Energy systems power growth in all economies. We are at the point of a clean energy future. Although fossil fuels will continue to form an important portion of economic growth for the near future, a shift to the low carbon economy means a fast scale-up in new and established alternative power sources and technologies.
Rapidly dropping costs are increasing the market share of renewable energies. Greater investment in energy proficiency – in businesses, buildings, and transport – has huge potential to cut and manage demand. In emerging countries, decentralized renewables can help provide electricity for more than one billion people without existing access.