Page 7 - AsiaElec Week 40 2021
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AsiaElec COMMENTARY AsiaElec
borders. As the world’s fourth-largest carbon
emitter, India’s ability to meet its energy demand for 2030.
using clean energy is essential, both to powering Sushil Purohit, president of Wärtsilä Energy
its rapidly expanding economy and stabilising and EVP, Wärtsilä, added: “There is no single
climate change, the report said. solution that fits all markets, and this report
Wartsila’s forecasts for the energy transition highlights the different paths and technologies
are important, as it is a major global player in the that can be utilised. The ultimate aim, however, is
power sector, accounting for 74 GW of power common to all and that is to decarbonise energy
plant capacity and more than 80 energy storage production and take the fullest advantage of our
systems delivered to 180 countries. natural energy sources.”
The report also underlines that the technol-
Elsewhere ogies needed to achieve 100% renewable power
Meanwhile, California and Germany could cut systems are already available at scale around the
generation costs by 17% and 8% by 2040 respec- world.
tively if they push forward with renewables. “This valuable report from Wärtsilä shows
This acceleration towards renewables would very clearly what can be achieved by moving
also create what the report calls “colossal carbon away from conventional fuels towards 100%
savings” in the short term, enabling national cli- renewable energy. Reducing electricity cost
mate targets to be achieved. and CO2 emissions in parallel generates CO2
Germany could avoid 422mn tonnes of reduction benefits. The technologies available
carbon dioxide by 2040 by accelerating its coal today offer the flexibility and rapid reaction time
phase-out. This would help achieve its 65% needed to balance renewables,” said Christian
reduction target (compared to 1990 levels) set Breyer, professor at the LUT University.
Week 40 06•October•2022 www. NEWSBASE .com P7
