The global clean energy race

5/17/2019

The Earth is edging ever closer to a point of no return. A joint statement issued during a recent United Nations Climate Change Conference calling for “decisive action” on climate change within the next two years.

Most nations have taken on the challenge to switch from a reliance on fossil fuels to a sustainable energy system – some faster than others.
A recent Carbon Brief report written by the international strategic consultancy focused on sustainable energy; E4tech and Imperial College London and published by Drax has ranked 25 major world economies on their efforts in the transition to clean energy.

Going clean

Clean electricity underpins most efforts shifting towards decarbonization. In 2017, the global average carbon intensity of electricity was 450 gCO2/kWh. Of the 16 major countries below that average, the United Kingdom showed the fastest transition to decarbonization.
Despite consuming the most electricity per year, China and the United States (6,500 TWh and 4,250 TWh respectively) also reduced their carbon intensities in 2017. Indeed, if they could both match the reductions made by the UK, global emissions would fall by 9%.

Coal needs to go

In terms of which countries get the lowest percentage of their electricity from coal, Europe leads the way once again, boasting 60% of the top 10 nations.
Norway sits in first place with 0%. At the other end of the spectrum, three of the six countries at the bottom of the list are from Asia (Indonesia, China and India), although South Africa, which uses coal for almost 90% of its electricity, is placed last among the 25 nations assessed by the report.
When it comes to the transition from coal-based energy, the pattern follows a similar trend to the change in carbon content; the UK and Denmark are ahead of the field. But the USA and China are making progress – both are in the top five, with 18% and 14% decreases respectively.

Atlantic Power Exchange

At Atlantic Power Exchange we are developing a platform to reduce the friction for clean energy adoption. Unlike the traditional strategies we are building the technology giving the consumers the choice in their energy future. The trends proves that if the economic imputes is created, people do change to clean energy sources.
Atlantic Power Exchange and its technology will allow the developing economies to catchup in the clean energy transition race. This also will allow wealth generation for those economies and brings prosperity to the population. At the same time for countries which have limited grid penetration, it will create the economic environment for investments in microgrids and electrify the population with minimal or no government investment.
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