About 790 million people worldwide did not have access to electricity in 2020, most of them living in sub‐Saharan Africa and developing Asia a new energy report has said.
According to International Energy Agency(IEA) report entitled Net Zero by 2050 A Roadmap for the Global Energy Sector around 2.6 billion people did not have access to clean cooking options: 35% of them were in sub‐Saharan Africa, 25% in India and 15% in China.
A lack of access to energy not only impedes economic development, but also causes serious harm to health and is a barrier to progress on gender equality and education the report noted.
“In emerging market and developing economies, energy use increases by 50% to 2050, reflecting a tripling of economic output between 2020 and 2050,” IEA report has shown.
“Despite the increase in GDP and energy use in emerging market and developing economies, 750 million people still have no access to electricity in 2050, more than 95% of them in sub‐Saharan Africa, and 1,5 billion people continue to rely on the traditional use of bioenergy for cooking.”
IEA highlighted that in emerging market and developing economies, energy use increases by 50% to 2050, reflecting a tripling of economic output between 2020 and 2050.
Despite the increase in Gross Domestic Product and energy use in emerging market and developing economies, 750 million people still have no access to electricity in 2050, more than 95% of them in sub‐Saharan Africa, and 1,5 billion people continue to rely on the traditional use of bioenergy for cooking.
The energy sector contains a large number of long‐lived and capital‐intensive assets.
Urban infrastructure, pipelines, refineries, coal‐fired power plants, heavy industrial facilities, buildings and large hydro power plants can have technical and economic lifetimes of well over 50 years.
“ If today’s energy infrastructure was to be operated until the end of the typical lifetime in a manner similar to the past, we estimate that this would lead to cumulative energy‐related and industrial process CO2 emissions between 2020 and 2050 of just under 650 Gt CO2,” the report noted.
As the world continues to grapple with the impacts of the Covid‐19 pandemic, it is essential that the resulting wave of investment and spending to support economic recovery is aligned with the net zero pathway.
“Policies should be strengthened to speed the deployment of clean and efficient energy technologies. Mandates and standards are vital to drive consumer spending and industry investment into the most efficient technologies,” IEA said.
EIA said targets and competitive auctions can enable wind and solar to accelerate the electricity sector transition adding fossil fuel subsidy phase‐outs, carbon pricing and other market reforms can ensure appropriate price signals.
“Policies should limit or provide disincentives for the use of certain fuels and technologies, such as unabated coal‐fired power stations, gas boilers and conventional internal combustion engine vehicles. Governments must lead the planning and incentivising of the massive infrastructure investment, including in smart transmission and distribution grids,” the report noted.