South Australia is on the cusp of a genuinely transformational renewable energy and green hydrogen opportunity. It is estimated there is nearly 100GW of economically developable wind and solar resources in South Australia, with $20 billion and 14GW of generation in the investment pipeline already. On top of the publicly announced pipeline of projects, the government estimates an even higher value of non-publicly announced projects at early design phase, including GW scale wind and solar projects proposed for the state’s pastoral lands and state waters.
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Net Zero 2050 A Roadmap For The Global Energy Sector
Summary for policymakers
The energy sector is the source of around three‐quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long‐term increase in average global temperatures to 1.5 °C. This calls for nothing less than a complete transformation of how we produce, transport, and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net‐zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their different capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal, resulting in a clean and resilient energy system that would bring major benefits to human prosperity and well‐being.
Net Zero 2050 A Roadmap For The Global Energy Sector
Summary for policymakers
The energy sector is the source of around three‐quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long‐term increase in average global temperatures to 1.5 °C. This calls for nothing less than a complete transformation of how we produce, transport, and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net‐zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their different capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal, resulting in a clean and resilient energy system that would bring major benefits to human prosperity and well‐being.
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