Thursday, September 21 2023 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Sep 18
Week of Sep 11
Week of Sep 04
Week of Aug 28
Week of Aug 21
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    APEC to accelerate clean energy transition, ensures sustainable growth


    May 24, 2023 - Thai News Service

     

      APEC energy officials are strengthening cooperation to accelerate progress toward clean energy transition while ensuring sustainable and inclusive economic growth in the Asia-Pacific region.

      "Energy is the foundation on which our economies are built, and it is what makes everything else possible," said Ariadne BenAissa, the Lead Shepherd of the APEC Energy Working Group (EWG), during the group's meeting on May 21-22.

      However, she added that at the same time, current energy systems are the primary driver of climate change, which is the greatest existential threat.

      The APEC region contributed to 59 percent of the global total primary energy supply in 2020, according to the group.

      Fossil fuels dominate APEC's energy mix at 86 percent of the total primary energy supply and 75 percent of electricity generation, the group noted in a written statement received here on Tuesday.

      Though fossil fuels dominate the current energy mix, and the region continues to add coal capacity, APEC is experiencing accelerated growth in renewable energy and is currently ahead of schedule in meeting the existing goals to double renewable energy and energy intensity.

      "We have worked together to advance energy security, accelerate deployment of renewable energy, and reduce energy intensity, among other areas," the United States Co-Chair of the EWG, Elizabeth Urbanas, remarked.

      "But we must strengthen our energy ambitions to accelerate progress while safeguarding the most vulnerable populations impacted by climate change," she affirmed.

      As the host of APEC 2023, the US has put forward a proposal for the forum to adopt a new aggregate goal for power sector decarbonization, with a new target for electricity from carbon-free or carbon-neutral sources by 2035.

      "We also need to reduce methane emissions, which can be achieved through exchanges on leakage detection, methane abatement technologies and approaches, and a commitment to carry forward these efforts," Urbanas stated.

      Recognizing the need to take care of the people in the region as economies cope with the changes required to transition to a new energy paradigm, energy officials, experts, academia, and civil society held a policy dialogue on just energy transition preceding their meeting.

      The group dialogue looked into practical actions for member economies' consideration, as they decrease the reliance on fossil fuels for power and energy production and increase the use of clean energy.

      It includes incorporating inclusivity and focusing on supporting the region's workforce, including women, small and medium enterprises, and others, with untapped economic potential.

      "We may be talking about offshore wind deployment, hydrogen infrastructure, or digital solar maps, but at the heart of all of this, what we are talking about is taking care of our people," BenAissa affirmed.

      Source: ANTARA News

    TOP

    Other Articles - Utility Business / General


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.