Data analytics driving net zero tracker for renewable energy

IF 16.3 1区工程技术 Q1 ENERGY & FUELS

Renewable and Sustainable Energy Reviews Pub Date : 2024-10-31 DOI:10.1016/j.rser.2024.115061

Bankole I. Oladapo , Mattew A. Olawumi , Temitope Olumide Olugbade , Sikiru O. Ismail

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引用次数: 0

Abstract

This research aims to assess the impact of renewable energy policies, investments, and emissions reductions toward achieving net-zero targets by 2050. We analysed key metrics using the Net Zero Tracker (NZT), including renewable energy capacity, policy strength, financial investment, and carbon emissions across multiple regions and industries. Our methodology involved data collection from 2020 to 2050, utilising predictive modeling to project trends in renewable energy adoption and emissions reduction. Key findings show that renewable energy capacity is expected to surpass 1000 GW by 2050, with an exponential increase around 2045. Policy Strength Index (PSI) will grow by 20 %, from 50 in 2020 to 60 in 2050, while investments in renewable energy will rise from $10 billion to $25 billion over the same period. Emissions are projected to steadily decrease to zero by 2050, which aligns with net-zero goals. The margin of error in the projections is ±5 %, considering potential policy implementation and technology development variations. These results underscore the critical role of enhanced policies, sustained investments, and international cooperation in accelerating the global transition to renewable energy. The research offers valuable insights for policymakers and stakeholders to guide future strategies for achieving a sustainable energy future.

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数据分析推动可再生能源的净零跟踪

本研究旨在评估可再生能源政策、投资和减排对到 2050 年实现净零排放目标的影响。我们使用净零跟踪器（NZT）分析了关键指标，包括多个地区和行业的可再生能源容量、政策力度、金融投资和碳排放量。我们的方法包括收集 2020 年至 2050 年的数据，利用预测模型预测可再生能源的采用和减排趋势。主要研究结果表明，预计到 2050 年，可再生能源发电能力将超过 1000 千兆瓦，并在 2045 年前后呈指数级增长。政策强度指数（PSI）将增长 20%，从 2020 年的 50%增至 2050 年的 60%，同期可再生能源投资将从 100 亿美元增至 250 亿美元。预计到 2050 年，排放量将稳步下降至零，这与净零目标一致。考虑到潜在的政策实施和技术发展变化，预测误差率为 ±5%。这些结果凸显了强化政策、持续投资和国际合作在加速全球向可再生能源过渡中的关键作用。研究为政策制定者和利益相关者提供了宝贵的见解，以指导未来实现可持续能源未来的战略。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Renewable and Sustainable Energy Reviews 工程技术-能源与燃料

CiteScore

31.20

自引率

5.70%

发文量

1055

审稿时长

62 days

期刊介绍： The mission of Renewable and Sustainable Energy Reviews is to disseminate the most compelling and pertinent critical insights in renewable and sustainable energy, fostering collaboration among the research community, private sector, and policy and decision makers. The journal aims to exchange challenges, solutions, innovative concepts, and technologies, contributing to sustainable development, the transition to a low-carbon future, and the attainment of emissions targets outlined by the United Nations Framework Convention on Climate Change. Renewable and Sustainable Energy Reviews publishes a diverse range of content, including review papers, original research, case studies, and analyses of new technologies, all featuring a substantial review component such as critique, comparison, or analysis. Introducing a distinctive paper type, Expert Insights, the journal presents commissioned mini-reviews authored by field leaders, addressing topics of significant interest. Case studies undergo consideration only if they showcase the work's applicability to other regions or contribute valuable insights to the broader field of renewable and sustainable energy. Notably, a bibliographic or literature review lacking critical analysis is deemed unsuitable for publication.