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Electric cars are booming in Vietnam. China is racing ahead with electric technology. And India is rapidly expanding renewable energy. While Europe struggles to…
Electric cars are booming in Vietnam. China is racing ahead with electric technology. And India is rapidly expanding renewable energy. While Europe struggles to keep pace, emerging economies are reshaping the global energy transition. But with electricity demand soaring and coal still playing a major role, can the world reach its ambitious new electrification target by 2035? And will it actually help the climate?
Chapters:
00:00 India’s renewable energy boom
00:49 Why electrification is taking off
02:30 Who’s leading and who’s falling behind?
04:05 Can the world reach 35%?
05:40 The coal dilemma
08:21 What’s stopping the world from reaching 35 percent?
For more news go to: http://www.dw.com/en/
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Solar energy is cheaper than fossil fuels. The transition in developing countries is happening because it benefits people, governments, and industries.
Technology may continue to advance, reaching heights we could never imagine. But if these innovations do not translate into real opportunities for people — such as jobs, livelihoods, and ways to improve daily life — then their benefit will remain limited. In that case, technology will serve only as entertainment or spectacle, not as a true force for human progress.
The energy transition?...<br><br>It is not fueled by electricity, not even by fossil fuels.<br>It is fueled by idealism and incompetence.<br><br>First, try everything that does not work.<br>Then, stumble on what does work somewhere else.<br>Only to discover that your own institutions had already provided the core solution from the start.<br>That is politics.<br><br>That is how things work.<br>Evolution is not a straight line.<br><br>The amount of damage that the EU has already done to its own industry becomes more evident with each passing day.<br>The EU regulatory machine choked rather than stimulated innovation.<br>It pushed ideology and conformity over industry and economy, becoming its own worst enemy in the energy transition.<br><br><br>The EU energy transition has become a self-inflicted wound.<br><br>The push-back has already started and it will push them back years behind.
With the facts in hand, we can see how Germany’s industry has been affected by the electricity prices. The result is that 16 percent of the population lives in poverty due to the development, which we can expect in Sweden if the situation is not controlled.
Nobody talks about the population decrease together with electrification. You don’t need to build infrastructures for cities. Everybody can produce its own electricity with a smaller investment than infrastructure if we change our habit of living in condensed cities in apartments. Small independent one flat housing shoul be awarded. At the end, the population is decreasing so no need to build long living concrete homes. We need homes that can easily be demolished if there is no demand. Build railways and new affordable living homes.
One thing that is left out in these discussions is that executing these transitions cannot be done overnight. Transmission lines have to be built, solar panels have to be produced in sufficient quantity, land has to be found, people have to be trained, and all this has to be financed, on an enormous scale. It's happening, and the Indian government is pushing very hard, but changing all this will take time in a country with 1/5 the world's population. The number of different initiatives - green hydrogen, solar, nuclear, pumped hydro, rooftop solar, agrivoltaics, wind, floating solar, green ammonia, coal gasification, carbon capture etc etc is enormous, wide ranging, and comprehensive. <br><br>One thing we definitely can do with less of is receiving moralizing lectures from the West. With all our coal plants, our per capita CO2 emissions are still a third compared to the EU. So suck it up.
Political Elite in India that also dominate corporations have large holdings in Fossil fuels and appliances so they are taking a slower approach to transition!!
I think Canada must be at the bottom of the list. I see nothing in British Columbia. I have a 1 kw on the roof of my RV, and maybe I am on the leading edge. Our problem is too much oil and govt support for oil pipelines and ports to export it, and massive lack of support for nature: fast tracking pipelines, etc. If it doesn't cost billions of tax dollars, Carney ignores it.
In countries with monopolistic structures, the issue is economic; in democratic nations, it is political. On a global scale, however, the slow pace of electrification remains an economic issue rather than a political one.
Most remarkable about India is the conversion of the railway network. In the 1980s India was known for still using an extensive fleet of steam locomotives. Today, over 90% of routrs are electric. This is nearly the highest rate of any "large" country, only Switzerland is higher. (Excluding compact city-states with urban electric rail transit). I'm from Canada where the percentage of electrification of national rail network sits right around 0%.
Will the developed world give India access to technology and capital at affordable rates to build Small Modular Reactors at scale? Then it can rapidly transition out of coal and become a deeper electrostate.
Apparently, no concern re. everybody's dependence on Chinese solar inverters (the hi-tech web-enabled gadgets that convert the DC power produced by solar cells to the AC power needed by home appliances). If it chose, China could disable all those solar energy farms at the snap of an internet-connected finger. The world is as dependent on China for power inverters as it is for solar cells.
Here in Cyprus, the sunniest country in Europe, we make electricity from diesel. We don't even have natural gas. There's so much sun here you can't even grow tomatoes yet Cypriots are unable to adopt solar. People have it on private homes, but they are kicked off the grid almost every day. The problem there is no surge capacity, no storage and nowhere to send it. A project to lay a cable from here to Crete has been in planning phase for many years. Cyprus never gets anything beyond the planning stage. The EU sent money to build an LNG terminal. Cypriots stole it. Help.
If the West imposes more and more emissions standards then emerging economies will have to keep down pollution or pay the West a fine to sell here. We don't manufacture anymore so let's slow down the East and pay them as little as we can. Put them into debt and keep them there.
what will happen to the billions of solar panels in 15-20 years when they reach the end of their life cycle ? no one is talking about the recycling problem that is only a blink of a eye away.
Silicon Valley promote that AI is the biggest tech ever, but personally I think renewable energy, incl. electrification, is the greatest ever for mankind.
We need to investigate the links between the multinational oil company's and politicians and prevent that the renewable energy isn't taken over insider trading and price fixing
A lot of these countries are in the south and/or the deserts, could not possibly be a better opportunity for Solar, especially considering it’s now the cheapest electricity source
Well thats good for india. Nuclear power plant is still the cleanest. Until we develop better huge mountainous batteries that can collect and store huge amount of electricity. But every country in the world are incapable of thinking this.
It is technically and economically feasible to supply the entire world with 100% renewable energy. Several comprehensive studies, including those from Stanford University and LUT University, indicate that a complete transition can be achieved by 2050.
<br>Don't forget: The fossil fuel industry receives over $7 trillion in government subsidies globally per year, equivalent to about 7% of global GDP. This support includes both direct subsidies and indirect support in the form of tax credits and free allowances, according to the IMF, and would not be able to compete in the market without it.
This ties up to industrialization and factories. The west don't produce as much goods as compared to developing countries; therefore, developing countries has the incentive to drive up their power supply.
Electric cars are booming in Vietnam. China is racing ahead with electric technology. And India is rapidly expanding renewable energy. While Europe struggles to keep pace, emerging economies are reshaping the global energy transition. But with electricity demand soaring and coal still playing a major role, can the world reach its ambitious new electrification target by 2035? And will it actually help the climate?
Chapters:
00:00 India’s renewable energy boom
00:49 Why electrification is taking off
02:30 Who’s leading and who’s falling behind?
04:05 Can the world reach 35%?
05:40 The coal dilemma
08:21 What’s stopping the world from reaching 35 percent?
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Reddit: https://www.reddit.com/user/DWNews/
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
<br>Don't forget: The fossil fuel industry receives over $7 trillion in government subsidies globally per year, equivalent to about 7% of global GDP. This support includes both direct subsidies and indirect support in the form of tax credits and free allowances, according to the IMF, and would not be able to compete in the market without it.