As Europe is finalizing its 2050 climate and energy targets, how will this shape the opportunities for investment in renewables, storage, and flexibility? Europe’s targets are ambitious and raise several questions: What frameworks and policies will be required to meet the targets? Are the targets realistic? What will be the impact for existing assets? How to address financial and nonfinancial barriers to the deployment of new technologies?
Heat and power account for 60% of emissions globally. Renewables deployment has made some progress, however there is still a long way to go. Could hydrogen help in meeting mid-century emissions targets in the heat and power sectors?