydro, wind and solar are some of clean energy sources.

The Modernisation Fund will allocate around €14bn from the auctioning of allowances from the EU Emissions Trading System (EU ETS)

Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets,

Here are five priorities countries should embed in their climate plans to promote fair transitions. These recommendations will be further developed in an upcoming WRI paper that highlights building blocks and untapped opportunities for social equity in climate action.

If your business case depends on the cost of energy or the cost of storage remaining where they are, ask yourself, what if the cost goes down 50%? That’s only 3 years of decline at 20%/year.