ENClean electrification should be at the heart of all strategies to achieve a net-zero-emission economy, with electricity applied to a far wider range of end applications than today and all electricity produced in a zero-carbon fashion. Electrification is the most efficient way to meet most energy needs.
Thanks to rapidly falling costs of renewable electricity generation and the inherent efficiency gain associated with a switch to electricity, clean electrification can lower total energy system costs, while also delivering major local and global environmental benefits. As the ETC’s latest report on the global power system describes, direct electricity use could and should grow from today’s 20% of total final energy demand to reach close to 70% by 2050, with electricity generation to support direct electrification growing from 27,000 TWh to around 90,000 TWh…