Summary of The Future of Electricity

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

The Future of Electricity summary
Start getting smarter:
or see our plans

Rating

8

Qualities

  • Innovative

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.

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, renewable resource expansion demands high up-front investments. Electricity-sector investments in the OECD totaled $3 trillion between 2000 and 2012, and the industry will need another $7.6 trillion by 2040 to meet the objective of deriving 24% of electricity from nonhydro renewable sources.

This progress...

More on this topic

By the same author

The Global Risks Report 2019
The Global Risks Report 2019
8
The Global Gender Gap Report 2018
The Global Gender Gap Report 2018
8
Regional Risks for Doing Business 2018
Regional Risks for Doing Business 2018
8
The Future of Jobs Report 2018
The Future of Jobs Report 2018
8
The Financial Cost of Terrorism in Europe
The Financial Cost of Terrorism in Europe
7
How Global Can Power Local
How Global Can Power Local
8
Towards a Reskilling Revolution
Towards a Reskilling Revolution
9
The Global Gender Gap Report 2017
The Global Gender Gap Report 2017
9
We'll Live to 100 – How Can We Afford It?
We'll Live to 100 – How Can We Afford It?
9
Risk Mitigation Instruments in Infrastructure
Risk Mitigation Instruments in Infrastructure
7
The Global Risks Report 2017
The Global Risks Report 2017
8
The Inclusive Growth and Development Report 2017
The Inclusive Growth and Development Report 2017
9
Alternative Investments 2020
Alternative Investments 2020
7
Innovations in Long-Term Capital Management
Innovations in Long-Term Capital Management
7
The Human Capital Report 2016
The Human Capital Report 2016
8
Understanding the Commercial Real Estate Investment Ecosystem
Understanding the Commercial Real Estate Investment Ecosystem
8
The Role of Financial Services in Society
The Role of Financial Services in Society
7
Global Risks Report 2016
Global Risks Report 2016
9
Alternative Investments 2020
Alternative Investments 2020
8
How 21st-Century Longevity Can Create Markets and Drive Economic Growth
How 21st-Century Longevity Can Create Markets and Drive Economic Growth
7
Enhancing Europe’s Competitiveness
Enhancing Europe’s Competitiveness
8
Smart Travel
Smart Travel
7
Strategic Infrastructure
Strategic Infrastructure
8
Global Risks 2015
Global Risks 2015
8
Global Energy Architecture Performance Index Report 2015
Global Energy Architecture Performance Index Report 2015
8
Direct Investing by Institutional Investors
Direct Investing by Institutional Investors
7
The Global Gender Gap Report 2014
The Global Gender Gap Report 2014
8
The Bold Ones
The Bold Ones
7
Accelerating Infrastructure Delivery
Accelerating Infrastructure Delivery
8
The Human Capital Report
The Human Capital Report
8
Connected World
Connected World
8
Delivering Digital Infrastructure
Delivering Digital Infrastructure
8
Scenarios for Ukraine
Scenarios for Ukraine
8
World Economic Forum Annual Meeting 2014
World Economic Forum Annual Meeting 2014
8
New Growth Models
New Growth Models
8
Climate Adaptation
Climate Adaptation
7
Global Risks 2014
Global Risks 2014
8
Outlook on the Global Agenda 2014
Outlook on the Global Agenda 2014
9
Technology Pioneers 2014
Technology Pioneers 2014
9
New Energy Architecture: Myanmar
New Energy Architecture: Myanmar
8
Developing Future Social Protection Systems – Retirement Income
Developing Future Social Protection Systems – Retirement Income
8

Customers who read this summary also read

The 2018 Report of the Lancet Countdown on Health and Climate Change
The 2018 Report of the Lancet Countdown on Health and Climate Change
8
After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right
After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right
9
Managing Financial Risks from Hydropower
Managing Financial Risks from Hydropower
7
5 Puzzles in the International Economy
5 Puzzles in the International Economy
8
The Global Risks Report 2018
The Global Risks Report 2018
9
Global Warming of 1.5 °C
Global Warming of 1.5 °C
8

Related Channels

Globalization
Energy
Environment

Comment on this summary