What’s next for renewable energy?

31st August 2021 – What’s next for renewable energy?

The renewable energy market is changing thanks to falling prices and increased demand for cleaner energy sources. The emergence of renewable energy has revolutionised world markets, and renewables-driven change continues with unprecedented speed. Even several years ago, few would have guessed the scope of the new technologies that have been developed to help countries begin the process of decarbonising their economies or predicted that household names like Google would be investing large sums in solar energy projects. Some of these changes have been gradual, some sudden. Others are only just beginning, and their significance is not yet widely understood. The events looks the future prospects for renewable energy.

Speakers

Lotta Pirttimaa Policy and Project Officer Ocean Energy Europe
Christoph Zipf Press and Communications Manager WindEurope
Bharadwaj Kummamuru Executive Director World Bioenergy Association
Isabel DiVanna Executive Director, Commercial and Customer Experience RenewableUK
Thomas Garabetian Senior Policy Advisor European Geothermal Energy Council

Event Schedule

Oceans powering the energy transition Lotta Pirttimaa, Policy and Project Officer, Ocean Energy Europe The oceans are the world’s largest untapped source of renewable energy. Tides and waves have the potential to provide 10 per cent of Europe’s current electricity consumption by 2050, creating 400,000 jobs. Predictable and flexible ocean energy will be needed to complement variable wind and solar energy. Led by European companies, ocean energy is all set to become a new European industry that will help deliver the global energy transition. This presentation will explain why ocean energy is the next big thing in energy – and how to unleash the power of oceans.
Electrifying Europe with wind energy Christoph Zipf, Press and Communications Manager, WindEurope Today wind energy is 16 per cent of Europe’s electricity. According to the European Commission’s Green Deal vision of climate neutrality by 2050, wind energy will become the building block of Europe’s future energy system. Over the next 30 years this energy system is going to undergo fundamental changes. Renewables-based electrification of sectors and applications that today rely on fossil fuels will increase the demand for wind energy. The presentation will provide an outlook on future volumes, the energy system in 2050 and the obstacles on the way to large-scale electrification of Europe’s economies.
Current status of the bioenergy sector and its future role in a climate neutral energy system Bharadwaj Kummamuru, Executive Director, World Bioenergy Association Bioenergy is currently the world’s largest renewable energy source, accounting for 10 per cent of the primary energy supply. It is a versatile energy source utilising a variety of feedstock and production pathways to provide energy for multiple end uses including heating, cooking, transport fuel and electricity. Globally, the sector employed more than 3 million people and generated millions in investments. The presentation will focus on the current status of the sector along with its role in a future climate neutral energy system by mid century.
Meeting the challenges of speed Isabel DiVanna, Executive Director, Commercial and Customer Experience, RenewableUK The wind industry has proved that it can scale up – in the UK and globally – to meet demand and become the primary source of energy generation. How can it do it at the required speed to meet net decarbonisation targets, is another question. We will explore what companies and government are doing in the UK to reconfigure the rule book and accelerate net zero.
The bedrock of the energy transition: unlocking geothermal energy's potential to decarbonise Europe Thomas Garabetian, Senior Policy Advisor, European Geothermal Energy Council

Geothermal energy currently covers the needs of 20 per cent of European citizens' via district heating and cooling. It is a versatile renewable energy source that can be deployed at any scale for many uses from space heating to industrial process heat, but also for supplying flexible renewable electricity or even produce strategic minerals such as lithium.

As the EU and many other countries are undergoing a rapid intensification of their energy transition policies, geothermal energy is increasingly recognized as the missing piece of many energy and climate plans.

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