How NexaNs is HelpiNg to drive tHe eNergy traNsitioN

2022-03-25
●energy production and consumption accounts for two-thirds of the world’s greenhouse gas (GHG) emissions, which are having a proven effect on climate change. Driven by population growth, urbanization, the industrialization of new economies, the rapid rise in mobility and the exponential growth in communications, worldwide energy demand is expected to increase by 40% by 2040 and by 70 to 80% for electricity - even though some 1.1 billion people still have no access to an electrical grid.
●The energy transition presents a major challenge in satisfying the need for energy, which is inseparable from growth and quality of life, while capping our emissions to protect the climate and environment. Its success requires a radical transformation of energy systems: a change in the energy mix towards low-carbon technology, improved energy efficiency throughout the entire chain (energy production, transmission, distribution and consumption), and in all applications (buildings, transportation, communications and industry).
●The Paris Climate Agreement has given renewed impetus worldwide to this aim. Signed by 180 countries in December 2015 at the end of the CoP 21 meeting, it aims to keep climate change below 2ºC compared with the pre-industrial era levels and to arrive at a carbon-neutral state in the second half of the century. For the treaty to come into effect, at least 55 countries representing 55% of GHG emissions must ratify the treaty by decree or by their parliament. China and the United States, which together account for 42% of the world’s emissions, ratified the climate agreement on September 3, 2016, which should have a knock-on effect on the other countries.
●The european Union, which accounts for 11% of global GHG emissions, has undertaken to reduce its GHG emissions by at least 40% by 2030 (compared with 1990 levels), and is targeting an 80 to 95% reduction by 2050. France shares this target for 2030 and is focused on reducing its end energy consumption by 50% and its GHG emissions by 75% by 2050.

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November 2016

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