Summary of The Future of Electricity

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The Future of Electricity summary

Rating

8 Overall

8 Importance

8 Innovation

7 Style

Recommendation

The electricity industry is transforming. Renewable energies and natural gas reserves offer opportunities for countries to decarbonize electricity, bolster energy security and cut imported fossil fuel supplies. But those changes are raising costs and threatening returns on investment, according to this incisive World Economic Forum report. getAbstract recommends this illuminating look at electricity’s future to industry leaders, policy makers and investors.

In this summary, you will learn

  • Why OECD nations are developing renewable energy sources;
  • How higher costs and lower investment returns threaten that development; and
  • How governments, industry leaders, investors and financial firms can collaborate to ensure continued investment in renewable sources of electricity.
 

About the Author

The World Economic Forum is an independent global organization that engages leaders of business, politics, academia and society to improve the state of the world.

 

Summary

To reduce electricity’s carbon intensity, several OECD countries have made significant inroads in developing nonhydro renewable sources of electricity, such as geothermal, biomass, wind and solar. While these efforts so far have helped lower overall carbon intensity and decrease imported fossil fuels...

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