The supply of renewables is not keeping up with the demand created by climate change for electrification across multiple sectors. According to the IEA, renewables are set to account for over 90% of global electricity expansion over the next five years, overtaking coal to become the largest source of global electricity by early 2025. But the growth in demand for electricity is outpacing the growth in renewable supply, such that fossil fuel-based generation and their resulting carbon emissions has actually increased in response to that growing demand.
To ensure that the universal electrification can be achieved in the most sustainable way, it is vital that electricity is generated from clean, renewable and reliable resources. Balancing consumer demand with the requirements for grid resilience and electrical infrastructure capacity requires technical excellence at every stage of sustainability planning to ensure business, policy, and planetary needs are met.
The Promise of Electrification is the first in the IEEE Technology Center for Climate webinar series Empowering The Green Tech Revolution: From Design to Deployment. Co-organized by the IEEE Technology Center for Climate (ITCC) and Reuters Events , this webinar brings a global and holistic perspective on the drive for electrification in the framework of the “Green Transition”. The event convenes thought leaders from industry, policy makers, and engineers to address questions about electrification that are of concern to people today.
Panelists will discuss and share:
• A stronger understanding on grid resilience, existing grid capacity and energy storage, with specifics of the EV transition.
• Better knowledge of the requirements and differences between green tech options and the implications in terms of affordability, timelines, and barriers.
• How to identify current investment opportunities available in the EU to ensure supply resilience and support the energy transition of your business.
• A deeper understanding of how policy and regulatory planning underway in Europe and elsewhere will impact grid resilience and electrification and how it will affect business roll out of electrification deployment.
• Insights into the economic costs and implications of electrical transformation and how that will affect capital flow and economic growth.
Find out more about the IEEE Technology Center for Climate (ITCC) activities and events at itcc.ieee.org.