energy transition
Innovation driving the Energy
Energy Transition involves a structural change in the energy system from our existing model to a new paradigm, going well beyond the simple replacement of one source of fuel energy by another. To help meet global climate change goals of limiting the increase in global average temperature to 1.5 °C, set at the Paris Climate Agreement 2015, policy makers could strengthen investment conditions by shifting incentives to make renewable power more attractive to investors – thus stimulating innovation and patenting in renewable technologies. More…