What is the energy transition?

The energy transition refers to the global movement from fossil fuels to cleaner, renewable energy sources like solar, wind, and hydropower, driven by climate goals and sustainability needs.

Why is the energy transition important?

It is crucial for combating climate change, reducing greenhouse gas emissions, enhancing energy security, and promoting sustainable economic growth and public health globally.

What are the main challenges of the energy transition?

Key challenges include developing new infrastructure, modernizing power grids, advancing energy storage, securing financing, ensuring equitable access, and managing the economic impact on existing industries.

What role do governments play in the energy transition?

Governments establish policies, provide incentives, regulate energy markets, invest in research and infrastructure, and forge international agreements to accelerate the transition process.

How long is the energy transition expected to take?

While significant progress is ongoing, a complete global transition is a multi-decade endeavor, with many experts targeting mid-century for substantial decarbonization across various sectors and regions.