Sep 21, 2023 · Progress on the global energy transition has seen only "marginal growth" in the past three years, according to a World Economic Forum report. Fast and effective renewable energy innovation is critical to meeting climate goals. Here are five solutions that could help countries meet emissions targets.

Aug 31, 2023 · We need to accelerate our global energy transition towards a cleaner, more equitable and secure energy system, or miss 2050 net-zero targets. But thousands of entrepreneurs are working on innovative solutions that could help transform our global energy system, according to the World Economic Forum’s latest Fostering Effective Energy ...

Jan 9, 2025 · The new emerging energy economy presents major opportunities for countries looking to manufacture clean technologies, their components and related materials. Increasingly, governments and populations value things such as jobs, manufacturing, energy security and cost; they prioritize these over emissions reduction.

Jan 15, 2025 · China should accelerate the transition to new energy, promote the green development of data centres, and explore the integrated development of green electricity and the AI industry. Efforts should be made to promote the smart use of power in industrial, commercial and residential scenarios to save energy and reduce the strain on the power grid ...

Apr 23, 2021 · Europe and China are leading the installation of new pumped storage capacity – fuelled by the motion of water. Batteries are now being built at grid-scale in countries including the US, Australia and Germany. Thermal energy storage is predicted to triple in size by 2030. Mechanical energy storage harnesses motion or gravity to store electricity.

Dec 20, 2024 · New patents to integrate AI into power grids have grown sixfold in recent years, according to the International Energy Agency. And AI can drive new breakthroughs in clean energy sources, including nuclear. Microsoft, Google and Amazon are all looking to nuclear power to help meet their increasing power needs as AI use grows.

Feb 24, 2025 · The country's core dilemma lies in energy: Davos discussions revealed both increasing climate costs and AI-driven energy demand growth. This requires Saudi Arabia to simultaneously manage fossil fuel assets while establishing clean energy leadership – a balancing act becoming increasingly difficult.

Oct 19, 2021 · “The new energy economy will be more electrified, efficient, interconnected and clean,” says the IEA. “Its emergence is the product of a virtuous circle of policy action and technology innovation, and its momentum is now sustained by lower costs.”

Jan 30, 2025 · Energy was a key topic at the World Economic Forum Annual Meeting 2025, with discussions featuring a greater focus than in previous years on energy security, meeting rising demand and how energy enables economic development.

Jan 8, 2025 · The use of green bonds is another promising avenue; India issued over $10 billion worth for clean energy projects between 2016 and 2021. These bonds provide a vehicle for private investment in large-scale renewable projects, facilitating the integration of renewable energy and modernizing grids.