GSEP releases report to assist policymakers in view of COP21
The Global Sustainable Electricity Partnership (GSEP) has released a ground-breaking report in which the top executives of the GSEP companies urge the Parties in Paris when establishing a long-term, international agreement against climate change, to enable effective frameworks that channel investments and operations, especially in the electricity sector, and to support the development and deployment of reliable and affordable technologies in order to deliver lower or zero carbon emissions. The report, Powering Innovation for a Sustainable Future, has garnered significant international attention from the media and from the United Nations Framework Convention on Climate Change (UNFCCC).
In an open letter to policymakers, GSEP executives state that they believe electricity will be at the heart of the response to the climate challenge. Lower carbon electricity represents the most effective vector of all energy systems to provide more than 2 billion people around the world who either do not have access to any electricity or to reliable electricity networks with energy which they can use productively and make meaningful improvements to their quality of life. To play an ever-larger role in economies worldwide, electricity must be cleaner, safe, affordable, secure, and continuously reliable but also efficiently generated, delivered, and used.
The report suggests taking into account four core principles to help secure the industry’s commitment to a better climate, including the need to make urgent progress with innovative research, development and demonstrations of advanced economically viable technologies that will reduce greenhouse gas emissions and accelerate the efficient generation, delivery, and end-use of electricity. It also describes the outlook for existing and emerging technologies that companies are currently developing to continuously reduce carbon dioxide emissions throughout the electricity value chain.
The report also stresses that an optimal combination of existing and new technologies will vary from country to country, even within geographical regions. The content of this report has been shared and confirmed by high-level electricity experts who shared their insights in China, India, Brazil and the United States in 2014 and 2015.
Together, the GSEP companies are leading the way in the global effort to avoid and reduce carbon dioxide emissions by optimizing technologies in the right mix, amount, time and place. By systematically optimizing and applying the full portfolio of existing and advanced technologies as they become commercially available, sustainable progress can be made over time.
Together, the eleven GSEP companies serve 1.2 billion customers, and generated and delivered about one third of the electricity used in the world last year with a capacity mix of which approximately 60% with no direct carbon emissions.
The full report is available here.