Pakistan Institute of Development Economics

Search
Search
Energy Innovations
Webinars Brief 16:2020
QR Code https://file.pide.org.pk/pdfpideresearch/wb-016-energy-innovations.pdf

Energy Innovations

Publication Year : 2020
Author: Amena Urooj
Explore More : Webinars Brief

Globally energy policies are designed to address the energy trilemma (supply inadequacies, demand inefficiencies and reduction in greenhouse gas emissions). The objective globally pursued is to achieve SDG Goal 7- access to clean and affordable energy for all. This is pushing for innovative solutions. Global trends suggest increased focus towards renewables, moving from the centralised energy management to the hybrid and off-grid management, electrical vehicles, storage technologies, micro and smart grids. The world’s commitments towards SDG 7 for the reliable, affordable, sustainable, and modern energy access for all till 2030 has led to the increase in the share of renewables in the global energy mix; and an exemplary improvement in energy efficiency. Global trends suggest, almost 50 per cent of electricity in future would be generated from renewable resources.