Energy Transition Lecture Slide - UWI - Nov 2022
Energy Transition Lecture Slide - UWI - Nov 2022
Transition
Dr Nathaniel Babajide
Coventry University, UK
02 November 2022
Today’s Session
Ø Sustainable Development
Energy transition entails shifting away from coal, oil and gas to
renewable, decentralised energy systems
Climate Change – Evidence?
90% of all decarbonisation in 2050 will involve renewable energy through direct
supply of low-cost power, efficiency, electrification, bioenergy with CCS and green
hydrogen.
Despite some progress, the energy transition
is far from being on track to 1.5°C
Tracking progress of key energy system components
Achieving the 2050 target depends on sufficient action by 2030. Radical action is needed to
change the current trajectory. This will require political will and well-targeted policy
packages.
Key milestones and actions for rapid
emission reductions
The global weighted average levelised cost of electricity from utility-scale solar
photovoltaic (PV) projects fell by 85% between 2010 and 2020, concentrating solar
power (CSP) by 68%; on-shore wind by 56%, and off-shore wind by 48%.
Renewables could decarbonize 90% of the
power sector by 2050
Renewables will provide 65% of
the total electricity supply by
2030 respectively from over
25% in 2018
Benefits:
ØInsulation
ØControl Infiltration
ØReclaim heat
Ø Behavioural/Lifestyle changes
Ø Cost/investment Requirement
Ø Policy Recommendations
Questions?