100% Renewable Energy Transition by 2050 — both possible and affordable
In an era of accelerating climate change, environmental degradation is proving to be an existential threat to Europe and the world at large. As such, the EU is further strengthening the momentum of the global energy transformation from fossil fuels to renewable energy.
To overcome these major challenges, Europe will need to implement a growth strategy that will transform the Union into a modern, resource-efficient, and competitive economy.
Luckily, the rapid decline in renewable energy costs, improved energy efficiency, widespread electrification, increasingly “smart” technologies, continual technological breakthroughs and well-informed policymaking are contributing positively to this shift, bringing a 100% renewable energy future within reach by 2030–2050.
Read the whole article, written by our CEO – Gregor Novak on his LinkedIN profile.