Leading the charge towards a sustainable tomorrow
Energy is a crucial driver of the transition to a sustainable future.
In this month's newsletter, we delve into key challenges and trends shaping our energy landscape, from addressing inadequate grid infrastructure to celebrating milestones in reducing CO2 emissions in Europe. Additionally, we explore the pivotal role of buildings in unlocking energy efficiency potential.
Join us on this journey!
Investing in grids to accelerate the clean energy revolution
Inadequate grid infrastructure poses a significant obstacle to the global adoption of renewable energy. Despite the competitiveness of renewable technologies, insufficient grid capacity hinders their integration with demand centers, jeopardizing progress and future investments. Addressing this challenge requires a monumental effort, with over 80 million kilometers of grid infrastructure needing addition or refurbishment worldwide by 2040 to meet national climate targets. For further insights into this issue, delve into our November edition .
Recognizing the benefits of investing in grid infrastructure is crucial for investors and policymakers. This commitment is reflected in Enel Group 's Strategic Plan 2024-2026 .
Upgrading global electricity systems can significantly reduce harmful emissions, enhance energy efficiency, and better manage fluctuations in renewable energy supply, ultimately extending electricity access to millions worldwide.
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EU's CO? emissions: remarkable progress in the fight against climate change
As Europe strides toward a sustainable future, a recent CREA (Centre for Research on Energy and Clean Air) analysis unveils a promising trend: a decline in CO2 emissions from fossil fuels. This remarkable 8% reduction is the second most significant drop after 2020 and the lowest level observed in six decades. Over half of this decrease can be attributed to cleaner electricity generation, driven by the ongoing expansion of solar and wind power, alongside increased hydropower and nuclear capacity.
Unlocking the energy efficiency potential of buildings
Did you know buildings are responsible for approximately one-third of global energy demand and greenhouse gas emissions? That's why a report titled 'Transforming Energy Demand' by the World Economic Forum (WEF) and PwC suggests that buildings are crucial to unlocking significant energy savings.
According to the report, buildings have the potential to reduce energy intensity by up to 38%, resulting in a 12% reduction in overall global energy demand. Furthermore, implementing energy-saving and efficiency measures could decrease process intensity by up to 90% without significant changes in technology, regulation, or external funding. In the end, implementing these measures by 2030 could yield annual savings of up to $2 trillion.
Thank you for sharing these valuable insights. Upgrading the global grid will be essential for effectively integrating renewable energy sources and achieving national climate targets. The reduction in CO2 emissions in Europe is fantastic news. Hopefully, the continued expansion of solar and wind power will keep that trend going.
Advice for Innovation, AI, DC, Electric Mobility, Smart Infrastructures.
8 个月The communication Style of these Editors "ENEL X" facilitates acceptance of urgent Transformation Actions due to Climate Crisis urgency?
?? Experto en Transformación ágil | Creador de Valor en ENEL | Innovación | Estrategia Digital | IoT | Agile | AR | Ing. Electrónico | Speaker |: Digital Business.
8 个月This article is an inspiring read about the transformative power of energy in shaping a sustainable future! It's exciting to see the challenges of infrastructure being addressed and milestones celebrated in CO2 emissions reduction. Buildings undoubtedly play a pivotal role in this process, and I'm eager to learn more about unlocking their potential for energy efficiency. Thanks for sharing this valuable content! ???? #Sustainability #RenewableEnergy #EnergyInnovation