2024-12-23
https://w3.windfair.us/wind-energy/news/33516-paris-agreement-temperature-battery-scale-up-storage-renewable-energy-emission-sector-transport-power-value-chain-costs

Battery Scale-Up Required to Support Paris Agreement

“Batteries are key to decarbonising road transportation and supporting the transition to a renewable power system," says GlobalData.

Official Press Release GobalData:

Battery ‘scale-up’ needed to hit Paris Agreement temperature target, says industry expert

Wind Industry Profile of
Battery ‘scale-up’ needed to hit Paris Agreement temperature target, says industry expert

A recent World Economic Forum report found that, in the right conditions, battery technologies could reduce emissions in the transport and power sectors by 30% - enough to hit the 2°C Paris Agreement target.

GlobalData’s power technology writer Scarlett Evans says: “Finding and popularising low-carbon energy sources has rapidly become a global priority, and the World Economic Forum (WEF) report was created with this mission in mind. Presenting a case for battery investment, the report identifies the industry as possibly ‘the most significant’ intervention in meeting the Paris temperature targets and, if coupled with other technologies, capable of setting a course to achieve the 1.5C goal. “The stage is set for batteries to see widespread... ... More: Official Press Release GobalData

Keywords:
Paris Agreement, temperature, battery, scale-up, storage, renewable energy, emission, sector, transport, power, value chain, costs







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