This report outlines a pathway for the global energy sector to reach net-zero CO2 emissions that emphasizes the transformation of the electric power sector and the three main end-use sectors – industry, transport, and buildings. The electric power sector, while the largest source of energy-related CO2 emissions today, has the potential to be the first economic sector to achieve net-zero emissions due to its lower costs, widespread policy support, and maturity of an array of renewable energy technologies. A key piece of this transformation is increased transmission investment. The report finds that tripling current global electricity network investment by 2030 and beyond can allow global renewables capacity to more than triple by 2030 and increase ninefold by 2050. Carbon-Neutral Pathways For The United States Share this TweetShare on Twitter Share on LinkedInShare on LinkedIn Share on FacebookShare on Facebook Related PostsHVDC Transmission: A National Security and Energy Resilience ImperativeAugust 3, 2023The Latest Market Data Show that the Potential Savings of New Electric Transmission was Higher Last Year than at Any Point in the Last DecadeMarch 21, 2023ACORE’s 2023 Priorities for Transmission Permitting and Siting LegislationFebruary 6, 2023A Roadmap to Diversify the U.S. Renewable Energy and Battery Storage Supply ChainsDecember 15, 2022House Letter to Biden on Commerce InquiryMay 18, 2022Commerce 2012 Scope ClarificationMay 10, 2022
The Latest Market Data Show that the Potential Savings of New Electric Transmission was Higher Last Year than at Any Point in the Last DecadeMarch 21, 2023