The second post in this series – #2 – We have economic growth, even as the use of electricity is declining – discussed electricity consumption and economic trends in society. But there are other trends that also have great impact on the utility industry and its transformation: sustainability and emission-caps.
As I see it, sustainability in terms of greenhouse gas emissions is one of the biggest challenges for power utilities and politicians in Europe. There is quite a strong political commitment to deliver on our part of the global targets. Based on the Kyoto Protocol signed in 1997, Europe has decreased its greenhouse emissions by 20 percent. It’s likely that Europe also will reach the target of increasing the share of renewable energy resources in our system to 20 percent by 2020. But:
Fact #3 – The decarbonization agenda speeds up
Find out more in the original article on The Networked Society Blog.