How can effective transition to a more sustainable, secure and affordable energy system be enabled?
Energy is the lifeline of modern economic and human activity, with most consumed for mobility, by industry and in households. Yet, about 1.3 billion people lack access to affordable modern energy, impeding development. While energy enables economic development, it contributes to two-thirds of global greenhouse gas emissions and is, therefore, a critical area in tackling climate change. Once characterized by slow and steady change, the energy system is experiencing significant transformation, driven by a blend of innovation, major policy changes and changing consumer demands.
In the next two decades, three game-changing themes have significant potential to impact the energy system: advanced energy acceleration, mobility revolution and energy system fragmentation.
The Global Energy Architecture Performance Index Report 2016 ranks 126 countries on their ability to deliver secure, affordable and sustainable energy.