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Data analytics driving net zero tracker for renewable energy

delete2025-02-01
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OA
AI
B
Bankole I. Oladapo *
M
Mattew A. Olawumi
T
Temitope Olumide Olugbade
S
Sikiru Oluwarotimi Ismail
DOI:10.1016/j.rser.2024.115061delete
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摘要

摘要

En 中文
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.
Keyword:
Net zero tracker
Renewable energy harvesting
Net zero emissions
Sustainability
Energy transition
Policy implications
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期刊

Renewable and Sustainable Energy Reviews 封面图
Renewable and Sustainable Energy Reviews
IF:
16.3
论文数:
1.6W
被引数:
18.5W

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U
University of Dundee
学者数:
1.3W
论文数: 1.1W
被引数: 1.6W
D
de montfort university
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2.3K
论文数: 2.7K
被引数: 0
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University of Hertfordshire
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4.0K
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被引数: 6.8K
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