Want To Hit Net-Zero Goals? Increase Public Investment In Viable Technologies


The goal to reach net zero by 2050 will not only entail cutting carbon levels, but electrifying the entire economy. Decarbonization technologies have not quite reached the necessary scale – and the pathway will require coordination across federal and state governments to solve innovation, regulation, and market issues. Renewable energy inevitably serves as a significant benefactor, but therefore onsite generation and advanced energy storage must be expanded. To learn more read, Want To Hit Net-Zero Goals? Increase Public investment in Viable Technologies.


Key Takeaways:

  • Electricity now makes up 20% of all end-use energy consumption in this country. By 2050, however, that could rise to 60%.
  • The grid has to be able to handle the increased traffic and the influx of intermittent energy sources that depend on the weather. 
    • California plans to get to 60% renewables by 2030 and to 100% by 2045. The state’s independent system operator has called distributed energy resources “absolutely critical” — a way to alleviate strain on the primary grid while using clean energy and ensuring reliability. 
  • The International Renewable Energy Association estimates that hydrogen could make up 12% of global energy use by 2050. 
    • The association predicts that the mid-2030s will be the turning point — the time when green hydrogen will be competitive with “grey hydrogen” produced from fossil fuels.

Path to 100% Perspective:

The Path to 100% requires addressing economic, scientific and political challenges within the energy market. The United State’s decarbonization goals require an innovative energy transition in order to enter 2050 carbon-free. Solely boosting renewables is not enough – there must be a decrease in reliance on traditional gas and coal-fired plants, and gravitate towards flexible power systems that serve the dynamic needs of the communities consumption rhythm.