• What Novel Growth Avenues are Transforming the Global Electrification Sector?
    Regulatory frameworks, disruptive technologies, and the growth of renewables and smart grid management technologies will drive electrification

    Research Overview

    Governments across the world are looking for solutions to mitigate climate change and pave the way for decarbonization. The route to decarbonization requires supportive regulatory frameworks that mandate energy efficiency and emission reduction measures across all sectors. To achieve a low-carbon future, significant economic investments in renewables, hydrogen, bioenergy, CCUS, and electrification are required.

    Electrification refers to the replacement of systems that use fossil fuels with systems that run on electricity generated from a renewable energy source (RES) or other low-carbon generation systems. Electrification delivers greenhouse gas (GHG) reductions in 2 ways; first, it shifts energy use from fossil fuels to RESs and low-carbon energy sources, thereby reducing the carbon intensity, and, second, it enables energy efficiency improvements and the increased adoption of digital technologies, thereby creating smart connected hubs. Despite this significant potential to reduce carbon emissions, the adoption of electrification is still nascent. Supporting policies and regulatory frameworks from governments will boost adoption.


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