A United Nations-backed report based on interviews with 114 renowned energy experts from all regions of the world, has revealed that renewable power will dominate in the future, with many of the experts saying large international corporations are increasingly choosing renewable energy products.
At a press conference at UN Headquarters, Christine Lins, the Executive Secretary of Renewable Energy Policy Network for the 21st Century, said 2016 was the third year in a row where the global economy continued to grow, but emissions related to the energy sector decreased which was mainly due to renewable energy and efficiency investment in the United States and China.
“Wishful thinking won’t get us there; only by fully understanding the challenges and engaging in informed debate about how to overcome them, can governments adopt the right policies and financial incentives to accelerate the pace of deployment,” she said.
“And so, we actually really see that renewables are, on the one hand making their way into the energy systems of many countries, but also we see that we have come a long way. We have a 20 per cent of the world’s final energy consumption nowadays coming from renewables”.
The Renewables Global Futures Report: Great Debates Towards 100 Per Cent Renewable Energy also noted that more than 70 per cent of the experts stated that a global transition to 100 per cent renewable energy is both feasible and realistic, with European and Australian experts most strongly supporting this view.