Saltar a navegação
The Future of Electricity
Report

The Future of Electricity

Attracting Investment to Build Tomorrow’s Electricity Sector


áudio gerado automaticamente
áudio gerado automaticamente

Editorial 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.

Take-Aways

  • To reduce electricity’s carbon intensity, a number of OECD countries have made significant inroads in developing nonhydro renewable sources of electricity, such as geothermal, biomass, wind and solar.
  • Renewable resource expansion demands high up-front investments. The electricity sector will require a further $7.6 trillion by 2040 in order to derive 24% of electricity from nonhydro renewable sources.
  • Electricity prices have already risen across the OECD, and by 2040, ongoing investment, maintenance and operation costs will raise wholesale electricity rates by 57% in Europe and 50% in the United States.

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.


More on this topic

By the same author

7
Report
7
Report

    Learners who read this summary also read

    Related Channels