The main question is how to design a better system of Generation, Transmission and Distribution of Electric Energy, with low carbon, without reducing the reliability and without imposing undue and unnecessary costs.

"Nuclear power is enjoying a sustained growth in capacity at the fastest rate in 25 years,"

EIA forecasts wind’s share to reach 10.3% in 2021.

Goldman Sachs predicted that green hydrogen will become a $12-trillion market by 2050.

The global oil demand forecast for 2020 is revised down by 0.3 mb/d. For 2021, oil demand growth is expected to grow by 6.2 mb/d, y-o-y, representing a downward revision of 0.3 mb/d compared to last month’s assessment.

"If you look at it in terms of energy efficiency, nuclear energy is not the most efficient way of developing electricity. Solar energy probably offers better efficiency in the long-run, while in the short-run because of the depressed price of oil, countries are finding it more economic to just import oil."

President Xi Jinping said China's carbon emission will peak by 2030 and it will attain carbon neutrality by 2060, and thus make a huge contribution to the global fight against climate change.

Annual investment in renewables would need to almost triple from an average of just below USD 300 billion in 2013-2018 to almost USD 800 billion through 2050.

In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020.

"India is set to nearly double its energy consumption over the long-term," Prime Minister Narendra Modi told the virtual forum. "Our energy sector will be growth-centric, industry friendly and environment-conscious."

Russia’s energy-related CO2 emissions in 2019 were around 20% below their 1990 level, at around 1 750 MtCO2.

Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to CNOOC. The emissions created by the LNG cargo were offset by carbon credits procured through investments in wind energy and forest protection projects.

It’s possible that the coming transportation revolution will greatly reduce demand on the grid.

Utility-scale wireless transmission is another one that could change the way the grid operates.

OPEC earned an estimated $595 billion in net oil export revenues in 2019, a decrease of 17% compared with the estimated 2018 net export revenue and less than half the estimated record high of almost $1.2 trillion earned in 2012.