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Speeding Up The Energy Transition To Net Zero Carbon

Updated: Oct 26, 2022

The falling cost of renewable energy technologies, growing climate advocacy, broadening regulatory mandates, and rising consumer demand for greener and more sustainable energy sources create significant potential for the energy sector. However, global energy demand is rising rapidly because of economic and population growth, resulting in new challenges. According to IEA in 2021, although electricity demand in Europe dropped to Sunday levels during Covid-19 induced lockdowns, post-lockdown recovery of electricity demand is now above 2019 levels.

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