A New World: The Geopolitics of the Energy Transformation
Renewable sources of energy, particularly wind and solar, have grown at an unprecedented rate in the last decade and have consistently surpassed expectations. The growth of their deployment in the power sector has already outpaced that of any other energy source, including fossil fuels, which include oil, coal and natural gas. Renewables, in combination with energy efficiency, now form the leading edge of a far-reaching global energy transition.
This is according to the new report 'A New World: The Geopolitics of the Energy Transformation' by the the Global Commission on the Geopolitics of Energy Transformation.
The Global Commission argues that global energy transformation will affect social, economic and environmental factors that are often among the root causes of geopolitical instability and conflict. While the characteristics and rapid growth of renewables will generate new risks, the energy transformation will also create opportunities to overcome some of these challenges.
Download the report below.