As any analyst will tell you, the power is in the data. To know where we are going, we first must know where we are. But, setting global energy baselines is anything but easy.
Today, at the Clean Energy Ministerial meeting in New Delhi, the International Energy Agency released two reports – “Tracking Clean Energy Progress 2013” and the “Global EV Outlook.” The latter includes landmark trending data for the global electric vehicle (EV) market, which was then used to determine the overall trajectory of a global clean-energy transition.
According to these two reports, despite significant gains in renewable power generation, coal technologies still dominate and nuclear power continues to struggle. But, a window of opportunity is opening in the transportation sector.
The tracking report reveals analysis shows that the world is not moving quickly enough to meet environmental targets. Key technologies are not being developed. Global research and development investments need to be dramatically increased. The clean-energy transition appears to have stalled.
The world is sitting on a sustainability precipice and, in the words of IEA Executive Director Maria van der Hoeven, “we must change course before it is too late.”
Eleven Progress Areas – Two On Track
In this IEA “Tracking Clean Energy Progress 2013” report, the authors outline a set of eleven progress areas that their analysis has identified as being essential in moving the globe through a cost-effective clean-energy transition. These areas are:
Renewable power
Nuclear power
Gas-fired power
Coal-fired power
Carbon Capture and Storage (CCS)
Industry
Fuel Economy
Electric and hybrid-electric vehicles
Biofuels
Buildings
Smart grids
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