{"id":218658,"date":"2022-12-16T11:16:50","date_gmt":"2022-12-16T05:46:50","guid":{"rendered":"https:\/\/blog.forumias.com\/?page_id=218658"},"modified":"2022-12-16T11:16:50","modified_gmt":"2022-12-16T05:46:50","slug":"answered-what-are-the-reasons-behind-the-very-slow-progress-of-the-energy-transition-in-comparison-to-the-technology-transition","status":"publish","type":"page","link":"https:\/\/forumias.com\/blog\/answered-what-are-the-reasons-behind-the-very-slow-progress-of-the-energy-transition-in-comparison-to-the-technology-transition\/","title":{"rendered":"[Answered] What are the reasons behind the very slow progress of the energy transition in comparison to the technology transition?"},"content":{"rendered":"<table>\n<tbody>\n<tr>\n<td width=\"616\"><strong>Introduction:\u00a0<\/strong>Contextual introduction.<br \/>\n<strong>Body:\u00a0<\/strong>Explain some reasons behind the very slow progress of the energy transition in comparison to the technology transition.<\/p>\n<p><strong>Conclusion<\/strong>: Write a way forward.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Energy transition refers to the global energy sector\u2019s shift from fossil-based systems of energy production and consumption \u2014 including oil, natural gas and coal \u2014 to renewable energy sources like wind and solar, as well as lithium-ion batteries.<\/p>\n<p>There are following reasons behind the very slow progress of the energy transition in comparison to the technology transition:<\/p>\n<ul>\n<li>Energy transitions are\u00a0<strong>not similar to technological transitions<\/strong><strong>.<\/strong> Within 20 years, 50% of the developing world had internet access but despite all the cost reduction and policy support, wind and solar combined accounted for less than 5% of primary energy consumption.<\/li>\n<li>The world <strong>relies on fossil fuels<\/strong> for 90% of its primary energy consumption in 1990. Today, it was around 83%. According to the <strong>International Energy Agency<\/strong>, fossil fuel reliance will remain at over 60%, even in 2050, unless the world drastically accelerates behavioural change.<\/li>\n<li>The media and investors focus on solar and wind investment. But they are <strong>not focussing<\/strong> on the challenge of <strong>how to electrify large parts of the economy<\/strong> and mass electrification.<\/li>\n<li>The world at present is focussing more on the strengthening of the grid but not on energy transmission investments.<\/li>\n<li>Over the last 20 years, <strong>electricity as a percentage of energy<\/strong> <strong>use has risen<\/strong> only 2-3% in most major economies. No major economy has an electricity share of more than 20% in total energy use. Looking at the combined data for the US\/Europe and China, electricity today accounts for only about 2% of the transport energy consumed.<\/li>\n<li>The US has the lowest gasoline prices of any major economy and does not seem to have the <strong>political will<\/strong> to put in place the tax structure needed to shift preference to EVs. Even in 2040, EVs will constitute only 40% of the vehicles on the road.<\/li>\n<\/ul>\n<p>The world needs new investments to change the process and add specialised equipment for the energy transition in energy-intensive manufacturing of products such as cement, steel, plastics, chemicals and fertilisers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction:\u00a0Contextual introduction. Body:\u00a0Explain some reasons behind the very slow progress of the energy transition in comparison to the technology transition. Conclusion: Write a way forward. Energy transition refers to the global energy sector\u2019s shift from fossil-based systems of energy production and consumption \u2014 including oil, natural gas and coal \u2014 to renewable energy sources like&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/answered-what-are-the-reasons-behind-the-very-slow-progress-of-the-energy-transition-in-comparison-to-the-technology-transition\/\">Continue reading <span class=\"screen-reader-text\">[Answered] What are the reasons behind the very slow progress of the energy transition in comparison to the technology transition?<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-218658","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/218658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=218658"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/218658\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=218658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}