Supply Chain Council of European Union | Scceu.org
Procurement

Granular technologies to accelerate decarbonization

Summary

Of the 45 energy technologies deemed critical by the International Energy Agency for meeting global climate targets, 38 need to improve substantially in cost and performance while accelerating deployment over the next decades (1). Low-carbon technological solutions vary in scale from solar panels, e-bikes, and smart thermostats to carbon capture and storage, light rail transit, and whole-building retrofits. We make three contributions to long-standing debates on the appropriate scale of technological responses in the energy system (2, 3). First, we focus on the specific needs of accelerated low-carbon transformation: rapid technology deployment, escaping lock-in, and social legitimacy. Second, we synthesize evidence on energy end-use technologies in homes, transport, and industry, as well as electricity generation and energy supply. Third, we go beyond technical and economic considerations to include innovation, investment, deployment, social, and equity criteria for assessing the relative advantage of alternative technologies as a function of their scale. We suggest numerous potential advantages of more-granular energy technologies for accelerating progress toward climate targets, as well as the conditions on which such progress depends.

Related posts

ZeroNorth unveils single destination for bunker planning, procurement, and analytics: ZeroNorth Bunker

scceu

An Evolutionary Approach to Supply Chain Digitalization

scceu

Global Real World Evidence Solutions Sourcing and Procurement Report Forecasts the Market to Have an Incremental Spend of USD 1.33 Billion | SpendEdge

scceu