An electrified and resilient future beyond fossil fuels
The Energy Transitions Commission identifies clean electrification as key to moving away from fossil fuels. By mid-century, electricity's share of energy demand is projected to rise from 20% to over 60%, mainly from wind and solar. Fossil fuels are expected to drop from about 70% to below 20%, with the rest supplied by hydrogen, bioenergy, and carbon capture.
This brief note explains:
- How the efficiency of electrification delivers more useful energy whilst growing GDP
- The key sectoral opportunities for electrification decreasing fossil fuel reliance
- The resulting impacts: reduced exposure to fossil fuels associated volatility
- Actions to accelerate deployment of key solutions and technologies
Sustainability